Pre-seed
$2.87M
Raised
2 billion Muslims on the planet to access the financial markets!
Invest Now
Invest in Musaffa:
US-based Islamic Fintech Company
Price Per Share:
$1.00
Min. Investment:
$500.00
Price Per Share:
$1.00
Min. Investment:
$500.00
Top Reasons to Invest in Musaffa
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1
#1 Halal Stock and ETF Screener & Investment Research app in the world
One of the most downloaded (850K+) and reviewed apps in Islamic Finance*
397K+ Active Users | 180+ Countries | 4.7 App Rating
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2
The Market is Huge!
The Serviceable Obtainable Market is approximately 400 Million Muslims* Capturing just 0.5% of this could mean potentially 2 Million paying customers, InshaAllah!
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3
Google Cloud Accelerates Musaffa's Global Scalability
Google Cloud has chosen Musaffa to join its Google for Startups Program and has awarded $200K in credits to accelerate Musaffa's growth!
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4
Raised Investments from 100+ Investors Globally
Musaffa has raised over $2.6 million in funding from accredited and unaccredited investors across 24 countries.
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5
We invested ourselves with solid commitment
The founders invested over $250,000 to start Musaffa, and senior team members also hold ownership stakes. This aligns the interests of investors and management.
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%*
Stellar executive management and a passionate team
The leadership team consists of individuals with extensive experience in working for and leading 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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Shortage of education on Islamic finance and halal investment options despite huge global interest
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Muslims are not allowed to invest in non-Shariah-compliant financial instruments, such as derivatives (such as options, forwards, futures, and swaps), bonds, and a majority of stocks and ETFs
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No easy way exists for Muslims to screen, research, and invest in Shariah-compliant stocks & ETFs globally
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
2020
Musaffa’s story begins in NYC with 3 passionate founders
2021
Launched Web Platform with 12 Countries Covered New Office in Tashkent
2022
Launched Mobile Apps with 50,000+ Stocks Covered
2022
72K+ Users Globally 6 B2B Partnerships
2023
New Office in New York Launched world's first Shariah-compliant ETF Screener
2023
314K+ Users Globally The team expanded to 50+ members
2024
New Offices in Dubai & Tashkent Portfolio Integration & Purification with 15 Brokerages
Musaffa’s Growth
Company History
From 2020 to 2024
2020
Musaffa’s story begins in NYC with 3 passionate founders
2021
•Launched Web Platform with 12 Countries Covered •New Office in Tashkent
2022
Launched Mobile Apps with 50,000+ Stocks Covered
2022
•72K+ Users Globally •6 B2B Partnerships
2023
•New Office in New York •Launched world's first Shariah-compliant ETF Screener
2023
•314K+ Users Globally •The team expanded to 50+ members
2024
•New Offices in Dubai & Tashkent •Portfolio Integration & Purification with 15 Brokerages
Why should you invest?
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Frequently Asked Questions
Regulation CF allows investors to invest in startups and early-growth companies. This is different from helping a company raise money on Kickstarter; with Regulation CF Offerings, you aren’t buying products or merchandise - you are buying a piece of a company and helping it grow.
Accredited investors can invest as much as they want. But if you are NOT an accredited investor, your investment limit depends on either your annual income or net worth, whichever is greater. If the number is less than $124,000, you can only invest 5% of it. If both are greater than $124,000 then your investment limit is 10%.
To calculate your net worth, just add up all of your assets and subtract all of your liabilities (excluding the value of the person’s primary residence). The resulting sum is your net worth.
We cannot give tax advice, and we encourage you to talk with your accountant or tax advisor before making an investment.
Individuals over 18 years of age can invest.
There will always be some risk involved when investing in a startup or small business. And the earlier you get in the more risk that is usually present. If a young company goes out of business, your ownership interest could lose all value. You may have limited voting power to direct the company due to dilution over time. You may also have to wait about five to seven years (if ever) for an exit via acquisition, IPO, etc. Because early-stage companies are still in the process of perfecting their products, services, and business model, nothing is guaranteed. That’s why startups should only be part of a more balanced, overall investment portfolio.
The Common Stock (the "Shares") of Musaffa, Inc ("Musaffa") are not publicly-traded. As a result, the Shares cannot be easily traded or sold. As an investor in a private company, you typically look to receive a return on your investment under the following scenarios:
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.
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.
Shares sold via Regulation Crowdfunding offerings have a one-year lockup period before those shares can be sold under certain conditions.
In the event of death, divorce, or similar circumstance, shares can be transferred to:
- 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)
If Musaffa does not reach their minimum funding target, all funds will be returned to the investors after the close of the offering.
All available disclosure information can be found on the offering pages for our Regulation Crowdfunding offering.
You can cancel your investment at any time, for any reason, until 48 hours prior to a closing occurring. If you’ve already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To submit a request to cancel your investment please email: investors@musaffa.com
At a minimum, Musaffa will be filing with the SEC and posting on it’s website an annual report, along with certified financial statements. Those should be available 120 days after the fiscal year end. If Musaffa meets a reporting exception, or eventually has to file more reported information to the SEC, the reporting described above may end. If these reports end, you may not continually have current financial information about Musaffa.
Once an offering ends, Musaffa may continue its relationship with DealMaker Securities for additional offerings in the future. DealMaker Securities’ affiliates may also provide ongoing services to Musaffa. There is no guarantee any services will continue after the offering ends.