Intro

For Muslims and ethical-first investors, ensuring investments are Shariah-compliant is a crucial part of building a responsible and values-driven portfolio. At Hyssa, we make it simple to invest in a way that aligns with Islamic principles through a rigorous, transparent, and user-friendly platform. In this article, we’ll explain how Hyssa’s Shariah-compliance process works, how we screen investments, and how we provide ongoing support to ensure your portfolio stays aligned with your values.

A Disciplined Two-Tiered Screening Process

At Hyssa, we apply a two-tiered screening process to ensure every investment meets the highest Shariah-compliance standards. This process is grounded in the guidelines set forth by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions), a leading body for Shariah-compliant standards.

1. Business Screening

The first step in our screening process is business screening. We ensure the company’s core business is halal, meaning it operates in industries that comply with Islamic principles. We exclude companies involved in haram activities such as alcohol, gambling, pornography, and any other activities forbidden in Islamic law.

Moreover, we make sure that the company’s majority revenue comes from halal sources, ensuring that your investment aligns with your ethical and faith-based values. If a company engages in activities that conflict with Shariah principles, it is excluded from our platform.

2. Financial Screening

Once a company passes the business screening, we move on to financial screening. This step ensures that the company’s financial practices comply with Shariah law. Specifically, we evaluate key financial metrics, including:

• Debt levels: We verify that the company’s debt-to-equity ratio stays within Shariah-compliant limits. A company relying heavily on interest-bearing debt (riba) would be considered non-compliant.
• Interest income: Any income generated from interest-based instruments or activities is carefully analyzed. Shariah guidelines prohibit investments that generate income from riba.

By ensuring that the financial structure of each company complies with Islamic finance principles, we can confidently offer Shariah-compliant investments to our users.

How Our Shariah Supervisory Board Oversees Compliance

At Hyssa, we have a dedicated Shariah Supervisory Board that provides oversight and ensures that all of our investment offerings remain in line with Islamic values. Our Shariah Board includes renowned scholars such as:

• Sheikh Dr. Mufti Muhammad Imran Ashraf Usmani
• Mufti Muhammad Abdullah Usmani
• Mufti Abdulmannon Abdulloh
  
  

These experts review our screening processes, approve our investment opportunities, and ensure ongoing compliance. Their guidance ensures that every stock listed on Hyssa is Shariah-compliant, giving you peace of mind as you invest.

Real-Time Shariah Compliance and Automatic Screening

Hyssa takes the guesswork out of Shariah-compliant investing. Our platform features real-time compliance monitoring, automatically screening every stock for Shariah compliance. This continuous oversight ensures that once you invest, your stocks remain aligned with Islamic finance principles.

You won’t need to manually check whether a stock is compliant — our platform does that for you. If any investment falls out of compliance, we provide instant alerts, so you can make informed decisions to maintain a halal portfolio.

Transparency, Purification, and Zakat Tracking

Transparency is a key value at Hyssa. We believe in providing complete clarity on how our investments are screened, and we ensure that all of our processes are fully transparent to our users. You’ll always know how your investments align with Shariah principles.

In addition, we offer tools like automated purification to handle any impure income. If any part of your investment generates income from non-halal sources, we automatically calculate and purify the income by donating it to charity. This makes sure your wealth remains pure and in line with Islamic ethics.

We also provide Zakat tracking, allowing you to effortlessly manage your Zakat obligations in connection with your investments.

Why Hyssa is the Right Choice for Shariah-Compliant Investments

Low Fees & Full Transparency

Our platform is designed with transparency and low fees in mind. Unlike other platforms that might charge hidden fees, we ensure that all costs are clear and upfront. Plus, with Hyssa, you get direct access to global markets with no intermediaries, meaning better prices and faster execution.

A User-Friendly Experience for All Investors

Whether you’re an experienced investor or new to halal investing, Hyssa offers a seamless, user-friendly experience. Our platform is designed to make halal investing easy for everyone. With automatic Shariah-compliant screening, real-time insights, and tools for purification and Zakat tracking, we make it simple to grow your wealth in a way that aligns with your values.

Conclusion

At Hyssa, we’re committed to providing Shariah-compliant investments that are ethical, transparent, and easy to manage. Our two-tiered screening process, Shariah Supervisory Board, and real-time monitoring tools ensure that every investment is in line with Islamic principles.

With Hyssa, you can confidently build a halal portfolio and invest with peace of mind, knowing that your wealth is being built ethically and responsibly. Ready to start your Shariah-compliant investment journey? Explore Hyssa today and take control of your investments.