amana, a leading neo-broker in the MENA region, has launched an integrated Sharia-compliance screening system to streamline halal investing for its users. In a new partnership with faith-based finance software company Zoya, amana has embedded a tool directly into its app to help investors instantly identify and verify Sharia-compliant assets.
Quick Facts
- New in-app Sharia screening system launched.
- Powered by a partnership with Zoya.
- Blue crescent icon instantly marks halal assets.
- Dedicated category for Sharia-compliant stocks.
Removing the Guesswork from Halal Investing
For many faith-conscious investors in the region, identifying halal assets has often involved a fragmented process of using multiple tools, manually checking financial ratios, and verifying compliance standards. amana’s new feature aims to eliminate this friction by embedding Zoya’s certified screening technology directly into its trading platform.
The system introduces a blue crescent moon icon next to assets that meet Sharia standards, allowing users to build a halal portfolio with greater confidence and less manual effort.
“We built this system to remove the guesswork,” said Muhammad Rasoul, CEO of amana. “Investors and traders deserve clarity, confidence, and the ability to align their decisions with their values. By integrating Sharia-compliance indicators directly into the app, we’re making Sharia-compliant investing and trading simpler than ever.”
How the Zoya Integration Works
The feature is designed for ease of use within the amana trading app. When users see the blue crescent icon, a single tap reveals full certification details, including the specific verifying authority.
To further simplify discovery, amana has added a dedicated “Sharia-only” category to its ‘Search’ and ‘For You’ tabs. This allows investors to browse a curated list of compliant assets without needing to vet each one individually. The real-time screening is powered by Zoya’s API, ensuring the compliance data remains current.
About amana
With more than 500,000 users across the Middle East, amana’s trading app offers access to over 6,800 assets, including more than 1,200 MENA stocks, U.S. equities, metals, ETFs, and crypto. The platform offers zero fees on MENA stocks for the first USD 100,000 invested.
About Zoya
Zoya creates software to help Muslims align their faith with their finances. The company’s mission is to bridge Islamic values and modern finance, empowering Muslims to take control of their financial futures.
Source: meatechwatch
