We have launched a very exciting feature in this release: User curated collections.
You can now create/curate your collections and publish them in the app. Other users can see and follow them.
What else is new?
Now you can see all your stock coverage requests in your profile along with their completion status.
Portfolio related issues and bugs have been fixed.
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1.27.0
May 11, 2024
From time to time, we improve the features and performance of our app. This is one such update with useful feature improvements.
Added Bio-metric lock feature.
Added an option change your default country.
Added an option to auto-fetch current prices for holdings in Zakat Calculator, Compliance Tracker and Purification Tracker.
Added sort, filter and search in Super Investors Portfolio.
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1.26.0
April 18, 2024
Eid Mubarak. Say hello to a major Musaffa app update!!!
New Portfolio Purification Tracker which can now purify the stocks that have recently turned non-compliant.
Your broker integration not available? No worries. Musaffa brings you the feature of manually adding your portfolio and transactions to keep a track of your portfolio & get notified.
Also, did we mention: you can now see the Stock’s shariah history to find out how the stock has been performing on a shariah stand-point.
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1.25.1
March 20, 2024
The Ramadan Release is here:
- Calculate the Zakat on your investments based on the intent of short or long term.
- For Premium Members: You can now request updation of stock screening report if you feel the new company financial reports are out and we have not yet analysed it.
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1.25.0
March 8, 2024
The Ramadan Release is here:
- Calculate the Zakat on your investments based on the intent of short or long term.
- For Premium Members: You can now request updation of stock screening report if you feel the new company financial reports are out and we have not yet analysed it.
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1.24.2
February 21, 2024
Big-Big-Big Update!
- New better Musaffa Home-screen
- Musaffa Academy within app
- Super Investors Portfolio
- Halal Stock Collections
- Notifications History
Not just this, we have made the overall app experience smoother by fixing minor issues, lag and stutters. Enjoy the new revamped Musaffa experience!
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1.24.1
February 20, 2024
Big-Big-Big Update!
- New better Musaffa Home-screen
- Musaffa Academy within app
- Super Investors Portfolio
- Halal Stock Collections
- Notifications History
Not just this, we have made the overall app experience smoother by fixing minor issues, lag and stutters. Enjoy the new revamped Musaffa experience!
More
1.23.3
February 3, 2024
The most awaited feature is here! Musaffa Portfolio & Purification Dashboard.
You can now link your existing brokerage accounts and view the overall Shariah compliance. What percentage of your portfolio is halal, what's not halal etc.
It does not stop here: Now, there's no need to manually calculate the purification amounts for your transactions. Once you connect your portfolio, our purification dashboard will automatically calculate the amounts and give you an easy way to track and mark the amounts as paid.
With Musaffa: Keep your earnings always halal & purified!
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1.23.2
January 29, 2024
The most awaited feature is here! Musaffa Portfolio & Purification Dashboard.
You can now link your existing brokerage accounts and view the overall Shariah compliance. What percentage of your portfolio is halal, what's not halal etc.
It does not stop here: Now, there's no need to manually calculate the purification amounts for your transactions. Once you connect your portfolio, our purification dashboard will automatically calculate the amounts and give you an easy way to track and mark the amounts as paid.
With Musaffa: Keep your earnings always halal & purified!
More
1.23.0
January 25, 2024
The most awaited feature is here! Musaffa Portfolio & Purification Dashboard.
You can now link your existing brokerage accounts and view the overall Shariah compliance. What percentage of your portfolio is halal, what's not halal etc.
It does not stop here: Now, there's no need to manually calculate the purification amounts for your transactions. Once you connect your portfolio, our purification dashboard will automatically calculate the amounts and give you an easy way to track and mark the amounts as paid.
With Musaffa: Keep your earnings always halal & purified!
More
Musaffa In-App Purchases History
$8.99
Monthly Premium subscription
Enables all features for one month
$63.99
Yearly Premium Subscription
Enables all features for one month
🪨 price unchanged, but purchase info updated on July 7, 2024.
Price History of Musaffa
Description of Musaffa
Most Muslims still do not have access to good Islamic Financial education, including knowledge of investments and capital markets. Moreover, observant Muslims tend to shy away from financial markets because they do not want to unintentionally invest in forbidden (haram) assets. As a result, most Muslims are not enjoying the same financial rewards that non-Muslims are reaping by participating in the financial markets. It does not have to be the case.
Features include:
- Most Comprehensive Halal Stock and ETF Screener
- Search and compare stocks from the US, UK, Canada, Malaysia, Indonesia, Singapore, and more
- We rank each halal stock based on their Shariah compliance standing. The higher the ranking, the more Shariah compliant the stock is
- We provide recommendation scores from top Wall Street analysts for every halal stock
- Identify alternative halal stocks with our related stocks feature
- Create your own watchlists and monitor the Shariah compliance status of all your favorite stocks
- Instantly get notified when there is a change in compliance status
Show less
Musaffa: FAQ
Does Musaffa work on iPad devices?
No, Musaffa is not compatible with iPad devices.
Who created Musaffa?
Musaffa was launched by Musaffa, LLC.
What’s the minimum iOS requirement for the Musaffa app?
Currently, Musaffa supports iOS 12.0 or later.
How does the Musaffa app rank among users?
The overall user rating of the Musaffa app is 4.9.
What is the category of the Musaffa app?
Musaffa Relates To The Finance App Genre.
Which version of the Musaffa app is the latest one?
The newest version of Musaffa is 1.28.0.
What date did the latest update for Musaffa come out?
July 8, 2024 is the date of the latest update of the Musaffa app.
What date did Musaffa come out?
Musaffa officially launched on February 6, 2023.
What age is suitable for the Musaffa app?
{{ name}} is considered child-appropriate and rated Musaffa, LLC.
What languages are available on Musaffa?
The following list of languages is supported by the Musaffa app: English.
Is Musaffa included in the roster of games on Apple Arcade?
No, Musaffa is not on Apple Arcade.
Does Musaffa support in-app purchases?
Yes, Musaffa supports in-app purchases for added functionality.
Does Musaffa provide support for Apple Vision Pro?
No, Musaffa does not provide support for Apple Vision Pro.
Great app, super helpful and easy to use app. Great customer service
May mussaffa be blessed
Great platform for the investors who care about haram and halal . I do not buy a stock until I check it’s halal status with this platform (Musaffa). Ô ALLAH ,LORD OF THE UNIVERSE PLEASE BLESS US WITH MUSSAFFA AND ALL ASSOCIATED WITH ITS INNER WORKINGS. Amine.
Misleading
First, thev claim thev support 120,000 stocks but most of them have "not covered" status. The actual coverage is around 17,000 based on my count. Second, they claim "most comprehensive" yet many compliance reports have limited information. Onlv a few have actual detailed reports with full list of business segments. Lastly, the halal rating is very confusing. What makes something 1-star halal vs 5-star halal? Very strange concept that causes more confusion for Muslims.
Developer Response
Assalamu alaikum! We apologize for any confusion you may have experienced. Musaffa uses the methodology of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) to screen stocks for Shariah compliance. Once a stock is categorized as Shariah-compliant, it is divided into five groups and ranked from 1 to 5 based on its level of compliance. In other words, a rating of 1 means the stock has the lowest degree of Shariah-compliant status, while a rating of 5 means it has the highest. In order to answer your other questions, our app creators and CEO would like to meet with you in person to explain everything in detail. Unfortunately, we do not have a way to contact you directly. Could you please send your concerns to support@musaffa.com? This will allow us to communicate more effectively and provide you with answers to your questions. Thank you.