Zoya: Halal Investing App Reviews

Zoya: Halal Investing App Reviews

Published by on 2023-12-08

About: Discover halal stocks, ETFs, and mutual funds for free. Zoya is a powerful stock
screener that lets you build and monitor your own shariah complaint investment
portfolio with confidence and clarity.


About Zoya


What is Zoya? Zoya is a free app that helps users discover halal stocks, ETFs, and mutual funds. It is a powerful stock screener that allows users to build and monitor their own shariah compliant investment portfolio with confidence and clarity. The app provides instant access to shariah compliance reports for 15,000+ stocks across the US, UK, and Canada, and allows users to evaluate key ESG risks to make socially responsible investment decisions. Zoya also allows users to monitor a watchlist of stocks they are interested in buying and receive email alerts when the compliance status of a stock changes.



         

Features


- Instant access to shariah compliance reports for 15,000+ stocks across the US, UK, and Canada

- Dive into the underlying holdings of more than 2,500 ETFs and mutual funds

- Evaluate key ESG risks to make socially responsible investment decisions

- Monitor a watchlist of stocks you’re interested in buying

- Receive email alerts when the compliance status of a stock changes

- Find shariah-compliant alternatives to non-compliant stocks

- Always up-to-date information through a combination of manual research, sophisticated algorithms, and proprietary datasets from some of the largest financial data providers in the world

- Trusted source for thousands of investors

- Bug reporting and feedback feature for continuous improvement.



Overall User Satisfaction Rating


Positive experience
65.2%

Negative experience
34.8%

Neutral
18.8%

~ from Justuseapp.com NLP analysis of 360 combined software reviews.

Key Benefits of Zoya

- Makes halal investing accessible

- Email updates to notify of non-compliant stocks

- Active community to ask/answer investment related questions

- Joe Bradford is an advisor to Zoya




20 Zoya Reviews

4.7 out of 5

By


Really great app!

Zoya has been extremely useful! I loved the beta version of Zoya and I am so happy that Zoya has finally taken off into an official AppStore app. Zoya finally makes halal investing accessible. I don’t need to be a scholar of finance and I don’t need to constantly monitor companies individually. For the first time, I can access halal stocks and monitor their compliance with ease. Some key features I love about Zoya are the email updates that I receive to notify me that one of my watchlist stocks have become non-compliant. The email was timely, I went into my investment account and I sold the stock as soon as it happened. Another great feature I love about Zoya is that I can see what each company holds in compliant or non-compliant funds to allow me to make my own educated investment.
I am definitely excited to see Zoya continue to grow. I would love, in the future, as Zoya develops to see some new features like reports on spendings and earnings. It would be another great feature to add the option for automatic selling of investments that become non-compliant.
All in all, this is a great research app for anyone looking to make their money work for them and to build a halal, passive income. Invest young and invest often!
More over, the developers are extremely accommodating and answer emails in a timely manner. They are very respectful and I hope the best success for Zoya in the future!


By


Investing made simple

There isn’t much anything like this out there. Most muslim investors I know just invest without following sharia guidelines because not many of us know that much about investing or financials so we just think about whether a company is good or not. We rarely think deeply about how it’s run which is also very important. Zoya helps with the process. It’s definitely the first step I use now and then try to follow it up with my own research and values.


By


Good, some of the stocks MC are outdated

Very good app and love how it gives the breakdown. No issues with the cost of the monthly subscription as $10 a month is a very fair price for all the information they provide. However, about 90% of the stocks market caps are outdated. This makes some of the stocks “non shariah compliant” but when you redo the math with updated market caps they should be halal. Any way to keep the market caps accurate coming in future updates ?


By


Please add more companies and different charts.

Selam Aleykum. I really loved Zoya , but i would really appreciate if there are more companies included in the next updates. I hope to see more Turkish companies.

On the other side, i would like to ask to add more charts for example top halal companies with the highest dividends, top halal companies.

Jazak Allah Khair


By


New investor

this app is the only app I know of to check sharia compliance of stocks, mutual funds and ETF’s. They also have an active community where you can ask/answer investment related questions. Also, Joe Bradford is an advisor to this app and Joe is one of the most knowledgeable Scholars in the US for sharia compliant investing, and other issues of Islamic knowledge.


By


Good

Great app but I feel like it should show us more details in their screening for example I saw a stock that said 100% of revenue is non-complaint interest income 100% for someone who’s just started getting into stock market and just learning difference between halal and haram stock I would really like more details with those screening so I myself can understand as to why it’s non-complaint and not just go with the flow


By


Revolutionizing ethical investing

this app is fantastic and has truly revolutionized halal investing. We use this app to help us make decisions in operating multi-million dollar endowments. I am an avid fan. 💯

This level of insight and transparency into companies not only helps in identifying which stocks are halal but also in understanding the merits of them.

