FAQ

Frequently asked questions

What’s unique about you?

We provide you with results from five major standards: AAOIFI, S&P, FTSE, DJIM, and MSCI. 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?

The results may be different because of the different standards adopted by different screeners. We provide you with results based on five major standards: AAOIFI, S&P, FTSE, DJIM, and MSCI. 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 with a reputed Shariah advisory firm that has over 15 years of experience in the field. Read more here.

How often do you update the data?

Once in a quarter at least, if not more. For the most part, most of the standards we adopt are not very volatile, which remove the necessity to frequently update. Frequent changes to compliance requiring ad hoc selling of investments is also not how professionals and institutions invest in the market.

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.