Amana Partners with Zoya to Launch Real-Time Sharia-Compliant Asset Labels for Halal Investing

Quick Summary

Amana has partnered with Zoya to launch a real-time halal investing screening system. By integrating a blue crescent moon icon and dedicated categories, the platform allows users to instantly identify Sharia-compliant assets, removing the need for manual financial ratio cross-checking and complex verification processes.

How Does Amana Simplify Halal Investing for MENA Users?

Halal investing has historically been a friction-heavy process requiring investors to manually verify financial ratios against religious standards. Amana solves this by embedding Sharia-compliance indicators directly into its mobile-first interface. Through a partnership with Zoya, the platform now features a blue crescent moon icon that identifies compliant stocks and ETFs in real-time.

• Instant visual cues via the blue crescent moon icon.
• One-tap certification details showing the verifying authority.
• Dedicated discovery tabs for Sharia-only asset categories.

This integration ensures that faith-conscious investors can trade with confidence, knowing that the underlying compliance data is refreshed and reliable. By removing the "guesswork," Amana is positioning itself as the primary gateway for ethical Islamic finance in the digital age.

What Role Does Zoya Technology Play in the Integration?

The backbone of this new feature is Zoya's compliance API, which provides the automated screening necessary for modern trading. Rather than relying on static lists, the real-time screening technology monitors thousands of assets to ensure they meet strict Sharia standards. This is critical for active market participants who need to know if a company's debt levels or revenue sources have shifted into non-compliant territory.

“We built this system to remove the guesswork,” said Muhammad Rasoul, CEO of amana. “Investors and traders deserve clarity, confidence, and the ability to align their decisions with their values. By integrating Sharia-compliance indicators directly into the app, we’re making Sharia-compliant investing and trading simpler than ever.”

What Are the Key Metrics for Amana’s Trading Platform?

Amana continues to scale its regional market presence, catering to a massive user base that demands both high-tech tools and cultural alignment. The platform's zero-fee incentive structure for regional stocks further lowers the barrier to entry for new investors looking to build a Sharia-compliant portfolio.

• 500,000 active users across the Middle East region.
• 6,800+ total assets available for trading and investment.
• 1,200+ MENA stocks included in the zero-fee program.
• $100,000 investment threshold for zero-fee MENA stock trading.

FF NEWS TAKE:

This partnership moves the needle by transforming Sharia compliance from a research hurdle into a seamless UI feature. For the MENA region, halal investing isn't a niche; it's a core market requirement. By automating this via Zoya, Amana effectively removes the "faith tax" of time and effort, likely increasing trade velocity among religious demographics. This is a shrewd competitive move against global brokers who often overlook these localized, high-intent requirements.