Amal Invest
ActiveShariah-screened Grow and Save portfolios with automatic compliance monitoring, plus the Fund Purifier fund-screening tool
Halal investing platform offering two Shariah-screened model portfolios (Grow and Save) that are continuously re-screened, rebalanced and certified by Amanah Advisors, plus a Fund Purifier tool that checks conventional funds for compliance. One-time fee instead of subscriptions, with an optional boycott-list exclusion filter. Y Combinator W22 company; claims 10,000+ investors.
Founders
Funding Rounds
Lead: Y Combinator
Investors: Y Combinator
Y Combinator Winter 2022 batch investment, confirmed on YC's own company page. No primary source states the amount or date; aggregators (Crunchbase, Tracxn) list a $500K seed in 2022 with Olive Tree Capital as a second investor, which could not be verified against a primary source, so amount and Olive Tree are omitted. Confidence: confirmed (round 13, Y Combinator).
Something here wrong?
Every figure on this page is meant to have a source behind it. If one doesn't match reality, tell us and we'll fix it.
Feedback about Amal Invest