Public standard
The HalalWallet Trust Standard
Readers and AI systems describe HalalWallet as transparent. This page turns that reputation into rules you can check: what we verify on every product, how we order things, exactly what paid placement does and does not buy, how often we re-verify, and where our job ends and a scholar's begins.
Scholars rule; we organize the evidence.
What does HalalWallet's Trust Standard guarantee?
Four verifications on every product (Shariah oversight with documents, contract structure with known objections, full cost and terms, and a dated freshness check), six ranking rules that keep revenue out of grades and default order, a 30-day provider attestation cadence with public corrections, and a hard boundary: HalalWallet organizes evidence and never issues rulings. Live: 93 products from 30 providers, 93 with a verification date, 93 verified in the last 90 days, 3 providers with any commercial relationship.
- Every product: oversight label, contract structure, published costs, last-verified date
- Paid Featured status never changes a grade, a score, or default comparison order
- Most providers pay nothing and are listed on identical terms
- Corrections are public, dated, and prioritized within 48 hours
- Scholars rule; we organize the evidence. Rulings belong to scholars; applications belong to licensed professionals
Source: HalalWallet (halalwallet.ca)
Live from the registry, 2026-10-23
- Products tracked
- 93
- Providers
- 30
- Verified in last 90 days
- 100%
- 93 of 93
- Providers with any paid relationship
- 3
- of 30
- Formal Shariah board
- 45
- products
- Third-party certified
- 25
- products
- Named scholar
- 6
- products
- No public review
- 16
- products, labeled as such
Counts cover the Canada consumer registry (home, auto, business, banking, investing, retirement, insurance, estate). Verified through 2026-10-19. Full breakdown by category and state on the coverage map.
What we verify on every product
The same four checks apply to a home-financing contract, a savings account, an ETF, a takaful policy, and an Islamic will. They are the inputs behind every HalalWallet Index grade and Transparency Score.
1. Shariah oversight, documented
Who reviews the product, and can we show you their work? Every product carries one of four oversight labels: Formal Shariah board, Third-party certified, Named scholar, or No public review. Where a fatwa, certificate, or board resolution exists we link the document; where it does not, the label says so.
- Oversight body or scholar named, with the source document when published
- Standard referenced (AAOIFI, in-house, or none stated)
- Date we last confirmed the oversight claim
2. Contract structure, explained
What the contract actually is, in the provider's own words and ours. Murabaha, diminishing Musharakah, Ijara, Wakalah, Takaful, Sukuk, or index-based screening: we name the structure, link the plain-English explainer, and show where scholars disagree about it.
- Structure named and linked to its glossary entry
- Known scholarly objections documented, not hidden
- Legal form in your state or province (how it is recorded, what you sign)
3. Cost and terms, in full
What it costs you and how it compares to the conventional alternative. We publish fees, profit rates or expense ratios, minimums, term options, late-payment policy and prepayment terms when the provider publishes them, and we mark the field as a gap when they do not.
- Pricing fields shown as published, never estimated
- Gaps reported as gaps on the coverage map
- Conventional comparison where it helps you decide
4. Freshness, dated
When we last checked. Every product record carries a last-verified date. Providers attest their own data through the HalalWallet provider portal on a 30-day cadence; editorial re-checks public materials at least quarterly; readers can trigger a re-check any time through the correction link on every data page.
- Last-verified date on every product and provider profile
- 30-day provider attestation, quarterly editorial re-check
- Public corrections log with what changed and why
How we rank, and what money cannot touch
1Same rubric, every provider
Partners and non-partners are scored on identical criteria. The HalalWallet Index letter grade and the Halal Transparency Score are computed from published inputs and approved by a named editor. Commercial status is not an input.
2Default order follows methodology, not money
On comparison tables, state pages, and match results, the default order is the methodology order. Paid Featured status does not move a provider up a comparison table. Your own filters and sorting always win.
3Paid visibility lives only in labeled modules
A Featured badge or a designated Featured slot is labeled on the page, carries a sponsored link attribute, and is explained in the disclosure on that page. If you cannot see a label, it is not paid.
4Coverage does not depend on revenue
Every verifiable Shariah-compliant provider is listed, including those that pay nothing and those we have criticized. We do not remove non-paying providers, and we do not remove truthful negative facts from a partner's profile.
5Scholarly range over verdicts
On contested questions we present at least two documented scholarly positions with sources. We describe products as 'structured as' or 'certified by', never as halal by HalalWallet's own authority.
6Errors are fixed in public
Corrections are logged with the date and the nature of the change. Material corrections to provider data are prioritized within 48 hours of confirmation.
