How to use Musaffa’s Halal ETF Screener in the app

Last updated 9 months ago

Looking for Shariah-compliant ETFs to diversify your halal investment portfolio? Musaffa’s Halal ETF Screener in the app makes it easy to discover, filter, and analyze ETFs that align with Islamic investing principles.

In this quick guide, we’ll walk you through how to use the screener step by step.

Step 1: Access the ETF Screener

  1. Open the Musaffa app.

  2. Tap on the “Explore” tab from the bottom navigation.

  3. Select “Halal ETF Screener” from the available tools.

You’ll now see a wide list of ETFs ready to be explored.

Step 2: Apply Filters and Sort the List

To find ETFs that meet your preferences, apply filters such as:

  • Country – Select ETFs listed in specific countries.

  • Asset class – Choose between equity, fixed income, or other asset types.

  • Compliance – Filter based on Shariah compliance.

  • Musaffa Halal Rating – View ETFs by their halal score.

You can also sort ETFs by:

  • Price – Low to high or high to low

  • Percent change – Based on daily performance

These filters help you quickly narrow down ETFs aligned with your financial goals and Islamic values.

Step 3: Explore ETF Details

Once you tap on an ETF, you’ll see a detailed breakdown that includes:

Overview

  • Current price.

  • Price chart over different timeframes.

  • Key stats: 52-week high/low, AUM, P/E ratio, P/B ratio, today’s range.

  • Profile - Basic information about the ETF’s structure and investment strategy.

Country & Sector Exposure

  • Breakdown of which countries and sectors the ETF is invested in.

ETF Holdings

  • List of companies held by the ETF.

  • Shariah status of each holding (if available).

Shariah Compliance Report

  • A dedicated section outlining the ETF’s compliance status

  • Breakdown of factors that contribute to its halal rating

This detailed view gives you the insights you need to make well-informed, values-based decisions.

Step 4: Add ETFs to Your Watchlist

To keep track of an ETF:

  • Tap the Watchlist icon in the top right corner of the ETF page

  • Select a watchlist or create a new one

You’ll be able to monitor performance and compliance status changes easily.

Step 5: Share ETFs with Others

Want to recommend an ETF?

  • Tap the Send icon (right next to the watchlist icon)

  • Share it with your friends, family, or investing circle via your favorite messaging app.

Final thoughts

Musaffa’s Halal ETF Screener is a powerful tool for investors who want to grow their portfolios in a way that’s both smart and Shariah-compliant. With easy filters, clear breakdowns, and a user-friendly design, you can find the right ETFs faster and invest with confidence.

Open the Musaffa app and start exploring halal ETFs today.