Musaffa on DealMaker

Raise closed, search for fresh raises on Seedstage

New York, NY

Providing a platform for Shariah-compliant investment solutions to empower the Muslim community.

  • Mission: Empowering the global Muslim community by providing accessible, Shariah-compliant investment solutions and promoting financial literacy in Islamic finance.  
  • Innovation: Offering a comprehensive platform with Halal stock and ETF screeners, investment research tools, and educational resources to facilitate informed investing.  
  • Market Opportunity: Addressing the financial needs of approximately 400 million Muslims worldwide who are excluded from traditional financial markets due to religious restrictions.  
  • Strategic Growth: Backed by key partnerships, including selection for the Google for Startups Program, and a team of finance and technology professionals driving innovation in Islamic fintech.  
  • Funding Uses: Aimed at expanding platform capabilities and reaching a wider audience, enhancing financial well-being within the Muslim community while fostering a more inclusive financial ecosystem.

Musaffa is an innovative Islamic fintech company that aims to bridge the gap between Islamic finance and modern investment practices. With a focus on providing accessible, Shariah-compliant investment solutions, Musaffa has developed a comprehensive platform that includes a Halal stock and ETF screener, investment research tools, and a community for financial education.

The company addresses a significant need within the global Muslim community, which consists of approximately 400 million individuals who are often excluded from traditional financial markets due to religious restrictions. By offering a suite of services that promote financial literacy and facilitate investment in Halal options, Musaffa empowers users to make informed decisions and manage their portfolios effectively.

The company’s growth trajectory is supported by strategic partnerships, including its selection for the Google for Startups Program, and a dedicated team of experienced professionals in finance and technology. Musaffa’s mission is to create a global investment platform tailored specifically for Muslims, fostering a deeper understanding of Islamic finance while ensuring compliance with Shariah principles.

This fundraising effort is aimed at expanding Musaffa’s capabilities and reach, ultimately enhancing the financial well-being of its users and contributing to a more inclusive financial ecosystem.

Company Info

Musaffa is a platform providing Shariah-compliant investment research and tools for Muslim investors.

Musaffa is a financial platform focused on providing Shariah-compliant investment research and tools for Muslim investors. It offers various features such as stock and ETF screeners that filter investments based on Shariah compliance, a purification calculator for managing non-compliant earnings, and a Zakat calculator to assist users in fulfilling their religious obligations. The platform has garnered a significant user base, with over 458,000 investors from 195 countries. Musaffa aims to empower its users by providing essential financial knowledge and innovative products to facilitate informed investment decisions in halal financial markets. The company has expanded its services and partnerships over the years, establishing itself as a key player in the Islamic fintech space.

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