FAQ

Frequently asked questions

What’s unique about you?

We provide you with results from three major standards: AAOIFI, FTSE, and DJIM. These are globally respected standards. Screening with multiple criteria gives you better results as each standard has its own pros and cons. This also helps us provide you with a ranking system on how compliant a stock is. 

Why are some results different?

We provide you with results from three major standards: AAOIFI, FTSE, and DJIM. These are globally respected standards. Screening with multiple criteria gives you better results as each standard has its own pros and cons. This also helps us provide you with a ranking system on how compliant a stock is. 

How reliable are you?

We get data from among the best available sources and our model is built with a number of checks and balances to overcome the limitations of automated screening implemented by other rating agencies. Our updated screener is based on guidance from an expert Shariah advisor who has over 15 years of experience at Islamic banks and financial institutions along with reputed and traditional Islamic learning. Read more here

How often do you update the data?

Once in a quarter at least, if not more. For the most part, FTSE and DJIM standards are not very volatile as FTSE uses assets while DJIM uses a 24-month average of Market cap.

Will you add more countries?

Yes, In sha Allah, we will continue to add more exchanges to our universe. Let us know if you would like to recommend a country to be included earlier than others.