#2 Islamic Fintech Company in the USA
Are you an accredited investor?
Hear Our Vision: Why Invest in Musaffa
Are you an accredited investor?
Musaffa Highlights
to screen and research halal stocks & ETFs in the world.
#1 Website* to screen and research halal stocks & ETFs in the world.
Rating from 5000+ reviews
4.8 average rating from 5000+ reviews. This shows the trust of our global user base.
users from 195 countries (360% annualized growth)
Goal is to reach
40M+ users
460,000+ registered users from 195 countries (100% global coverage), with a goal of reaching 40M+ users
Mobile app downloads (iOS and Android)
956,000+ total app downloads from which 450,000+ are within the last 1 year itself!
Visits to the platform in the last six months
2 Million+ visits to the platform in the last six months alone showing increasing interest and growth
in Linked Assets, Grew from $83K in 9 Months
Monitoring from 2,328+ users across 22 currencies
Founders invested themselves
The founders invested over $250,000 to start Musaffa, and senior team members also hold ownership stakes in the company.
Projected Exponential Growth
For over two years, we developed Shariah-compliant proprietary financial software before starting to monetize our products. In the last three months, we've gained over two thousand paying customers, with Musaffa's forecasted compounded monthly growth rate (CMGR) for 2024 at 68%*
What our users say...
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Wael Shoukry
India
I am truly grateful for the effort you put into this app. I've been trying hard to find a way to ensure my portfolio is halal but found it so hard that I was about to exit the stock market out of confusion. Until I found your website, app, and academy. I am now filtering my portfolio and have found a few non halal stocks which I'm happy to discard. One of the best things about your service is you explain WHY it is/isn't. Jazakum Allah Khairan for every halal cent I make! 🙏
26 March 2023 -
Ibrahim Yildiz
Netherlands
Professional and dedicated team! I have experienced some technical issues with the app where some of my stocks were not visible in my portfolio. Something to do with a specific exchange (TDG) they were bought from. The team took my note serious and within a few weeks they solved the problem. Fantastic. Other than that, very useful and convenient app.
4 July 2024 -
Mohammed Afroz Afroz
Hyderabad, India
This Side Mohammed Afroz From Hyderabad, India “Musaffa" has quickly become one of my favorite apps, thanks to its sleek design and powerful features. The app’s versatility allows me to stay organized, informed, and connected, all from the convenience of my mobile device. I appreciate the attention to detail and dedication to user satisfaction that the developers have put into Musaffa. It’s truly a game-changer and a must-have app for anyone looking to improve their overall digital experience.
30 May 2024
TEAM
EXECUTIVE LEADERSHIP
Our leadership team is composed of seasoned professionals with extensive backgrounds in top financial technology firms across the United States, UAE, and Canada.
Co-founder & CEO
Co-founder & COO
Co-founder & CTO
Chief Legal Officer (CLO)
55+ Tech & finance professionals with combined work experience of 150+ years
Dilshod Jumaniyazov and Warren Buffett,
Omaha, Nebraska 2011
As the co-founder and president of the University of Tennessee Investment Group, Dilshod had the honour of meeting Warren Buffett. After a meaningful discussion, Buffett's insights further inspired Dilshod to advance his vision of creating a global investment platform tailored for Muslims.
What is Musaffa Solving?
Problems
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Lack of Education: A shortage of education on Islamic finance makes it difficult for Muslims to screen and invest in Shariah-compliant options globally.
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Barriers to Halal Investing: Of $411 trillion in global assets, only 7% are Shariah-compliant, leaving a $30 trillion market untapped. Over 400 million Muslims face access issues due to fragmented platforms and limited education.
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Restricted Investment Options: Muslims cannot invest in non-Shariah-compliant products like derivatives, bonds, and most stocks/ETFs, limiting their opportunities.
Our Solution
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1
LEARN: Increasing Islamic Finance knowledge
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2
SCREEN: Finding Halal Stocks & ETFs globally
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3
RESEARCH: Performing Fundamental Research
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4
INVEST: Investing in Halal Stocks & ETFs
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5
PURIFY: Investing Cleanly - Exiting Cleanly
Product
LEARN: Increasing Islamic Finance knowledge
Musaffa Academy
Learn financial concepts and terms on this financial education platform, from basic Islamic and traditional finance to advanced investment strategies, and make informed and educated financial decisions.
Musaffa Community
Discuss finance, halal investing, and personal financial management online. Seek advice, share knowledge, and stay informed about market trends.
SCREEN: Finding Halal Stocks & ETFs globally
Halal Stocks and ETFs Screener
Screen over 120,000 stocks and 9,000 ETFs globally to find Shariah-compliant stocks and ETFs. Currently, our users can enjoy screening over 80,000 stocks and 3,000 ETFs.
