CancelAmal Invest
Company Overview
Amal Invest is a fintech company based in Manama, Capital Governorate, Bahrain, with a team size of three. The company operates in the fintech sector and serves the regions of Bahrain, the Middle East and North Africa, and offers fully remote services. Amal Invest provides an investing app tailored for Muslims, ensuring Shariah compliance through filtering stocks and funds according to Islamic principles.
Services
Amal Invest offers an investing app that allows users to filter stocks and funds to ensure Shariah compliance. Users can set filters for investments based on specific requirements, providing access to a universe of investments catering to individual needs. The app serves users based in Bahrain, the Middle East and North Africa, and those who prefer remote services.
Regions and Locations
Amal Invest operates from Manama, Capital Governorate, Bahrain, and offers remote services to users in various regions including Bahrain, the Middle East and North Africa. The company provides fully remote services, making it accessible to a wider audience.
Education on Halal Investing
Amal Invest provides educational content on halal investing through a blog. The content covers basics of halal investing, the importance of informed investment decisions, and avoiding non-halal investments. It also addresses the challenges of finding halal investment options, the role of financial advisors, tax considerations for international investors, and the calculation of Zakat on stocks.
Y Combinator Participation
Amal Invest was part of Y Combinator's W22 batch and launched its services on February 1, 2022. The company is in the early stages of development and continues to actively operate in the fintech industry.
