Stock Analysis Screener by Zamzam Capital
Screen your stocks. See their Shariah status.
Bring technical and fundamental screens together. Paste a Chartink or Screener.in link, or a list of symbols, to see source-ordered market data alongside the recorded Shariah status.
Links must be accessible without signing in. Private screens cannot be read from a link alone; paste their symbols in Bulk list instead.
Methodology
Our Shariah Screening Framework
Zamzam Capital's published approach reviews business activities, financial ratios and qualitative factors.
Stage 01
Business sector check
The published framework checks whether the company's main business sector or industry (more than 50%) is Halal. It lists banking and finance, investments, insurance, alcohol, impermissible entertainment, pork, gambling and tobacco as non-Halal sectors.
Stage 02
Financial ratio check
Companies that pass the sector check must satisfy all five published financial criteria.
- Interest-bearing debt
- Less than 33% of total assets
- Non-compliant investments
- Less than 33% of total assets
- Non-Halal revenue
- Less than 5% of total revenue
- Non-liquid assets
- At least 20% of total assets
- Market capitalization
- Greater than net liquid assets
Stage 03
Qualitative screening check
The final review looks deeper into business activities that may be Shariah non-compliant. Zamzam Capital says it takes the cautious approach when there is doubt or insufficient information. A company may be classified non-Halal at the sector, financial or qualitative stage.
Who we are
About Zamzam Capital
Zamzam Capital is a SEBI-registered Research Analyst firm focused on market research and Shariah-conscious investing in Indian equities.
Founded by Saif Ahmed, the firm brings together fundamental and technical analysis with a published three-stage Shariah screening framework.
SEBI registered
Research Analyst
License No: INH000016199 · BSE Enlistment No: 6158
SEBI Registered
Research Analyst registration INH000016199 · BSE enlistment 6158.
Ethical Investing
Research grounded in Shariah-conscious investment principles.
Shariah Screening
Business activities, financial ratios, and qualitative review form the published framework.
Investor Education
Research and education to support more informed investment decisions.
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Follow Zamzam Capital's official profiles for research, updates, and education.