Zoya Review - Halal Finance Products
Reviewed quarterly and updated for major content changes.
Zoya offers halal financial products and services designed to align with Islamic principles. These options provide alternatives to conventional interest-based financial products, using structures like Murabaha, Ijara, and Musharakah.
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HalalWallet 2026 Review
Zoya - At a Glance
1
Products Reviewed
All
Regions (Nationwide)
1
Category
Shariah Compliance Review
Oversight Level
Review details on provider's website
Shariah compliance should always be verified directly with Zoya. HalalWallet reports publicly available oversight information but does not issue fatwas or certify compliance.
Bottom Line
Zoya is a Shariah-compliant financial provider serving Kiwi Muslims. Review the products listed above and compare with other providers to find the best fit for your needs.
Products from Zoya
Why It's Halal
Zoya's default methodology is the AAOIFI screen: business activity screening plus financial ratios capping non-permissible revenue at 5% and interest-bearing debt and securities at 30% of market capitalization. Shariah oversight comes from named advisors Sheikh Joe Bradford (AAOIFI CSAA certified, formerly of Al Rajhi Bank) and Sheikh Umer Khan, who review the screening methodology and purification approaches. Zoya publishes three purification methods (dividend, capital gains and AAOIFI annual per-share) with worked examples, and its zakat calculation follows Joe Bradford's Simple Zakat Guide methodology. The tool screens; it does not custody money, so the compliance question sits entirely in the methodology, which is published and scholar-reviewed (zoya.finance and app documentation, verified 2026-08-07).
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.
Opens provider site - no obligation
Where Available
Based on listings we track, Zoya operates nationwide:
Nationwide availability
Availability may vary by product type. Always verify current availability directly with Zoya.
How We Compare
- • We review publicly available information from providers, including Shariah compliance documentation.
- • We compare financing structures, total costs, down payment requirements, and state availability.
- • We prioritize providers that clearly explain their halal compliance rationale and operate with transparency.
- • We note which products are available nationwide versus regionally.
- • Learn more about our methodology.
Quick Answer
Zoya offers halal financial products that comply with Shariah principles, avoiding interest (riba) and prohibited industries. Their products are available in 1 state and include Investing options.
Key Takeaways
- Zoya offers Shariah-compliant financial products that avoid interest and prohibited industries.
- Products are available in 1 state: Nationwide.
- Product categories include Investing.
- Always verify compliance directly with Zoya and consult qualified Islamic finance advisors when needed.
- Compare Zoya's products with other providers to find the best fit for your needs.
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-03-09
How to cite this page
Preferred format:
For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.
Related Guides
Frequently Asked Questions
What types of halal products does Zoya offer?
Zoya offers 1 product across 1 category. Specific product types, terms, and availability can vary. Review the products listed above or contact Zoya directly for current offerings.
How does Zoya ensure Shariah compliance?
Review Zoya's publicly available Shariah compliance documentation, understand the product structures they use, and check for independent oversight or Shariah board involvement. Always verify compliance directly with Zoya and consult with qualified Islamic finance advisors for guidance on specific products.
Is Zoya available in my state?
Zoya operates nationwide, though specific products may have regional limitations. Always verify current availability directly with Zoya.
Are Zoya's products more expensive than conventional options?
Halal financing structures can have different fee structures compared to conventional products. Some options may be competitive with conventional rates, while others may have different cost structures. Pricing varies by product type, location, and individual circumstances. Always compare total costs and terms when evaluating options.
How do I contact Zoya?
Contact information for Zoya should be available through their website or the product listings above. Use the action links provided with each product to visit Zoya's website or contact them directly for more information.
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