Self-Directed Halal Stock Trading for Muslim Investors
Trade Shariah-screened stocks and build a Halal portfolio on your own terms, with real-time compliance screening, fractional shares, and no interest-bearing accounts.
Fractional Shares
Start building your halal portfolio with as little as $100. High stock prices should never stand between you and your ethical investment goals.
Real-Time Shariah Screening
Know instantly whether a stock is compliant before you invest. Screened and verified against AAOIFI standards.
Zakat Calculator
Integrated tools to help you calculate and track your annual Zakat obligations on your investments, accurately and effortlessly.
Purification Calculator
Identify and manage any portion of returns that require purification, so your wealth stays as clean as your intention.
SIPC-Insured Custody
Your assets are held by Alpaca Securities LLC, a FINRA-member broker-dealer with SIPC protection up to $500,000.
Simple, Transparent Pricing
Frequently Asked Questions
Who Is This For?
Manzil Trading is built for Muslim investors in the US who want to take a hands-on approach to building their halal portfolio. Whether you are just starting out with fractional shares or managing a more established portfolio, every stock in our universe is pre-screened against AAOIFI standards so you can invest with confidence and without compromise.
What stocks can I trade?
Every stock available on Manzil Trading has been pre-screened against AAOIFI standards. If a stock does not meet our Shariah compliance criteria, you are not able to trade it.
Is stock trading Halal?
Yes, trading stocks in Shariah-compliant companies is permissible under Islamic finance principles. What matters is that the companies you invest in pass rigorous Shariah screening criteria, which is exactly what Manzil Trading does for you before you ever place a trade.
What is the minimum investment?
You can start with as little as $100 through fractional shares, meaning high stock prices will never prevent you from building a halal portfolio.
How does Manzil ensure ongoing compliance?
Shariah screening verified against AAOIFI standards in real time. If a stock's compliance status changes, you will be notified so you can make an informed decision.
Are my assets protected?
SIPC does not protect against loss of principal due to movements in the market value of your securities. Alpaca Securities LLC is a FINRA-member broker-dealer and a member of the Security Investor Protection Corporation. For details, please see www.sipc.org.
Disclaimer
Investment Advisory Services are offered through Manzil Investment Advisors, LLC ("Manzil Invest"), a registered investment adviser. Securities are offered and sold through Alpaca Securities.
Manzil Invest is a registered investment adviser located in Dallas, TX. Manzil Invest may only transact business in those states in which it is registered or qualifies for an exemption or exclusion from registration requirements.
Manzil Invest’s website is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of Manzil Invest’s website on the Internet should not be construed by any consumer and/or prospective client as Manzil Invest’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.
Any subsequent, direct communication by Manzil Invest with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Manzil Invest, please contact the state securities regulators for those states in which Manzil Invest maintains a registration filing. A copy of Manzil Invest’s current written disclosure statement discussing Manzil Invest’s business operations, services, and fees is available at the SEC’s investment adviser public information website – www.adviserinfo.sec.gov or from Manzil Invest upon written request.
Manzil Invest does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Manzil Invest’s website or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. This website and information are provided for guidance and information purposes only. Investments involve risk and unless otherwise stated, are not guaranteed.
This website and information are not intended to provide investment, tax, or legal advice.
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Manzil bears no responsibility for inaccuracies in the calculations or for the payment of purification itself.