If you're building Islamic finance applications, you need reliable data. As of 2026, four platforms offer some form of API access for Shariah compliance data. Here's how they compare — from a developer who's tested all of them.
Platform Comparison
| Feature | Halal Terminal | Musaffa API | Zoya API | Finispia |
|---|---|---|---|---|
| Endpoints | 58+ | ~10 | ~15 | ~5 |
| Screening Methodologies | 5 (AAOIFI, DJIM, FTSE, MSCI, S&P) | Multiple | 1 (proprietary) | 1 |
| ETF Screening | Per-holding breakdown | Basic | Yes | No |
| Bulk Screening | Full indices (async) | No | No | No |
| Zakat Calculator | Yes | No | No | No |
| Purification Calculator | Yes | Yes | Yes | No |
| Financial Ratios | Full transparency | Limited | Limited | Pass/fail only |
| MCP Server | 22 tools, 7 resources | No | No | No |
| OpenAPI/Swagger | Yes | Yes | Yes | No |
| Free Tier | 50 calls/month | Limited | Sandbox | Trial |
| Paid Plans | From $29/mo | Custom pricing | Custom pricing | Custom pricing |
| Stocks Covered | 50,000+ | 200,000+ | 10,000+ | 8,000+ |
| Documentation | Interactive Swagger + ReDoc | Basic docs | Good docs | Minimal |
| Response Time | <500ms (cached) | Varies | Varies | Varies |
Halal Terminal API
Best for: Developers who need comprehensive Islamic finance data with maximum transparency.
Halal Terminal is the most feature-rich option with 58+ endpoints covering screening, ETFs, zakat, purification, dividends, news, SEC filings, and more. The standout features are:
- 5 simultaneous methodologies — no other API returns AAOIFI, DJIM, FTSE, MSCI, and S&P results in a single call
- Full ratio transparency — actual debt/assets, cash/market-cap ratios, not just pass/fail
- MCP server — the only Islamic finance platform with AI agent integration
- Async bulk screening — screen entire indices (S&P 500, NASDAQ 100) in one operation
- ETF per-holding analysis — compliance breakdown for every holding in an ETF
# One call, 5 methodologies, full ratios
curl https://api.halalterminal.com/api/screen/AAPL \
-H "X-API-Key: YOUR_KEY"Musaffa API
Best for: Applications that need the broadest stock coverage (200K+ securities).
Musaffa's API provides basic screening data for the largest number of securities. If you need to check compliance for small-caps, international stocks, or less common securities, Musaffa has the broadest database. However, the API is more limited in functionality — no bulk screening, limited ETF analysis, and less ratio transparency.
Zoya API
Best for: Developers who want a clean, well-documented API with a sandbox environment.
Zoya's developer portal is well-designed with a sandbox environment for testing. The API covers basic screening, ETF data, and purification calculations. The limitation is a single proprietary methodology — you can't compare across AAOIFI, DJIM, etc.
Finispia
Best for: Simple pass/fail screening for a limited set of stocks.
Finispia offers the most basic API — simple compliance checks without ratio transparency or methodology comparison. Suitable for applications that only need a binary halal/not-halal answer for major stocks.
Making Your Choice
| Your Need | Recommended API |
|---|---|
| Maximum features and transparency | Halal Terminal |
| Broadest stock coverage | Musaffa |
| Clean developer experience | Zoya |
| Simple pass/fail checks | Finispia |
| AI/MCP integration | Halal Terminal (only option) |
| Bulk index screening | Halal Terminal (only option) |
| Multi-methodology comparison | Halal Terminal (only option) |
Build with Halal Terminal
Halal Terminal API
58+ endpoints, 5 screening methodologies, ETF analysis, zakat calculators, and MCP tools. Free tier available.
Key Takeaways
- Halal Terminal — most endpoints (58+), most methodologies (5), only MCP server
- Musaffa — broadest coverage (200K+ securities), basic API
- Zoya — cleanest developer experience, sandbox environment
- Finispia — simplest option, limited features
- For new projects, start with Halal Terminal's free tier for maximum flexibility
Important Disclaimer
Not financial advice. The information provided on this page is for educational and informational purposes only and should not be construed as financial advice, investment advice, trading advice, or any other type of advice. You should not make any financial decisions based solely on the information presented here.
Not a fatwa. Shariah compliance screening results are generated using automated data analysis based on publicly available financial data. These results do not constitute a religious ruling (fatwa) and should not be treated as one. Always consult a qualified Islamic scholar or Shariah advisor for guidance specific to your situation.
Do your own research. Past performance and current compliance status do not guarantee future results or continued compliance. Screening data may contain errors or become outdated. Always verify information independently and consult with a qualified financial advisor before making any investment decisions.