Verified Sheikh Joe Bradford & Sheikh Umer Khan
Zoya Finance
4.6
Fair Meridian editorial scoreNew York-based halal stock screener app founded in 2019. Screens 12,000+ US, UK, and Canadian stocks using AAOIFI methodology. Over $1 billion in assets tracked by Zoya users. Includes Zakat calculator and brokerage integration for commission-free halal investing.
Reviewed by Fair Meridian: February 2026
Profit Rate
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States Served
All 50 States
Overall Rating
4.6/5
About Zoya Finance
Zoya Finance is a fintech company founded in 2019 by Saad Malik and Bilal Quadri (under Investroo Inc.) that has become one of the most widely used halal investing apps for Muslim Americans. Zoya allows self-directed investors to screen individual stocks and ETFs for Sharia compliance using AAOIFI methodology, taking the guesswork out of halal investing.
Zoya screens approximately 12,000 US, UK, and Canadian stocks using a framework based on AAOIFI standards, guided by recognized Shariah scholars Sheikh Joe Bradford and Sheikh Umer Khan. Each stock receives a clear compliance rating—compliant, non-compliant, or questionable—based on business activity screening (excluding prohibited industries) and financial ratio screening (limiting exposure to interest-bearing debt and non-permissible revenue).
Beyond screening, Zoya provides a full halal investing toolkit: a built-in Zakat & Purification calculator for determining Zakat and non-compliant income obligations on stock holdings, compliance change alerts when a stock's Sharia status changes, halal alternatives for non-compliant holdings, and an integrated brokerage account allowing commission-free stock trading directly within the app.
As of 2026, Zoya users are collectively tracking over $1 billion in assets through the platform, reflecting its rapid adoption across the global Muslim investing community.
Founded2019 (7 years in business)
Sharia CertificationSheikh Joe Bradford & Sheikh Umer Khan
Certified Since2019
HeadquartersNew York, NY
Fair Meridian Analysis
Zoya Finance has addressed the most persistent pain point in halal investing: the difficulty of quickly and reliably determining whether a specific stock is Sharia-compliant.
The stock-by-stock screening problem: Before tools like Zoya, Muslim investors who wanted to build their own halal stock portfolios had to either hire a Sharia advisor, manually research each company's financial ratios and revenue sources, or simply avoid individual stock investing altogether. Zoya automates this process, making it possible for any Muslim investor with a smartphone to check a stock's compliance in seconds.
The AAOIFI methodology transparency: Zoya publishes its screening methodology and shows the specific financial ratios that determine a stock's compliance status. This transparency allows investors to understand why a stock passed or failed, not just see a binary yes/no result. For investors who want to apply their own judgment, the underlying financial data is fully visible.
The $1B milestone: Zoya users are now collectively tracking over $1 billion in assets through the platform — a remarkable milestone that reflects genuine demand for accessible halal stock screening among retail investors.
Who is Zoya best for? Zoya is best for self-directed Muslim investors who want to build their own halal stock portfolio, investors who want to verify the Sharia status of specific stocks before buying, and investors who want integrated Zakat and income purification calculators for their holdings.
Analysis updated: February 2026
Products & Financing Structures
investinginvesting
Halal Stock Screener (Free)
Free basic halal stock screening for 12,000+ US, UK, and Canadian stocks using AAOIFI-aligned methodology. Gives basic compliance status ratings. Available on iOS and Android.
Profit Rate: Contact for rates
Zoya Pro
Premium subscription ($14.99/mo or $119.99/yr) unlocking full compliance breakdowns, email alerts on status changes, halal alternative suggestions, ETF screening, portfolio monitoring, and Zakat/purification calculators.
Profit Rate: Contact for rates
Sharia Compliance: All products are structured to avoid Riba (interest), Gharar (excessive uncertainty), and Maysir (speculation) in accordance with Islamic jurisprudence.
Serves All 50 US States
Zoya Finance is licensed in all 50 US states. See local provider options and state-specific regulations for the most active Islamic finance markets:
Independent Rating Breakdown
Overall Score
4.6
Sharia Compliance
4.5
Transparency
4.8
Customer Service
4.4
Rate Competitiveness
4.9
✅ Highly Recommended
Zoya Finance scores highly on Sharia compliance verification and product transparency. Independently verified by the Fair Meridian team.
Ratings based on Fair Meridian's independent review process. Not influenced by advertising or provider payments.
Expert Verdict
Zoya Finance is our top recommendation for self-directed Muslim investors who want to screen individual stocks for Sharia compliance. Its AAOIFI-aligned methodology, 12,000+ stock coverage, Zakat and purification tools, compliance alerts, and brokerage integration make it the premier halal stock screening platform available in 2026.
Verdict issued: February 2026
Sharia Advisory Board
Sheikh Joe Bradford
Shariah Advisor
American Islamic scholar, Master of Islamic Law (University of Medina), and Certified Shariah Adviser and Auditor (CSAA) accredited by AAOIFI. Former VP and Senior Shariah Consultant for AlRajhi Bank.
Sheikh Umer Khan
Shariah Advisor
Islamic scholar with a Shahādah al-'Ālimiyyah degree and Iftā' license. Holds a Master's in Finance from Wharton (UPenn) and a Master's in Islamic Finance.
Frequently Asked Questions — Zoya Finance
Zoya Finance is a halal stock screening app founded in 2019 that screens individual stocks and ETFs for Sharia compliance. It covers approximately 12,000 US, UK, and Canadian stocks using AAOIFI-aligned methodology. Each stock receives a compliance rating based on business activity and financial ratio screening. Zoya users collectively track over $1 billion in assets through the app.
Zoya offers a free tier that allows basic halal stock compliance searches for thousands of stocks. The Zoya Pro subscription ($14.99/month or $119.99/year) unlocks full financial ratio breakdowns, email alerts when a holding's Sharia status changes, halal alternative suggestions, ETF screening, portfolio tracking, and Zakat/purification calculators.
Zoya uses AAOIFI-based methodology guided by Shariah scholars Sheikh Joe Bradford and Sheikh Umer Khan. Business activity screening excludes companies involved in alcohol, tobacco, gambling, conventional banking/interest, weapons, and pork. Financial ratio screening checks debt levels, interest income as a percentage of revenue, and cash holdings against AAOIFI thresholds.
Yes. Zoya includes a built-in Zakat and income purification calculator for investment portfolios. Because public companies hold varying ratios of cash, receivables, and non-zakatable assets, Zoya analyzes each underlying company in your portfolio to calculate exact Zakat and non-compliant income purification amounts.
Yes. Zoya offers integrated brokerage capabilities that allow self-directed trading directly within the app. You can research a stock's Sharia compliance and purchase it seamlessly without having to switch to a separate brokerage application.
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