If you want to own individual stocks halal in India, you need a screener, because compliance is not static: a company that passes the ratio tests this quarter can fail them the next, and nobody at SEBI is checking. Five platforms serve Indian investors in 2026, and they differ meaningfully on price, governance, methodology and India depth. We verified all five against their own sites on 2026-08-06. Here is the honest comparison.
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The five, in one paragraph each
Islamicly is the incumbent: NSE/BSE coverage with daily compliance updates, a named three-scholar board printed on the homepage (Dr. Mohamed A. Elgari, chairman and AAOIFI standards committee member, with Dr. Muhammad Amin Qattan and Dr. Nazih Hammad), AAOIFI-aligned screening, sell-by cutoff alerts, purification math, zakat tools and 32+ broker integrations. India pricing: Rs 999 for one month, Rs 2,499 for three, Rs 9,999 for a year. It also cross-sells digital gold, a Shariah ULIP and PMS products, which blurs the research-versus-distribution line.
Musaffa is the value pick: its own pricing page lists India as available now, with 4,854 Indian stocks screened and 1,961 rated halal (39.95% of Indian market cap) at our crawl. The free tier gives unlimited halal/doubtful/not-halal status; the Foundation plan at $7.50 a month or $72 a year (about Rs 6,300) unlocks graded C- to A+ ratings, three-year compliance history, purification and zakat calculators. Governance is named: methodology certified by Amanah Advisors, with Mufti Faraz Adam and Shaikh Dr. Aznan Hasan, a sitting AAOIFI Shariah Board member, among advisors. Billing is in dollars, and the platform's centre of gravity is still the US.
IslamicTijarat is the local challenger with the best certification alignment in India: its screening is provided and supervised by TASIS, the same body that screens NSE's official Nifty Shariah indices, so its verdicts should agree with the country's official halal index universe. Mumbai-based, with stock, IPO, gold/silver ETF and mutual fund screeners. Pricing: a free tier including purification and zakat calculators, and Premium at Rs 169 a month, the lowest paid tier in the market. The rough edges are real: template artifacts in the page code at crawl, an FAQ whose generic 30% ratio language is looser than TASIS's actual 25% norm, and no published track record.
Zoya is the methodological purist: AAOIFI-based screening on 40,000+ securities with India among its covered markets per its own FAQ, a dedicated questionable label for gray areas where scholars differ, and compliance reports tied to each company's actual reporting cycle. The free tier covers compliance status; Zoya Pro runs $14.99 a month or $119.99 a year at app-store rates, with flexible web pricing. For Indian users it is stocks-only (its fund and brokerage features are US-centric) and there is no INR billing.
Finispia is the free second opinion: screening across 90+ exchanges against five methodologies at once (Dow Jones, FTSE, S&P, MSCI and AAOIFI), covering ETFs, REITs, funds, sukuk and IPOs as well as stocks. The honest caveats: no named scholars or board anywhere on the site, no certification body, and India coverage implied by the exchange count rather than documented with a list.
Governance: who stands behind the verdict
Ranked by the strength of the published chain: Islamicly prints the heaviest board (Elgari chairs AAOIFI-circuit committees). Musaffa's chain is named and credible (Amanah Advisors, an AAOIFI board member among advisors). IslamicTijarat borrows TASIS's authority, which is uniquely valuable in India because TASIS also defines the official index universe; the app's own operation is young. Zoya describes a working panel of Shariah advisors but does not print names on its public homepage. Finispia names nobody. If governance is your first filter, that is your order.
Methodology: the verdicts will disagree, and that is normal
The apps do not use the same rulebook. TASIS (behind IslamicTijarat) caps interest-based debt at 25% of assets and interest income at 2.5%; AAOIFI-style screens (behind Islamicly, Musaffa and Zoya's default) run 5% impure income and roughly 30% debt ratios, measured against varying denominators such as market cap or assets. Finispia shows you five rulebooks side by side, which is precisely its value: Indian stocks near the thresholds flip status between standards. A practical rule: pick one methodology and stay consistent, because chasing the most permissive verdict defeats the point, and flip-flopping between rulebooks generates churn. If you invest alongside Indian index products or TASIS-screened funds, TASIS alignment (IslamicTijarat) keeps everything consistent; if you also hold US stocks, an AAOIFI-based global app travels better.
