Musaffa User Reviews

Musaffa: Halal Stocks & ETFs

Musaffa, LLC

Finance

Top reviews

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Great service, needs iPad support

Great service, 100% recommend for Muslims, but needs iPad support for screen size.

PUEMRE

8 months ago

Super helpful

Great app, super helpful and easy to use app. Great customer service

Aggies partner

8 months ago

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.

Lon student

9 months ago

Greatest ever!!!!

Great app!! I love it a lot

machende90

a year ago

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.

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almusaafir

a year ago

Response from developer

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.

MHD Cmra

It’s prefect

ًmkjjj

a year ago

Great but could use some work.

It’s really good, but some things could be added such as a dark mode, and an email to contact for help on the settings. Other than that it’s excellent.

M R TAN

a year ago

False claims

First, they claim they 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. Only 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 amongst retail investors.

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almusaafir

a year ago