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Amal Invest›
Products & Services
AddedJun 18, 2026
UpdatedJun 18, 2026
Halal Investing App

Amal Invest› offers Halal Investing App

ServiceCurrently Offered

Amal Invest's halal investing app gives Muslim consumers a mobile platform to buy Shariah-screened stocks and ETFs.

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Overview

Amal Invest is a Y Combinator-backed mobile platform that lets Muslim retail customers invest in Shariah-screened stocks and exchange-traded funds through a self-serve app. The service screens listed equities for compliance with Islamic finance principles, removing companies involved in interest-based lending, alcohol, gambling, pork, and other prohibited categories, and provides fractional share trading for global investors.

The Manama-based company operates internationally and uses an API-driven brokerage model to support distribution beyond its native Bahraini market. Amal is an SEC-aware Shariah investing platform that competes with halal robo-advisors and digital wealth platforms targeting Muslim consumers globally.

Halal Investing App - Classification

Industry
  • Financial Services Companies

Halal Investing App - Direct Competitors

  • Wahed Invest

    Wahed Invest logo

    Halal Robo-Advisor

    wahedinvest.com

AttributeHalal Investing AppHalal Robo-Advisor
ProviderAmal Investamalinvest.com$500k raised · SeedWahed Investwahedinvest.com$90M raised · Series B
Founded20212015
Sells ToConsumersConsumer
Pricing ModelRecurring, Software, TransactionalSubscription
OwnershipVenture CapitalVenture-backed private company
Halal Investing App

Provider Amal Investamalinvest.com$500k raised · Seed

Founded 2021

Sells To Consumers

Pricing Model Recurring, Software, Transactional

Ownership Venture Capital

Halal Robo-Advisor

Provider Wahed Investwahedinvest.com$90M raised · Series B

Founded 2015

Sells To Consumer

Pricing Model Subscription

Ownership Venture-backed private company

Halal Investing App - Similar Products & Services

  • Halal Wealth Platform logo

    Halal Wealth Platform

    manzil.ca