View details of this raise on Seedstage

New York, NY

Developing a global halal trading platform for Shariah-compliant investing.

• Global Halal Trading Platform: Musaffa offers a platform for screening and researching halal stocks and ETFs globally.
• Educational Resources: Musaffa Academy provides education on Islamic finance and halal investing.
• Real-Time Compliance Monitoring: Users can monitor the Shariah compliance of their investments in real time.
• Investment Purification: The platform allows for the purification of investments by donating non-halal profits.
• Shariah Advisory: Musaffa’s operations are monitored by a Shariah board to ensure compliance with Islamic standards.

Musaffa is raising funds to expand its global halal trading platform, which serves the Muslim community and the ethical finance segment. The company aims to enhance its offerings by developing managed halal portfolios and proprietary halal ETFs. Musaffa’s platform allows users to screen and research halal stocks and ETFs, providing a comprehensive solution for Shariah-compliant investing.

The company addresses the challenges faced by Muslims in accessing halal investment options due to limited education and fragmented platforms. By offering educational resources through Musaffa Academy and a community for discussion, Musaffa empowers users to make informed financial decisions. The platform also includes features for portfolio monitoring, real-time compliance alerts, and purification of investments, ensuring adherence to Shariah standards.

Company Info

Musaffa provides a global platform for halal investing, offering tools for screening, research, and trading in compliance with Shariah principles.

Musaffa is a fintech company that provides a comprehensive platform for halal investing and financial intelligence, specifically catering to the global Muslim community. The platform offers a range of services including a halal stocks and ETFs screener, investment research tools, and a halal trading platform. Users can link their existing portfolios to monitor Shariah compliance in real-time and receive smart notifications for informed decision-making.

The company also emphasizes education through Musaffa Academy, which aims to increase knowledge of Islamic finance and halal investing. Additionally, Musaffa offers a purification service to ensure investments remain Shariah-compliant by donating non-halal profits. With offices in New York, Dubai, and Tashkent, Musaffa is positioned as a leader in ethical finance, supported by a team of seasoned professionals and Shariah advisors who ensure adherence to Islamic financial standards.