Tabadulat vs Musaffa: A Practical Guide for Halal Investors

If you’re looking to invest while staying faithful to Islamic finance principles, you’ve likely come across platforms like Tabadulat and Musaffa. Both aim to help Muslim investors, but they serve different roles in the Halal investing space.

This article lays out in simple language how the two differ - so you can decide which setup works best for your “Halal investing” journey.

What is Musaffa?

Musaffa is a fintech platform that offers both Halal stock/ETF screening and monitoring as well as full trade execution. Users can either link their existing brokerage portfolios to monitor Shariah compliance in real-time or open a brokerage account directly on the Musaffa platform to invest in Halal stocks and ETFs locally and internationally.

Here’s how it works:

• Users can look up stocks and ETFs across 90+ markets and check whether they meet Shariah-compliance criteria.  
• It offers a proprietary Shariah-compliance ranking system (A+ to C- or 1-5 stars), real-time alerts when compliance changes, detailed revenue source analysis, portfolio monitoring, and purification calculators.  
• A free tier is available, then paid plans including Starter Monthly ($9.00), Premium Monthly ($18.00), with annual options also available (Starter Yearly $72.00, Yearly Premium $144.99). Additional tiers include Foundation, Invest, Pro, and Premium Plus plans, ranging from $7.49 to $239.99 monthly.

Now, what is Tabadulat?

Tabadulat is a global Shariah-compliant investing platform. Instead of just telling you whether a stock is Halal or not, Tabadulat aims to give you a full journey, from screening to trading to portfolio management, all in one place.

• You’ll be able to screen, trade, and monitor your investments without leaving the platform.
• You can invest in global markets, including the US, UK, Europe, GCC, and Asia.
• All trades and payments are designed to be Shariah-compliant from start to finish, with real-time alerts when compliance changes and zakat calculators. 
• The platform uses AAOIFI-based screening standards - the same benchmark used by Islamic finance professionals.

In short, Tabadulat functions as an all-in-one Halal investing environment, removing the need to switch between screening tools and external brokers.

Side-by-Side Comparison

Let's Interpret the Comparison

Tabadulat's model is straightforward: free screening, ultra-low trading fees (starting from 0%), and no subscriptions. You pay when you trade, not when you research.

Musaffa takes a dual-revenue approach: subscription fees for research tools ($7.49 to $36/month depending on features) plus trading fees (2% on investments between $1,000-$9,999.99, waived above $10,000). For an investor who trades frequently with moderate amounts, these costs can add up. However, for someone who values comprehensive research and doesn't mind the subscription model, Musaffa's detailed screening reports and ratings system may justify the cost.

Tabadulat offers trading access to 40,000+ Halal stocks and ETFs across multiple regions (US, UK, Europe, GCC, Asia) right now. Musaffa, by contrast, can screen 120,000+ stocks globally, but its trading platform is launching with 11,000+ US stocks and ETFs, with plans to expand internationally.

Tabadulat holds full Financial Services Permission from FSRA (ADGM), which is a comprehensive license for operating a brokerage in the Abu Dhabi Global Market, a major international financial center. This means they're regulated as a financial institution.

Musaffa has completed SEC Registered Investment Adviser (RIA) licensing in the United States, positioning itself to operate under US regulatory frameworks with plans to serve 150+ countries. The RIA designation means they can provide investment advice and manage client assets, but they likely partner with other brokerages for the actual trade execution.

Summary 

If you're an active trader who wants to avoid subscription fees and prefers paying only when you trade, Tabadulat's transparent, ultra-low-fee model makes more sense.

For investors seeking immediate access to diverse global markets (GCC, Asia, Europe), Tabadulat currently delivers that capability, while Musaffa is still expanding its trading footprint beyond the US.

This article is for informational purposes only and does not constitute financial, investment, or Shariah advice. Investors should conduct their own due diligence and consult qualified advisors before making investment decisions

FAQS

Which halal stock is best?

There is no single “best” halal stock. Suitable investments depend on individual goals, risk appetite, and investment horizon. Screening with AAOIFI-based criteria can help identify Shariah-compliant options, but outcomes vary by methodology and market conditions.

Which app is halal for trading?

For a fully integrated Shariah-compliant trading experience, platforms like Tabadulat allow users to screen, trade, track, and calculate zakat within one licensed and regulated platform, providing a complete halal investing workflow.

Is investing in gold halal?

Physical gold is generally considered halal, but trading derivatives or leveraged contracts may have Shariah considerations.

What is the 3-5-7 rule in trading?

The 3-5-7 rule is a risk management guideline suggesting traders limit exposure to no more than 3% of their capital on a single trade, diversify across 5 positions, and review or adjust the portfolio every 7 days. It is intended to manage risk and protect capital, but its application varies by trader and strategy.

Can Muslims do online trading?

Yes, Muslims can trade online, provided investments comply with Shariah principles through applications like Tabadulat. This generally means avoiding interest-based instruments and non-compliant sectors.