Islamic investor

Islamic investor Free App

Rated 4.15/5 (162) —  Free Android application by IdealRatings, Inc.

Advertisements

About Islamic investor

IdealRatings® Islamic Investor app for individual investors is the only mobile application that tells if a stock is Shariah compliant or not based on the most widely accepted screening guidelines in the industry (AAOIFI). It also gives further details to sophistiated users on the reasons behind the compliance status and whether the financial screening ratios or the non-permissible income ratio is behind the final screening results. The Islamic Investor application enabled a recently launched function to calculate the overall purification value for individual portolios with direct links to pay it out to charity organisation directly. IdealRatings Islamic Investor app registered user will be granted compliance access to their local market free of charge.

Key Features:

- Instant Shariah Complince status for local market listed companies.
- Transparent screening details by viewing a Company Report (Limited views per user).
- View Market HeatMap (In-App Purchase).
- Create your own Portfolio Holdings, Favorits and Watch List seperatley.
- Track Compliance and Performance for each stock seperatley.
- Calculate your Purification Value and Donate to Charity imediatley.
- Access Buy/Sell Recommendations for certain markets (In-App Purchase).


FAQ:

- How do you determine that a stock is Shariah compliant?

IdealRatings screen 40,000 companies globally to ensure that its financials ratios and revenue derived from non-permissible business activities are compliant with the criteria defined in the rulebook.

- Who defined the screening parameters (rulebook) used by IdealRatings?

AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions). These criteria represent what we’ve seen as the most commonly used rulebook globally, they were deduced by qualified scholars in the Islamic Finance to screen companies that are being evaluated for investment by observant Muslims. IdealRatings do realize however that there is no single standard to determine what is Halal or non-halal, but we determined that this should at least give an initial opinion for individual investors on the final status for certain stocks they might be interested to invest in.


- How frequent does IdealRatings update the database?

IdealRatings is one of the global screening provider in the Islamic Finance space providing service to top-tier instituatons around the globe. Islamic Investor app is being updated on daily basis whenever there’s a new information available about individual companies.




Your subscription options:

• 1 quarter subscription for Heatmap (overall view for the whole listed stocks) for $0.99
• 1 year subscription for Heatmap (overall view for the whole listed stocks) for $2.99
• 10 technical analysis recommendations for $19.99


Subscriptions are billed and auto-renewed each quarter/year as above subscriptions:

• Payment will be charged to iTunes account at confirmation of purchase.
• Subscriptions may be managed by the user and auto-renewal may be turned off by going to the user's Account Settings after purchase.
• Subscription automatically renews unless auto-renew is turned off at least 24 hours before the end of the current period.
• Account will be charged for renewal within 24 hours prior to the end of the current period, at the quarterly/yearly rate at the time of renewal.
• No cancellation of the current subscription is allowed during active subscription period.



IdealRatings, Inc. Privacy Policy
http://www.idealratings.com/privacy-policy

How to Download / Install

Download and install Islamic investor version 3.2 on your Android device!
Downloaded 10,000+ times, content rating: Everyone
Android package: com.idealratings, download Islamic investor.apk

All Application Badges

Free
downl.
Android
4.0.3+
Bug
buster
For everyone
Android app

App History & Updates

What's Changed
Performance update and bug fixes
Version update Islamic investor was updated to version 3.2
Name changed  Name changed! المستثمر الاسلامي now is known as Islamic investor.
Version update Islamic investor was updated to version 2.4.1
Version update Islamic investor was updated to version 2.0

What are users saying about Islamic investor

M70%
by M####:

Great concept. However, there are a few flaws: 1) Not all the equities in my local market (Kenya) are covered/evaluated. 2) The concept of purification is not explained well enough. You should explain it the way you have explained the rules for screening the stocks. 3) UI needs to be improved. 4) Why do I need to declare my dividends in USD? Why can't I declare them in my local currency i.e. KES?

H70%
by H####:

As everyone saying nice initiative but very few companies. I do like how they are rating the popular stocks so people can buy or stay away from them. And from one dev to other pls consider adding searching and burger menu in every page.

M70%
by M####:

Very good initiative. But I realise that it is very limited to the local markets because it works well when using the GPS function. Most of the SGX stocks can be seen (I'm Singaporean). But when I try to bypass the GPS function and access other markets like the LSE, they won't show any UK stocks but instead the pre-default handful US stocks. Please fix this because most investors would be interested to look at more than just their local markets.

M70%
by M####:

Wow great initiative however just does not cover enough equities and I don't see anything from the tsx. Inshallah you guys can grow this over the years so that it is a must for Muslim investors to have!!!

M70%
by M####:

Don't even spend a cent on this app. Most functions don't work and they hardly have any of the companies listed on the ASX. I would like to have my money back as this is clear deceit.

H70%
by H####:

Nice initiative but would like to know how frequent is the data updated and what are the scrutinizing steps followed in order to do so?

M70%
by M####:

This app is must have for every Muslim stock trader. It serves the purpose well. Simply check the stocks for shariah compliant. Simple Pass and Fail. Loved it.

M70%
by M####:

Very limited stocks. Please update your US market stocks listing.

M70%
by M####:

Sooooooooo Good. Thanks to Allah that such types of helpful sources are available for Mualims also and thanks to the App's developer also.

A70%
by A####:

Guys, you had TSX till last year. What happened now?? Please update this.

M70%
by M####:

No update and no faith. Must subscribe too many times and still got a bit only.

M70%
by M####:

There is no TSX

M70%
by M####:

Good but need more details

M70%
by M####:

very good effort

U70%
by U####:

It's a great effort alhamdulillah but you are missing some major companies, including GOOG, PG, JNJ, PFE, XOM, CVX, and many others. Update: dropped it to 2 stars though it may as well be 1. No stocks load; app is functionally useless.

M70%
by M####:

Please update your worldwide stock listing. It's very limited listing.

M70%
by M####:

It's very limited listing!!

M70%
by M####:

Thanks for you.

T70%
by T####:

Islamic Economical Foundation Gwoth

M70%
by M####:

Very limited stocks..to be axact i can only view stocks from malaysia

M70%
by M####:

Move on and do the best for worldwide

K70%
by K####:

Some of the quotes in US stock markets( such as AGEN and MACK) cannot be found. Fix this and maybe I'll rate 5stars

K70%
by K####:

Very useful and thank you for develop this apps. BUT.. need to update stock list. There are many stock name still not in the list.

K70%
by K####:

Nice

U70%
by U####:

It's good app, and I like the concept of it, but almost everything is outdated, the Halal stocks could turn to be Haram stocks from quarter to quarter, that means they have to update the financial statements for each single company to make sure that the investor is in the safe side.

Q70%
by Q####:

F70%
by F####:

Awesome app

S70%
by S####:

I am amazed with the depth of Shariah compliance exercise that idealratings does and provide to community for free. Bravo.

X70%
by X####:

The application forced closed whenever I try to read report. Please fix. HTC Nexus One, Gingerbread.

X70%
by X####:

Thank you for a great app, I'm able to check my stock compliance instantly and in an easy way.

X70%
by X####:

This is the most comprehensive Islamic stock screen available. User friendly interface and large coverage.

Y70%
by Y####:

السلام عليكم اولا شكرا على البرنامج وجزاكم الله خير فقط لدي ملحوظه صفيره، لم اقدر على تغيير الاختيار بين امريكا اضطر لمسح البرنامج واعادة تنزيله لاختيار منطقة اخرى وشكرا

Y70%
by Y####:

منتاز منتاز


Share The Word!


Rating Distribution

RATING
4.25
162 users

5

4

3

2

1