STEP 01
Search a stock
Start with a company or symbol you already have in mind. Search through the market and open a security's page to see its price, chart, company details, and recent activity in one place.
Shariah
Compliant Investing
Enjoy Halal Investing with transparency and peace of mind, from $8.33/mo.
Ethical
Transparent
Shariah Compliant
What is Asal Invest
Invest with clarity.
Research stocks, review Shariah screening information, and track your portfolio in one place, with tools built around the needs of Muslim investors.
Asal Invest brings a stock trading platform and Shariah screening tool together, so you can research companies, review available screening information, and follow your portfolio in one place. Build an investing routine around your values, with context for each decision.
See Shariah screening information alongside each security.
Research, portfolios, and account tools in one place.
Review the criteria behind a security's current status.
Screening information is provided for informational purposes and may change as company information and screening results are updated. Investing involves risk, including possible loss of principal.
Get started
How it works
How does Asal work?
From your first search to placing a trade, the experience keeps the information you need close at hand.
STEP 02
Check its Shariah status
Check if a stock is halal by reviewing its available Shariah screening status and the breakdown behind it. Business activity and financial ratio checks provide context for your research. Screening results can change over time.
STEP 03
Trade when you are ready
Once you have reviewed the company and its screening information, use the Trade action to place an order. You remain in control of the decision, the order details, and when you choose to invest.
Our Methodology
How we evaluate Shariah compliance
All securities made available through Asal Invest are reviewed through a structured screening process designed to assess business activities, financial ratios, and continued eligibility over time.
LEVEL 01
Business Activity Screening
We exclude companies primarily involved in non-permissible activities such as interest-based finance, alcohol, gambling, adult entertainment, pork-related products, tobacco, and other non-compliant industries.
Interest-based financeAlcoholGamblingAdult entertainmentPork-related productsTobacco
Permissible activities continue to financial screening
LEVEL 02
5% MAX
Non-Permissible Income
Revenue from non-permissible sources must not exceed 5% of total revenue.
Non-permissibleTotal revenue
5% ceiling— one of every twenty dollars
LEVEL 03
30% MAX
Interest-Bearing Debt
Interest-bearing debt must not exceed 30% of market capitalization.
30% ceiling
Market capInterest-bearing debt
LEVEL 04
30% MAX
Interest-Based Assets & Securities
Holdings in interest-based assets or securities must not exceed 30% of market capitalization.
12 of 40 — 30% ceilingof market cap
LEVEL 05
Cash & Receivables Considerations
Cash and accounts receivable are evaluated as part of our screening process to support alignment with Shariah principles.
Cash & equivalentsEvaluated
Accounts receivableEvaluated
LEVEL 06
Ongoing Monitoring
Eligible securities are reviewed on an ongoing basis and may be removed if they no longer satisfy our Shariah criteria.
Q1Reviewed
Q2Reviewed
Q3In review
Q4Scheduled
Your subscription
What comes with your Asal subscription?
The tools you need to research, screen, and invest with more context in one place.
Trading platform
Research securities, review market information, and place trades from one account built for a clear investing experience.
Shariah screening tool
See a security's Shariah status and screening breakdown alongside the information you use to research it.
Coming Q4
Automated investing
Build toward a more hands-off investing experience with automated tools planned for Q4.
Get all of this for $8.33 a month.
Get StartedStart investing
Build your portfolio with Asal Invest
Create your account and continue into a Shariah-aligned investing experience built for research, portfolios, and account management.
Get startedSupport
FAQ
Find answers about onboarding, banking, trading, Shariah screening, portfolios, and baskets.
Account & Onboarding
Can I use Asal Invest on the web?
Yes. Asal Invest has a web app for stock research, portfolio tracking, and account management. You can also search for a company name or ticker in the website's Shariah Compliant Tool to review available screening information.
How do I open a brokerage account?
Go to Account, then Open Account, and complete the KYC process. You will verify your identity and provide personal information. Most reviews take 1-2 business days.
Why is my account still pending?
Account reviews usually take 1-2 business days. If it has been longer, contact support and the team can review the status.
How do I update my personal information?
Open My Account, then edit your personal information. Email is locked for security, while name and phone details can be updated.
Banking & Transfers
How do I link my bank account?
Open Banking and choose Link Bank Account. Asal uses Plaid to securely connect your bank and brokerage funding relationship.
How long do deposits take?
ACH deposits typically take 2-5 business days to settle. Status updates appear in Transactions.
Are transfers free?
Asal does not charge a fee for standard ACH deposits or withdrawals. Brokerage, wire, transfer, or other third-party fees may apply where applicable.
Trading & Orders
What order types are supported?
The platform supports common order flows such as market and limit orders, with more controls available during order review.
What are market hours?
U.S. markets are generally open Monday-Friday, 9:30 AM to 4:00 PM Eastern Time, excluding market holidays.
Can I trade fractional shares?
Yes. You can enter a dollar amount and Asal will calculate the fractional share quantity when supported.
Halal & Shariah Compliance
How can I check if a stock is halal?
Search for a company name or ticker in Asal's Shariah Compliant Tool. Open a result to review its available screening status, business activity, and financial ratio information. Screening information can change over time and is not a recommendation to buy or sell.
Does a halal screening status mean a stock is a safe investment?
No. Shariah screening reviews business activity and financial ratios; it does not guarantee investment returns or prevent losses. Screening information is not individualized investment advice. Investing involves risk, including possible loss of principal.
How are stocks screened?
Asal screens stocks based on business activity and financial ratios using the AAOIFI methodology.
What does the halal filter do?
The Halal Filter helps users identify securities within Asal's AAOIFI-screened Shariah-compliant universe. Regardless of the filter setting, securities outside Asal's approved investment universe are not eligible for purchase or transfer into an Asal client account. Non-compliant securities may be displayed for informational purposes, if applicable, but are not eligible for investment through an Asal account.
Portfolios & Baskets
What is a basket?
Asal Baskets are pre-built thematic groupings of Shariah-screened securities provided for general informational purposes. They are not individualized recommendations and may not be appropriate for every investor. Investments involve risk, including possible loss of principal.
Can I customize a basket?
Custom basket building is planned. Current baskets are pre-built thematic groupings.
Disclaimer
Asal Invest LLC is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Registration does not imply a certain level of skill or training. General website content and educational materials are not individualized investment advice. Investment advisory services are provided through the Asal Invest platform to clients who enter into an advisory agreement with Asal Invest. Please review our Form ADV and Form CRS for additional information regarding our advisory services.