Price for an Indian user, annualised
IslamicTijarat Premium: Rs 2,028 a year (Rs 169 monthly). Musaffa Foundation: about Rs 6,300 ($72), with a free-year promotion running at our crawl. Zoya Pro: about Rs 10,500 ($119.99) at app-store rates, less via web checkout. Islamicly: Rs 9,999 a year. Finispia: free. Musaffa and IslamicTijarat also run genuinely useful free tiers; Islamicly's free portfolio report card is a good audit tool even if you subscribe elsewhere. Note the forex wrinkle: Musaffa and Zoya bill in dollars, so add your card's forex markup.
India depth
Only Islamicly and IslamicTijarat are built for India: rupee pricing, NSE/BSE-specific coverage, IPO screening (IslamicTijarat), Indian mutual fund screening (IslamicTijarat), purification tuned to Indian products. Musaffa covers nearly 5,000 Indian stocks with graded depth but serves US users first. Zoya covers Indian stocks but not Indian funds. Finispia's India support is inferred, not documented. None of the five has any SEBI registration or regulatory standing for its compliance labels, which is worth repeating: these are research tools over your own broker account, and in India the certification behind them is entirely private.
Our picks
For TASIS-consistent Indian screening on a budget: IslamicTijarat at Rs 169 a month, paired with awareness of its youth. For the best value with graded global coverage: Musaffa at $72 a year. For board pedigree and the most India-practical alerts (sell-by cutoff dates are genuinely useful): Islamicly, if the premium fits your budget. For intellectual honesty about gray areas, or as a second opinion on any verdict: Zoya. As a free cross-check across five rulebooks: Finispia. Most serious DIY investors end up with one paid primary and one free cross-check. Whichever you choose, the workflow is the same: screen before you buy, watch for compliance-change alerts, exit within the app's cutoff guidance when a holding goes non-compliant, and purify dividends annually. Our dividend purification guide covers that last step. Verified 2026-08-06.
Using any screener well: the workflow
The tool matters less than the routine. Before buying: check the verdict, and if your app grades (Musaffa's C- to A+), prefer comfortable passes over threshold-scrapers, because boundary stocks flip status with one leveraged quarter. After buying: enable alerts, because compliance is a subscription, not a stamp; when a holding goes non-compliant, the honest apps give exit windows (Islamicly prints sell-by cutoff dates), and the discipline of acting on them is what separates screened investing from screened-once investing. Quarterly: re-sync your portfolio import so the app sees what you actually hold. Annually: run the purification calculation across the year's dividends and donate the result, per our purification guide, and audit your screener itself: is the board still published, the methodology page still current, the pricing still what you signed up for? The apps screen companies; nobody screens the apps except their users.
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Frequently asked questions
Why do apps disagree on the same stock? Different thresholds (TASIS's 25% debt cap versus AAOIFI-style 30%), different denominators (total assets versus market capitalisation, which moves with price), different data timing. Disagreement clusters at the boundaries and is information: a stock every standard passes is a comfortable hold; a stock only the loosest standard passes is a choice you should make consciously. Which single app should a beginner pick? For India-only portfolios, IslamicTijarat's free tier is the zero-cost start and its Rs 169 Premium the budget primary; add Musaffa's free tier as the cross-check. Are the verdicts fatwas? No. They are research applying published methodologies under scholarly supervision of varying depth, with no regulatory standing in India. For personal rulings on your specific situation, consult a scholar; for portfolio hygiene at scale, the apps are the practical instrument, and using one consistently beats using none while you wait for perfect certainty. Do I need a screener if I only hold funds and the ETF? Not for compliance (the fund's certifier or index does that work), but the free purification calculators several apps include remain useful, and the portfolio report cards catch the non-compliant stray positions most portfolios accumulate. Verified 2026-08-06.