Halal Investing in Gisborne

A US dollar denominated PIE managed fund, started 1 September 2013, that holds up to 50 ordinary shares of companies listed on the NYSE, NYSE MKT or Nasdaq main board, or cash in USD or NZD, under the same Strict Ethical Mandate as the AE KiwiSaver Plan (which invests through this trust). Open to all with no minimum investment: sums under NZD 100 are held in an individual wallet by the registry (Appello Services Ltd) until they reach NZD 100, then units are issued. Contributions accepted in NZD or USD from an AML/CFT compliant bank account. Withdrawals at any time by written notice, paid in USD or NZD; full redemption takes up to 5 working days, with 90% payable the same day if urgent. Absolute-return style with a risk indicator of 7; target mix 80% equities and 20% cash with full committee discretion. Supervisor Trustees Executors Limited, custodian Apex Investment Administration (NZ) Ltd. Returns net of expenses and before tax to 30 April 2026: 18.29% for one year, 4.62% p.a. over three years, 3.14% p.a. over five years, 6.39% p.a. over ten years.

Musaffa

Musaffa Halal Stock & ETF Screener

Halal investing research platform from Musaffa LLC (New York), verified live on the New Zealand App Store on 2026-08-07 (version 2.18.0, free with in-app purchases) and fully accessible via the web at musaffa.com. Musaffa screens 120,000+ global stocks and ETFs across 60+ markets against AAOIFI standards, with detailed compliance reports, a C-minus to A-plus style ranking system, purification and zakat calculators, watchlists and compliance alerts. Coverage is broader than Zoya's and includes some NZX-listed names, but NZ coverage is partial and each ticker must be checked individually; the deepest data is on the 11,000+ US-listed stocks and ETFs that dominate NZ self-directed portfolios anyway. Musaffa also operates a US-listed trading service (Musaffa Invest, commission-free fractional shares cleared through Alpaca) and managed portfolios; NZ residents should treat the screener and research as the core offering and verify account eligibility separately before attempting to open a trading account.

Zoya

Zoya Halal Stock & ETF Screener

Shariah screening app from Investroo Inc. (US), verified live on the New Zealand App Store on 2026-08-07 (version 2.0.73, free with in-app purchases). Zoya gives instant AAOIFI-based compliance verdicts on stocks worldwide for free, with Pro unlocking full ratio-level reports, alternative rulebooks (S&P, MSCI, Dow Jones, FTSE Russell), ETF and mutual fund look-through screening, compliance change alerts and zakat tools. For New Zealand investors the practical pairing is a local platform (Sharesies, Hatch or Tiger Brokers, none of which offer any halal screening of their own) for US-listed shares, with Zoya as the compliance layer before every buy. Zoya's covered markets are US stocks, ETFs and mutual funds plus stocks in the UK, Canada, Australia, Germany, France, Denmark, Sweden, India, Japan, Poland, Taiwan and OTC. The NZX is not covered, and Zoya's in-app brokerage linking and trading run through US, Canadian and Australian brokers, not NZ platforms, so portfolio tracking for NZ users is manual.