Frequently Asked Questions
Everything you need to know about the product, sharia screening, and zakat calculation.
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Hisaab is a portfolio tracker built specifically for Muslim investors. It combines Portfolio tracking, Zakat calculation, Purification tracking, and Sharia screening in one focused dashboard so you always know where your wealth stands, and what you owe.
Muslim investors in India who invest in NSE/BSE listed stocks and want to track Sharia compliance and Zakat without maintaining a spreadsheet. If you use Angel One, Zerodha, Groww, or any other trading platform and wish they understood halal investing, Hisaab is for you.
Zakat is 2.5% of your total zakatable assets, paid once per lunar year if you are above the nisab threshold. Purification is the portion of dividend or profit income that came from a company's non-permissible business activities, which must be donated to charity. They are not interchangeable and most stock investors will owe both.
The nisab is the minimum amount of wealth a Muslim must possess before Zakat becomes obligatory. It is equivalent to 85 grams of gold or 595 grams of silver, recalculated using today's market price. Hisaab updates the nisab rate automatically so your Zakat calculation is always current.
Each stock is evaluated against two filters. First, a sector screen excludes businesses involved in alcohol, tobacco, conventional banking, gambling, weapons, and adult entertainment. Second, a financial ratio screen checks that debt, interest income, and impermissible revenue remain below acceptable thresholds (typically 33%). Stocks are marked Halal, Doubtful, or Non-Halal accordingly.
Yes, in most cases. Even halal screened companies may earn a small portion of revenue from impermissible activities. The purification amount is typically very small (often less than 2–3% of dividend income), but it is required. Hisaab calculates this automatically so you don't have to.
Yes, Hisaab is currently available for early access. You can sign up directly and start tracking your portfolio today.
Yes. The first version focuses on NSE/BSE-listed stocks. Mutual funds, ETFs, and other asset classes are on the roadmap based on early user feedback.
Hisaab does not connect directly to your brokerage. You enter your holdings manually which means your login credentials, transaction data, and brokerage account are never shared with us. Your portfolio data is stored securely and never sold to any third parties.
Yes. Hisaab's screening methodology is based on the AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institutions) standards, which are widely adopted by Islamic finance institutions globally. We will clearly document the criteria used so investors can assess them independently.