Amal Invest Company Information

Amal Invest is a fintech company headquartered in Manama, Capital Governorate, Bahrain, with the option for fully remote services. Established on February 1, 2022, the company participated in Y Combinator’s W22 batch and remains active in its early stage of development. Amal Invest operates within the fintech industry and specializes in providing a Shariah-compliant investing application designed specifically for Muslim investors. The app includes features that filter stocks and funds to ensure they meet strict Islamic investing criteria, catering to users who wish to adhere to Shariah law in their investment choices.

The company serves regions including Bahrain, the Middle East and North Africa, and offers its services remotely. It provides a platform where users can set personalized investment filters based on specific Shariah-compliant requirements, thus offering access to a tailored investment universe. Additionally, Amal Invest is committed to educating its users about halal investing through its blog, which covers topics such as the basics of halal investing, the importance of informed investment decisions, and the significance of avoiding non-halal investments. The blog also discusses investment opportunities beyond equities, like gold and precious metals, and addresses tax considerations for international investors, including the calculation of Zakat on stocks. Furthermore, Amal Invest highlights the role of financial advisors in halal investing and provides insights into creating personal halal funds or ETFs.

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