{"id":2560,"date":"2025-07-16T18:43:46","date_gmt":"2025-07-16T09:43:46","guid":{"rendered":"https:\/\/souqtimes.com\/?p=2560"},"modified":"2025-07-16T18:44:33","modified_gmt":"2025-07-16T09:44:33","slug":"islamic-investment-platform-launches-in-united-states-through-manzil-alpaca-partnership","status":"publish","type":"post","link":"https:\/\/souqtimes.com\/ja\/finance\/2560\/","title":{"rendered":"Islamic Investment Platform Launches in United States Through Manzil-Alpaca Partnership"},"content":{"rendered":"

A Canadian Islamic fintech company has introduced a new investment platform designed specifically for American Muslims seeking Shariah-compliant financial solutions. Manzil Investment Advisors LLC, registered with the Securities and Exchange Commission, has partnered with Alpaca to launch Manzil Invest USA.<\/span><\/p>\n

Platform Overview<\/b><\/h2>\n

The digital platform addresses the investment needs of America’s Muslim population by offering pre-screened halal investment options. The service aims to make Islamic investing more accessible through diversified portfolios that comply with both religious principles and investment objectives.<\/span><\/p>\n

Market Need<\/b><\/h2>\n

According to Dr. Mohamad Sawwaf, Manzil’s Group CEO, millions of American Muslims currently lack access to appropriate financial tools. He noted that only approximately one-third of S&P 500 stocks meet Islamic investment criteria, leaving many Muslims unable to participate in traditional equity markets.<\/span><\/p>\n

The platform seeks to eliminate barriers for Muslims who are new to stock market investing by providing professionally managed, diversified portfolios tailored to individual risk tolerance and investment goals.<\/span><\/p>\n

Compliance and Screening<\/b><\/h2>\n

All investment securities undergo rigorous screening processes to ensure they meet Islamic ethical standards. The platform uses two primary screening methodologies:<\/span><\/p>\n

    \n
  • AAOIFI Standards<\/b>: Securities are evaluated using criteria from the Accounting and Auditing Organization for Islamic Financial Institutions<\/span><\/li>\n
  • AFSC Criteria<\/b>: Additional filtering through American Friends Screening Committee standards<\/span><\/li>\n<\/ul>\n

    This dual-screening approach ensures investments align with both Islamic principles and broader ethical investing guidelines.<\/span><\/p>\n

    Partnership Benefits<\/b><\/h2>\n

    The collaboration with Alpaca provides Manzil with essential brokerage infrastructure and clearing services. Yoshi Yokokawa, Alpaca’s CEO and Co-founder, emphasized their commitment to financial innovation and accessibility, viewing the partnership as supporting inclusive finance for underserved communities.<\/span><\/p>\n

    Additional Features<\/b><\/h2>\n

    Beyond investment management, the platform includes educational resources to help users develop financial literacy and make informed investment decisions. This educational component supports long-term financial planning within the Muslim community.<\/span><\/p>\n

    Availability<\/b><\/h2>\n

    The Manzil Invest USA platform is currently available for download on both major mobile platforms – Apple App Store and Google Play Store.<\/span><\/p>\n

    Company Backgrounds<\/b><\/h2>\n
      \n
    • Alpaca<\/b> operates as a US-based self-clearing broker-dealer providing brokerage infrastructure for various securities including stocks, ETFs, options, and fixed income. The company has secured over $170 million in funding from prominent investors including Portage Ventures, Spark Capital, and Y Combinator.<\/span><\/li>\n
    • Manzil<\/b> holds the distinction of being Canada’s first AAOIFI-member Islamic FinTech company. Beyond investments, the company provides comprehensive Shariah-compliant financial services including mortgages, wills, and savings solutions, all built on principles of financial justice and community empowerment.<\/span><\/li>\n<\/ul>\n

      Important Disclosures<\/b><\/h2>\n

      The platform includes standard investment disclaimers noting that Alpaca does not independently verify Shariah compliance – customers must make their own determinations regarding religious adherence. All investments carry inherent risks, and options trading involves particularly high risk potential. Brokerage services are provided through Alpaca Securities LLC, a FINRA and SIPC member subsidiary.<\/span><\/p>\n

      \n

      Original Article:<\/b><\/p>\n

      01Net. (2025, July 16). <\/span>Manzil expands Shariah-compliant investment solutions to American Muslims with Alpaca<\/span><\/i>. 01Net. https:\/\/www.01net.it\/manzil-expands-shariah-compliant-investment-solutions-to-american-muslims-with-alpaca\/<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      A Canadian Islamic fintech company has introduced a new investment platform designed specifically for American […]<\/p>\n","protected":false},"author":10,"featured_media":2563,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","inline_featured_image":false,"footnotes":""},"categories":[4],"tags":[1506,1507,247,1504,1508,1505],"class_list":["post-2560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-alpaca","tag-halal-investing","tag-islamic-fintech","tag-manzil","tag-muslim-americans","tag-shariah-compliant-investment","pmpro-has-access"],"_links":{"self":[{"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/posts\/2560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/comments?post=2560"}],"version-history":[{"count":1,"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/posts\/2560\/revisions"}],"predecessor-version":[{"id":2562,"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/posts\/2560\/revisions\/2562"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/media\/2563"}],"wp:attachment":[{"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/media?parent=2560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/categories?post=2560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/souqtimes.com\/ja\/wp-json\/wp\/v2\/tags?post=2560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}