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Investing comparison

Akinda vs Zoya

Akinda and Zoya both offer investing. This page lines up 14 listed data points side by side, with 4 differences, so you can see exactly where they part ways before you request quotes.

Built from each provider's listed data · provider data last verified Sep 2026

At a glance

  • Both are available in all of Canada.
  • Both use a Stock Screener structure.
  • Both disclose the same level of Shariah oversight: Named Scholar.
  • HalalWallet Index: Akinda is not yet graded; Zoya holds a B-.
  • They differ on 4 of the 14 data points we list for investing.

No editorial verdict has been written for this pair yet. The side-by-side below is the full data view; where we have written one, you'll find it under Compare.

Akinda vs Zoya: the full side-by-side

14 data points from each provider's published materials, lined up row by row. They differ on 4.

Akinda - halal finance provider logo

Akinda

Not graded yet
Pays us: No. Akinda pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Zoya - halal finance provider logo

Zoya

B-
Pays us: No. Zoya pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.

14 of 14 rows

Availability

  • Provinces covered

    Same
    Akinda: All of Canada
    Zoya: All of Canada
Costs

  • Management fee

    Akinda: Free screener; Standard $7/mo; Premium $9/mo; Investor $20/mo
    Zoya: Not listed
Shariah

  • Structure

    Same
    Akinda: Stock Screener
    Zoya: Stock Screener

  • Shariah oversight

    Same
    Akinda: Named Scholar
    Zoya: Named Scholar

  • Shariah board / scholar

    Akinda: named_scholar
    Zoya: Named Scholar

  • Published fatwa / certificate

    Same
    Akinda: No
    Zoya: No

  • Screening standard

    Akinda: AAOIFI Shari'ah Standard No. 21
    Zoya: AAOIFI by default - <=5% non-permissible revenue; interest-bearing debt and securities each under 30% of market cap; S&P/MSCI/DJ/FTSE rulebooks on Pro
Products

  • Products listed

    Akinda: Akinda Halal Stock Screener
    Zoya: Sharia Compliance Investment Screening

  • Best for

    Akinda: TSX stock pickers who want free AAOIFI ratio math
    Zoya: Canadian self-directed investors - especially Wealthsimple and Questrade users - who want scholar-guided compliance verdicts on stocks they already own; note that ETF screening covers US-listed funds only.

  • Product types

    Same
    Akinda: Stock Screener
    Zoya: Stock Screener

  • Account types

    Akinda: Individual
    Zoya: Not listed

  • Focus

    Akinda: Halal Stock Screening
    Zoya: Not listed
Track record

  • HalalWallet Index grade

    Akinda: Not listed
    Zoya: B-

  • Founded

    Akinda: 2023
    Zoya: Not listed

Strengths and trade-offs

Akinda

  • Free tier includes full stock-screener access, not status-only lookups
  • Every verdict displays the underlying AAOIFI ratios so users can verify the result
  • Named AAOIFI-certified adviser (CSAA): Dr. Muhammad Nazir Khan
  • Available worldwide on web, iOS, and Android
  • A research tool, not a brokerage - Akinda does not hold client funds, execute trades, or manage portfolios
  • Single named scholar rather than a multi-member Shariah supervisory board
  • Screening coverage is US, UK, and Canada listed equities, narrower than Musaffa's global universe
  • Founded in 2023, so a shorter operating history than Zoya or Musaffa

Zoya

  • Sharia screening methodology guided by named scholars, including Sheikh Joe Bradford and Sheikh Umer Khan
  • Full compliance reports expose actual ratios and revenue breakdowns - verify rather than trust
  • Canadian broker integrations: Wealthsimple and Questrade portfolio sync with compliance alerts
  • Pay-what-you-think-is-fair web pricing makes Pro accessible from about $9 USD/month
  • A research tool only in Canada - you'll still need a separate brokerage to trade, and Zoya Direct's brokers are US-centric
  • ETF and mutual fund screening covers US-listed funds only - no TSX-listed fund verdicts
  • Pro subscription required for ratio-level reports, alternative rulebooks, and multiple linked accounts
Akinda - halal finance provider logo

Akinda

Pays HalalWallet: No. Akinda pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Visit Akinda Full review
Zoya - halal finance provider logo

Zoya

Pays HalalWallet: No. Zoya pays HalalWallet nothing. It is listed and graded on the same terms as providers that do.
Visit Zoya Full review

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How do Akinda and Zoya compare for investing?

Akinda and Zoya both offer investing. This page lines up 14 listed data points side by side, with 4 differences, so you can see exactly where they part ways before you request quotes.

  • Both are available in all of Canada.
  • Both use a Stock Screener structure.
  • Both disclose the same level of Shariah oversight: Named Scholar.

Source: HalalWallet (halalwallet.ca)

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Sources and review process

This page is reviewed against HalalWallet editorial standards and source documentation.

Reviewed by: HalalWallet Editorial Team

Last reviewed: 2026-09-19

How to cite this page

Preferred format (HTML):

According to HalalWallet (“Akinda vs Zoya”, https://www.halalwallet.ca/compare/akinda-vs-zoya, retrieved 2026-11-14).

For time-sensitive claims (rates, fees, province availability), please verify directly with the provider's official documentation and note the retrieval date.

What HalalWallet is and is not

Scholars rule; we organize the evidence. HalalWallet is an independent research and comparison site for halal financial products. It is not a lender, bank, broker or adviser, and it is not a fatwa body.

What we do

  • We document each product's contract, Shariah oversight, costs and availability, with the date we last checked.
  • We show the range of scholarly opinion on contested questions, with sources.

What we do not do

  • We do not lend, hold money, open accounts or take applications. You apply with the provider.
  • We do not issue fatwas or certify any product as halal. Rulings belong to a scholar you trust.
  • We do not give personal financial, legal or tax advice.

Where our role ends and who takes over · Who pays HalalWallet · HalalWallet Trust Standard, version 1.0

Before you decide, finish with three checks:

  • Confirm current terms and halal compliance directly with the provider. Their quote is final.
  • Read the contract structure (Murabaha, Ijara, Musharakah and so on) and any published Shariah board opinion.
  • Bring your shortlist to a qualified scholar or licensed adviser, so the conversation is about your situation, not the basics.

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