RESEARCH DESK
Everything you need to start, verify, and grow with confidence. 100% free.
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
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
STEP 2: HALAL MUTUAL FUNDS
TATA ETHICAL FUND
India’s oldest and largest Shariah‑compliant mutual fund. Invests only in AAOIFI‑screened equities. Consistent long‑term performance.
- ✅ Fund size: ₹8,500+ Cr
- ✅ Expense ratio: ~1.05%
- ✅ Available on Groww, Zerodha Coin
- ✅ SIP from ₹500/month
TAURUS ETHICAL FUND
Dedicated Shariah fund with a focused portfolio of ethically screened companies. Suitable for moderate risk investors.
- ✅ Fund size: ₹200+ Cr
- ✅ Expense ratio: ~1.25%
- ✅ Available on Groww, Zerodha Coin
- ✅ SIP from ₹500/month
NIPPON INDIA SHARIAH FUND
Tracks the Nifty Shariah 25 Index. Passive, low‑cost exposure to the top 25 Shariah‑compliant companies.
- ✅ Fund type: Index Fund
- ✅ Expense ratio: ~0.30%
- ✅ Available on Groww, Zerodha Coin
- ✅ SIP from ₹500/month
QUANTUM ETHICAL FUND
A direct‑plan Shariah fund with a low expense ratio and a transparent, research‑backed investment approach.
- ✅ Fund type: Direct Plan
- ✅ Expense ratio: ~0.50%
- ✅ Available on Groww, Zerodha Coin
- ✅ SIP from ₹500/month
VERIFY A STOCK YOURSELF
USING SCREENER.IN
- Go to Screener.in and search for the stock (e.g. TCS).
- Click “Profit & Loss” → look for “Other Income”. This contains interest income.
- Click “Balance Sheet” → note Total Debt and Total Assets.
- 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
- Compare with our Stock Screen to save time.
You can also use Moneycontrol → Financials for similar data.