Sahih Invest: Sharia-compliant Stock Screening App

Sahih Invest is a free Android app developed by Sahih Systems Ltd, designed to help Muslim investors in finding Sharia-compliant stocks around the world. The app offers the Sharia compliance status of more than 500 stocks, with a screening methodology based on AAOIFI and DFM standards.

The app has a qualified analyst team that manually analyzes financial reports of companies on a quarterly basis under the control of AAOIFI certified Shariah experts. This ensures that the stocks listed in the app are truly Sharia-compliant. The app is constantly updated with new companies and has been approved by the Ulema Council of the Spiritual Administration of Muslims of the Republic of Tatarstan.

In addition to the stock screening feature, the app also provides investing articles that explain the methodology used in the analysis and offer guidance to Muslim investors. The manual analysis is necessary as automated analysis, which is widely used by some similar apps, often gives errors due to notes and attachments in financial reports that are not picked up by data sources for automated analysis.

Overall, Sahih Invest is an excellent tool for Muslim investors looking for Sharia-compliant stocks to invest in and provides valuable information and guidance to help them make informed investment decisions.