Post by : Bianca Qureshi
NEW YORK: Musaffa, a fintech platform focused on Shariah-compliant investment research and Islamic finance education, has launched its new Global Halal Investment Platform. The platform aims to provide more than 600,000 Muslim investors across 200+ countries with easier access to US capital markets through regulated and scalable trading infrastructure.
The launch is powered by Alpaca, a global brokerage infrastructure API provider. Through this integration, users can access stocks, ETFs, options, and fixed income products while maintaining Shariah compliance directly within the investing process.
Addressing Key Challenges for Muslim Investors
Muslim investors often face barriers when investing in global markets. These include fragmented tools, limited market access, and a lack of clear regulatory oversight. Many investors rely on separate platforms for stock screening, trading, purification calculations, and zakat tracking.
This disconnected system can also create classification issues. A stock may lose its Shariah-compliant status without the investor knowing immediately, increasing uncertainty and risk.
Dilshod Jumaniyazov, Co-Founder and CEO of Musaffa, said the partnership with Alpaca allows the company to combine modern trading infrastructure with built-in Shariah compliance. He added that the goal is to make faith-aligned investing more transparent, trustworthy, and accessible for underserved Muslim investors.
Growing Demand for Islamic Finance
Demand for Shariah-compliant investing continues to grow worldwide. Global Islamic finance assets are projected to reach $9.7 trillion by 2029, with an average annual growth rate of 10%. Islamic fintech currently represents about 3% of total Islamic finance assets, showing strong potential for digital platforms in this sector.
Yoshi Yokokawa, Co-Founder and CEO of Alpaca, said the company is proud to support partners like Musaffa in expanding faith-aligned access to US markets. He noted that Alpaca’s infrastructure helps build embeddable Shariah-compliant solutions and supports financial accessibility globally.
Future Expansion Plans
Musaffa also plans to introduce 24/5 trading access in the near future, further improving flexibility for global investors.
With this launch, Musaffa aims to simplify halal investing by reducing manual processes and uncertainty, allowing Muslim investors to participate in US markets confidently while staying aligned with their religious values.
US Stocks Slide as AI Fears, Inflation and Oil Surge Weigh
US stocks dropped as AI disruption fears hit tech firms, inflation rose above forecasts, and oil pri
Pacific Prime Wins Top Honors at Cigna Awards 2026
Pacific Prime secured Top Individual Broker and Top SME Broker awards at Cigna’s Annual Broker Award
QatarEnergy Halts LNG Output After Military Attack
QatarEnergy has stopped LNG production after military attacks hit its facilities in Ras Laffan and M
Strong 6.1 Magnitude Earthquake Hits West Sumatra, No Damage
A 6.1 earthquake struck off West Sumatra, Indonesia. No casualties, damage, or tsunami alert reporte
Saudi Confirms Drone Strike on US Embassy Riyadh
Two drones hit the US Embassy in Riyadh, causing a small fire and minor damage. No injuries were rep
UAE Restarts Limited Flights as Regional Airspace Disruptions Continue
UAE restarts limited flights from Dubai as US-Israel attacks on Iran disrupt regional airspace, forc
Asia Faces Energy Shock After Iran Closes Strait
Iran shuts Strait of Hormuz amid US-Israel strikes, sending oil prices higher and raising serious en
Bank of Baroda Faces Abu Dhabi Legal Battle over NMC Collapse
Bank of Baroda’s involvement in Abu Dhabi litigation tied to the NMC Healthcare collapse raises repu
Top Museum Openings of 2026 Set to Transform Global Tourism
From Los Angeles to Abu Dhabi and Brussels, 2026 brings major museum launches—Lucas Museum, Guggenhe
UAE Tour Highlights UAE’s Strength in Hosting Global Sports Events
Abu Dhabi Sports Council says the successful UAE Tour reflects the UAE’s leading role in hosting maj
EU Seeks Clarity from US After Supreme Court IEEPA Ruling
European Commission urges full transparency from the US on steps after Supreme Court ruling, emphasi
SpaceX Launches 53 New Satellites for Expanding Starlink Network
SpaceX launches 53 Starlink satellites in two Falcon 9 missions, breaking reuse records and expandin
RTA Awards Contract for Phase II of Hessa Street Upgrade in Dubai
Phase II of Hessa Street Development to add bridges, tunnel, and upgraded intersections, doubling ca
UAE Gold Prices Today, Monday 16 February 2026: Dubai & Abu Dhabi Updated Rates
Gold prices in UAE on 16 Feb 2026 updated: 24K around AED 599.75/gm, 22K AED 555.25/gm, and 18K AED
Over 25 Ahmedabad Schools Receive Bomb Threat Email, Authorities Investigate
More than 25 schools in Ahmedabad evacuated after bomb threat emails mentioning Khalistan. Authoriti