Halal Stocks Collections
Quickly screen and find the trending halal stocks, including stock bucket collections such as Halal top gainers, top losers, 52-week low, 52-week high, most active, and most popular stocks.
RESEARCH: Performing Fundamental Research
Investment Research
Conduct fundamental research to understand the risks and returns associated with potential investments comprehensively. Analyze company and market data to enable well-informed decisions, leading to the identification of profitable stocks.
Investment Checklist
Make well-informed decisions by assessing risk, financial health, business aspects, management, dividends, valuation, market conditions, liquidity, and portfolio alignment, with a focus on achieving long-term goals.
INVEST: Investing in Halal Stocks & ETFs
Seamless Portfolio Monitoring
Link portfolios from current brokerages to the Musaffa platform/apps and monitor the Shariah compliance of investments in real time.
Halal Trading Platform
Invest only in halal stocks and ETFs locally and internationally by opening a brokerage account directly on the Musaffa platform.
Customized Portfolios
Build customized portfolios to align with personal goals, manage risk effectively, maximize returns, adapt to market conditions, and address religious considerations.
Smart Notifications
Receive real-time alerts on Shariah compliance of investments, market events, price movements, portfolio adjustments, news, analysis, dividends. This facilitates managing risks and making informed investment decisions.
PURIFY: Investing Cleanly - Exiting Cleanly
Purification
Purify your investments by donating the non-halal portion of profits from profitable investments, ensuring continuous Shariah compliance of your investments.
Zakat Platform
Accurately calculate and pay Zakat to support charitable causes, achieve spiritual purification, support the community, foster solidarity among Muslims, and, most importantly, fulfill a religious duty.
Our Shariah Advisors
Shaikh Dr. Aznan Hasan
MALAYSIAShariah Board member of Accounting and Auditing Organization for Islamic Financial Institutions (“AAOIFI”).
Mufti Faraz Adam
UNITED KINGDOMWell-known UK-based Islamic Finance consultant and head of the global Shariah advisory firm Amanah Advisors.
Our Shariah board members continuously monitor our operations, systems, and technologies to ascertain that we are completely adhering to Shariah standards.
Offices Globally
New York, USA
One World Trade Center,
285 Fulton St, Suite 8500,
New York, NY 10007, USA
Dubai, UAE
Office 1802, Lake Central Tower, Business Bay, Dubai, UAE
Tashkent, Uzbekistan
1A, Mahtumquli street, 13th Floor, Yashnobod District, Tashkent city, Uzbekistan
Musaffa’s Growth
Company History
From 2020 to 2024
Musaffa’s story begins in NYC with 3 passionate founders
Launched Web Platform with 12 Countries Covered New Office in Tashkent
Launched Mobile Apps with 50,000+ Stocks Covered
72K+ Users Globally 6 B2B Partnerships
New Office in New York Launched world's first Shariah-compliant ETF Screener
314K+ Users Globally The team expanded to 50+ members
New Offices in Dubai & Tashkent Portfolio Integration & Purification with 15 Brokerages
Musaffa’s Growth
Company History
From 2020 to 2024
Musaffa’s story begins in NYC with 3 passionate founders
•Launched Web Platform with 12 Countries Covered •New Office in Tashkent
Launched Mobile Apps with 50,000+ Stocks Covered
•72K+ Users Globally •6 B2B Partnerships
•New Office in New York •Launched world's first Shariah-compliant ETF Screener
•314K+ Users Globally •The team expanded to 50+ members
•New Offices in Dubai & Tashkent •Portfolio Integration & Purification with 15 Brokerages
Download our pitch deck.
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Events
November 6th, 2024
Join Our Live Q&A Session - Your Last Chance to Invest!
Don't miss this exclusive opportunity to get all your questions answered before the campaign closes. In this final push, we'll showcase our progress, highlight key achievements, and emphasize why now is the time to invest.
Wednesday, November 6th, 2024, at 9:30 AM EST
Zoom
This is your chance to hear directly from the team and make the most of the limited time remaining to be part of Musaffa's journey.
Frequently Asked Questions
Musaffa gets acquired by another company.
Musaffa goes public (makes an initial public offering).
In those instances, you receive your pro-rata share of the distributions that occur, in the case of acquisition, or you can sell your shares on an exchange. These are both considered long-term exits, taking approximately 5-10 years (and often longer) to see the possibility for an exit. It can sometimes take years to build companies. Sometimes there will not be any return, as a result of business failure.
- The company that issued the securities
- An accredited investor
- A family member (child, stepchild, grandchild, parent, stepparent, grandparent, spouse or equivalent, sibling, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships)
Note: Musaffa's minimum funding target under this crowdfunding campaign is $10,000, which we already met.