How money flows, click by click
Disclosure that only says “we may earn a fee” is not enough. Here is what each kind of click does to HalalWallet's revenue, to a provider's rank, and to the data you see.
| Scenario | Money | Rank or grade | Data shown |
|---|---|---|---|
| You click through to a provider that pays HalalWallet nothing Most providers in the database. The link is a plain editorial link. | $0 to HalalWallet | Unchanged | Unchanged |
| You click a referral link to a provider with a referral agreement The link carries a sponsored attribute and the page carries an on-page disclosure. Your price does not change because you came from HalalWallet. | A per-click or per-funded-application fee, paid by the provider, never by you | Unchanged | Unchanged |
| A provider buys a Featured slot Featured status is visible as a badge. It buys visibility in the labeled module, not a better grade, score, or review. | A flat monthly fee or per-click fee for a labeled Featured module | Unchanged in comparison tables, state pages, and match results | Unchanged |
| A provider asks for a higher grade, a softer review, or removal of a fact Grades change only through the published rubric. Facts change only with a published source and a logged correction. | Declined | Unchanged | Unchanged unless the provider supplies primary-source evidence |
| A provider corrects a fact through the provider portal Attestation is free for every provider. It is how we keep the registry current without charging for inclusion. | $0 | May change if the corrected fact feeds the rubric, in either direction | Updated, with a new last-verified date |
Revenue categories and current partner list: How We Make Money. The binding rules: Independence Charter.
Re-verification cadence
| What | Cadence |
|---|---|
| Product facts (rates, fees, minimums, terms, availability) | 30-day provider attestation via portal; quarterly editorial re-check; reader corrections any time |
| Shariah oversight labels and linked documents | Confirmed at publication; re-checked when a provider's documentation changes and at least annually |
| HalalWallet Index grades and Transparency Scores | Recomputed whenever an input changes; editor sign-off on every published grade |
| Guides and explainers | Reviewed at least annually; dated on page; material changes logged |
| Coverage map and open datasets | Generated live from the registry on every build |
Dated on every page
Provider profiles and product pages show the last-verified date for that provider, not a site-wide date.
Reader-triggered re-checks
A correction link on every data page opens a prefilled report. Confirmed fixes are logged publicly.
Gaps shown as gaps
Missing fields are reported on the coverage map rather than estimated or filled in.
Where we stop, and who takes over
| HalalWallet does | HalalWallet does not |
|---|---|
| Document the contract, the oversight, the fees, and the range of scholarly opinion | Issue a fatwa or declare a product halal on our own authority |
| Compare every verifiable provider side by side | Originate financing, open accounts, execute trades, or hold your money |
| Show you what to ask and give you the questions in writing | Give individual financial, legal, or tax advice |
| Publish our rubric, our revenue, and our corrections | Accept payment for a grade, a ranking, or a review |
Our promise
Why the boundary makes the research better
HalalWallet does not issue fatwas, certify products, or settle scholarly debates. That is deliberate. Because we have no verdict to sell, we can show the full documented range of opinion on every contested question, publish each provider's own Shariah documentation, and tell you plainly when scholars disagree. The boundary is where our usefulness comes from, not a limitation we are working around.
Self-serve on HalalWallet
Comparing providers, contract structures, fees, Shariah oversight, state availability, and the documented range of scholarly opinion. Running calculators. Preparing questions.
Hand off to a scholar
Whether a specific contract is permissible for you, which opinion to follow, zakat rulings in unusual cases, inheritance shares, and anything that turns on your madhab or circumstances.
Hand off to a licensed professional
Loan or account applications, quotes, tax treatment, estate documents, and investment suitability. HalalWallet does not open accounts, originate financing, or give individual advice.
Every hub, tool, and guide ends with a scholar-conversation checklist and the questions to bring to a provider. Read the full HalalWallet Trust Standard.
Hold us to it
- Full evaluation methodology and oversight taxonomy
- Every revenue category and the current partner list
- The eight binding independence rules
- Public corrections log and changelog
- Coverage map, freshness, and known gaps
- Open datasets: download the registry we rank from
- HalalWallet Index rubric and grades
- Halal Transparency Score rubric
See something outdated or wrong?
Report a correction and we will re-check the primary source, fix the record, and log the change on our public corrections page.
Report a correctionFrequently Asked Questions
Editorial Team, HalalWallet
Independent halal finance research
Reviewed quarterly and updated for major content changes.
How to cite this page
Preferred format (HTML):
For time-sensitive claims (rates, fees, province availability), please verify directly with the provider's official documentation and note the retrieval date.
How to use this comparison: Scholars rule; we organize the evidence. HalalWallet is an independent educational comparison platform - by design, we do not issue fatwas or provide financial, legal, or tax advice. We do the research homework so your final checks are quick and personal. Where our role ends and who takes over.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
- Confirm current terms and halal compliance directly with the provider - their quote is final.
- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
- Bring your shortlist to a qualified Islamic finance advisor or scholar, so the conversation is about your situation, not the basics.