ENVESTMENTHalal Money Grows Too

RESEARCH DESK

Everything you need to start, verify, and grow with confidence. 100% free.

⚠ Educational data as of Q2 2026. Verify latest ratios on Screener.in and consult a qualified scholar. Not financial advice.

STEP 1: CHOOSE A PLATFORM

GROWW

Beginner‑friendly. Access Tata Ethical Fund, Taurus Ethical Fund, and direct stocks. Start SIPs from ₹500.

  • Free account opening
  • Zero commission on direct MFs
  • Step‑by‑step guided investing
  • Web, Android & iOS
VISIT GROWW ↗

ZERODHA

Advanced platform. Use Coin for mutual funds and Smallcase for curated Shariah‑compliant baskets.

  • ₹200 account opening (equity)
  • Coin: zero commission on MFs
  • Smallcase: halal baskets
  • Powerful charting & research
VISIT ZERODHA ↗

STEP 2: VERIFY A STOCK YOURSELF

USING SCREENER.IN

  1. Go to Screener.in and search for the stock (e.g. TCS).
  2. Click “Profit & Loss” → look for “Other Income”. This contains interest income.
  3. Click “Balance Sheet” → note Total Debt and Total Assets.
  4. Calculate the three AAOIFI screens:
    • Interest % = (Other Income ÷ Total Revenue) × 100
    • Debt % = (Total Debt ÷ Total Assets) × 100
    • Illiquid % = (Fixed Assets + Inventory + Intangibles) ÷ Total Assets × 100
  5. Compare with our Stock Screen to save time.

You can also use Moneycontrol → Financials for similar data.

STEP 3: USE OUR FREE TOOLS