Keep up the good work this app team!


By


MUST have resource

Zoya is absolutely brilliant, easy to navigate, great layout, and very useful features.

It’s really easy to understand for each different stock what does into the compliant/non-complaint. I also especially love the ‘compliant’ alternative option.

Must download for all.


By


Excellent Start

In order to feel confident about using Zoya to make decisions about purchasing stocks, can you please explain/list the criteria and conditions that makes a stock Shariah compliant not just a check mark? You can add this details in separate screen


By


Never write reviews but had to for this

Amazing app. Great work done by those who produced it to bring to the common consumer, basic yet detailed information collected/presented in a user friendly format that allows us to live and profit as modern day consumers whilst maintaing the core principals of our morality in tact.

Amazing app!!!


By


Recommended

Love the concept of Zoya . Simply yet informative. But these days the server a bit buffer and it keeps on glitching. Would appreciate it if you can fixed the issue 😁


By


DOWNLOAD THIS NOW!! It’s THAT GOOD!

Yooo this is app is awesome!! If you really want to purify your investments (from an Islamic perspective) and you’re reading this.. seriously don’t wait just download it and see.

I’m not one to typically write reviews, ever hahah. But this is seriously a killer app. Good job developers!! 📚🚀


By


High useful

I’m extremely illiterate when it comes to stocks and investing. I was always under the impression that these things were haram and there were no halal stocks available. But I’m so glad an app like this exists! Truly godsend.


By


How come it’s Halal for you and not for us

There are hundreds of stocks listed within the apps not compliant with Shariah, I am wondering how come you guys advertising it sort of if it’s Haram or not compliant with Shariah.
In my opinion if it’s haram, it shouldn’t be there at all.


By


Super useful

I appreciate the work that has been put into creating this app. It’s clean, intuitive, and makes do-it-yourself halal investing so much easier. You guys are definitely doing a huge service for the ummah!


By


Terrible service don’t waste your time you will lose money

I ended up selling all of my gme because I saw that it was non shariah compliant on Zoya . But these slackers haven’t updated Zoya for months , gmes market capital has skyrocketed but Zoya that charges $15 a month could not bother to update. Zoya is for profit and for profit only they don’t care about the consumer or the consumers portfolio. Look else where.


By


Doesn’t update in real time

I lost out on a lot of GME gains because app doesn’t update in real time. There should be at least an option to let investors see in real time if a stock is sharia compliant. GME is listed as non sharia compliant because it had over 30% debt ratio, but now it’s way less after market cap changed but app still says non sharia compliant. Only found out when paid for premium. Smh


By


Great Customer service

5 stars for the customer service. I had issues with the free trial but the team was very supportive with fixing the issue
Thank you!


By


Very Helpful App

I felt a bit lost when looking to invest in companies that were shariah compliant. Zoya gives me confidence to make those decisions. Thank you. Allah knows best.


By


Amazing App to find Right Halal Stocks

This is an awesome app to find Shariah Complaint Stocks for a Swing and Long Term. Zoya has been saving my precious time. I recommend everyone who wants to invest their money in Halal Stocks.


By


Definitely a good start

I like that the stocks are separated by groups and there’s a breakdown of each stock in terms of it being halal and haram based on the shariah compliance. It would be nice to have more filters like organizing them in order by prices or how much volume it has etc. Since Zoya just came out I understand that updates will probably come later. Overall I think it’s a good app for those who need help with determining if a stock is halal or not


By


Amazing App

I've been using Zoya since it was in the beta stage. Extremely useful, has data on every stock I needed. Amazing resource for Muslim investors.


By


Top Notch App

For anyone looking to invest and make sure what you invest in is halal, this is Zoya to get. Only app out there that does this!!!!




Is Zoya Safe?


Yes. Zoya: Halal Investing App is very safe to use. This is based on our NLP (Natural language processing) analysis of over 360 User Reviews sourced from the Appstore and the appstore cumulative rating of 4.7/5 . Justuseapp Safety Score for Zoya Is 65.2/100.


Is Zoya Legit?


Yes. Zoya: Halal Investing App is a totally legit app. This conclusion was arrived at by running over 360 Zoya: Halal Investing App User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, Justuseapp Legitimacy Score for Zoya Is 84/100..


Is Zoya: Halal Investing App not working?


Zoya: Halal Investing App works most of the time. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support.



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