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Detail explanation of IslamicStock app and screening criteria

IslamicStock - Screener India

by Ishrat Khan

What is it about?

Detail explanation of IslamicStock app and screening criteria.

App Details

Version
6.0.2439
Rating
(2)
Size
66Mb
Genre
Business Finance
Last updated
September 27, 2024
Release date
June 14, 2022
More info

App Screenshots

App Store Description

Detail explanation of IslamicStock app and screening criteria.

There are broadly five key criteria that a company must pass in order to be considered a sharia-compliant halal investment. These are screening criteria according to Mufti Taqi Usmani, which must be met in order for a company’s shares to be a halal Islamic investment.

1.The Business
2.Income from non-sharia compliant investments
3.Interest-bearing debt to total assets
4.Illiquid assets to total assets ratio
5.Net liquid assets v market capitalisation

These criteria also followed by Zakir Naik and other scholar also.

It's a free app , that let you find halal stocks from the Indian stock market all stocks are available NSE, BSE.

App shows if stock is shariah compliant or not Shariah compliant and gives you free report why any stock is Halal or why it's not Compliant.


We do our best to screen stocks as accurately as possible. Please let us know by email if you spot an error or find something questionable.
Jazaak Allahu khairan.

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