Free tool
Halal ETF builder
Choose a fund and a Shariah standard, and see the half of its basket that passes — every permissible holding, what it weighs in the fund today, and what it would weigh with the rest removed. Nothing is saved: the result is rebuilt from live screening data each time you run it.
How a fund is screened
A fund has no business activity and no balance sheet of its own, so it cannot be screened the way a company is. It is screened as a weighted roll-up: every constituent is screened against the standard, then the impermissible weight is added up and tested against a limit. This tool runs the first half of that and shows you the result — which holdings cleared, and what they weigh.
Two figures qualify every answer. The first is how much of the basket we can see: a fund where we can resolve 97% of the weight to screened companies is a stronger statement than one where we can resolve 70%, and the figure is shown beside the result rather than in a footnote. The second is the standard you chose, because the 5 recognised rulebooks apply different thresholds to different denominators and reach different answers about the same basket — 35 of the funds we publish are a direct contradiction between two of them.
The 5 standards you can screen against
- AAOIFI (fund screen)
- Dow Jones Islamic Market
- FTSE Shariah
- MSCI Islamic
- S&P Shariah
Why the result is not saved
A company's verdict moves. Two of the four AAOIFI tests divide by market capitalisation, so a company whose share price falls far enough can breach a limit without issuing a dollar of new debt — the debt stayed the same size and the company shrank underneath it. Fund baskets are republished on their own schedules, so the share we can see drifts too.
A stored “halal version” would therefore be a list of verdicts that quietly stopped being true, and nothing on the page could tell you which rows had moved. Rebuilding it on demand is slower and correct.
Funds people screen most
Each links to that fund's own page, which shows all 5 verdicts side by side with the share of the basket behind them.
Common questions
What does this tool do?
It takes a fund you choose, screens every holding in its basket against the Shariah standard you choose, and shows you the holdings that pass — with the weight each carries in the original fund and the weight it would carry if the rest were removed and the remainder rescaled. It is the fund's permissible half, listed in full.
Is the result saved anywhere?
No, and that is deliberate rather than a limitation. The result exists while the page is open and is rebuilt from live data each time you run it. A saved halal version would be a list of verdicts frozen on the day it was written, and a stale permissible verdict cannot be told apart from a true one — which is the one failure this kind of tool must not have.
Why do I need an account?
A free one, with no card. Screening a basket means screening every company in it, and the largest baskets run to five figures, so each conversion is real work rather than a page view. The free tier covers it — 10 calls a day on the compliance endpoint, and three fund conversions a day.
Which standard should I pick?
All 5 are offered because they genuinely disagree: 35 of the funds we publish are called permissible by at least one and impermissible by another. Pick the one you or your scholars follow. The default is our own fund screen, a portfolio-weight test derived from AAOIFI.
Why are the removed holdings not listed?
The tool shows you a fund's permissible holdings. It does not publish a per-company impermissibility list for a named, marketed product — that is a different thing, and the counts and weights tell you how much was taken out without it. Individual company verdicts are available through the API.
Why does it say some holdings are 'not rated'?
Because no verdict exists for them under the standard you picked — the company may be outside our screened universe, or the line may not resolve to a company at all. A holding with no verdict is not a permissible holding, so it is removed and counted separately from the ones that actively failed.
Can I use this as investment advice?
No. It reports what a published screening methodology produces when applied to a fund's disclosed holdings. It does not tell anyone what to buy, it does not issue a religious ruling, and a filtered list of holdings is not a fund you can purchase.
Keep reading
Why a fund needs a different screen from a company, and what coverage means.
Every halal ETF and halal index fund we screen, with its verdict under all five standards.
Basket coverage decides what a fund verdict is worth, and it drifts without anyone trading.
Query the screening engine from Claude, ChatGPT or Cursor without writing a client.
Making shariah compliance checkable rather than taken on trust.
Screen funds inside your own product
This tool runs on the Akinda API. The same five-standard screening for every stock and fund we cover is available to build on.