How are Halal Money Index grades calculated?

Each provider is scored on Shariah integrity (35 points: the strength and credibility of Shariah oversight, with claims requiring published evidence such as named boards, fatwas and audit reports), transparency (20: whether the board, scholars, methodology and real fee numbers are publicly disclosed, plus how complete the provider's data profile is), cost/value (15: pricing transparency, since publishing actual rates and fees beats hiding them in a Schedule of Charges), and track record (10: at least a year in operation earns full marks, so longevity beyond that adds nothing). A 20-point verified-data credit reflects how recently our editorial team verified the provider's data against its published sources, and it decays when verification goes stale. Up to 4 editor's-pick points recognize documented benefits the rubric can't quantify, awarded only with a published rationale. Missing data is never excused: it scores a conservative floor and is flagged. Every grade is reviewed and approved before publication.

Is a low grade a religious ruling that a provider is not halal?

No. The Index is not a fatwa and HalalWallet does not issue religious rulings. A low Shariah-integrity score most often means a provider has not published evidence of independent Shariah oversight, which is a transparency problem, not necessarily a compliance one. Kenya has no statutory Shariah governance framework, which makes published documentation the primary evidence available. We encourage every consumer to review a provider's own Shariah documentation and consult a qualified scholar for religious questions.

Can providers pay for a better grade?

No. Grades are computed from the same rubric for every provider and the methodology is published in full on this page. Even the editor's-pick points are capped at 4, positive-only, and require a published rationale. Providers can improve their grade one way: by publicly disclosing stronger Shariah oversight, real rates and fees, and a complete data profile.

Why do some Kenyan providers share the same grade?

Because their public disclosure profiles genuinely are similar. Kenya's full Islamic banks publish named Shariah boards, so their Shariah-integrity pillar clusters near the top, while windows and SACCOs with no published governance cluster lower. What separates leaders is the rest: publishing actual declared profit rates instead of quoting per customer, publishing a founding date, and documenting more of the product line. Where the registry can't verify a data point, the provider scores the conservative floor for it.

How often are grades updated?

Grades recompute whenever the underlying registry data changes: new Shariah certifications, new declared rates, fee changes, or new disclosures. Every change is re-reviewed before it publishes. The Index is a living scorecard, not an annual snapshot.

The independent scorecard for halal money in Kenya

The Halal Money Index

Every Kenyan halal provider, graded from A to B− on a transparent rubric: Shariah integrity, transparency, pricing disclosure, track record, and verified data. Computed from HalalWallet's live provider registry, reviewed before publication, and updated whenever the data changes.

Quick Answer

The Halal Money Index grades every Kenyan halal finance provider from A to B- on Shariah integrity (35 points), transparency and data completeness (20), cost/value measured as pricing disclosure (15), track record (10), and verified data (20). Up to 4 further points are an editor's pick, awarded only with a published rationale. Coverage is shown for context but never scored. Of the 42 provider grades published so far, 10 earn an A or A-. The rest range from B+ down to B-, the floor grade, which means we don't yet have enough verified information rather than that a provider is bad. Grades are computed from HalalWallet's live provider registry and reviewed before publication.

Islamic Bank Accounts

Compare all islamic bank accounts options →

Mudarabah savings, Qard current accounts and term deposits from CBK-licensed Islamic banks and windows.

A
Gulf African BankHigh confidence
Kenya's first fully fledged Islamic bank is also its most transparent saver's home: declared monthly Mudarabah rates to 6.95% on term money, fee schedules printed to the shilling, and a named three-scholar board with published biographies.
Named Shariah board · est. 2008 · available across Kenya · Mudarabah savings with published monthly declared profit rates
Score breakdown
Shariah integrity
34/35
Transparency
20/20
Cost / value
15/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
A-
DIB Bank KenyaHigh confidence
Dubai Islamic Bank's Kenyan subsidiary prints an up to 4% profit figure on Nawiri with zero maintenance fees across most of the shelf, but declared rates for its savings and term accounts are unpublished and tariffs defer to a separate guide.
Named Shariah board · est. 2017 · available across Kenya · Profit-bearing account, printed 'profit rates of up to 4%'; contract not named on page
Score breakdown
Shariah integrity
34/35
Transparency
20/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
A-
Premier Bank KenyaHigh confidence
The renamed First Community Bank names its Mudaraba and Qardh contracts on nearly every account page and opens accounts from KES 200, but no expected profit rate is published anywhere on the deposit shelf.
Named Shariah board · est. 2008 · available across Kenya · Mudaraba savings, monthly expected profit above KES 5,000
Score breakdown
Shariah integrity
34/35
Transparency
20/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B+
Absa Bank Kenya La RibaHigh confidence
The disclosure leader among Kenya's windows: seven account tiers with fees and waiver thresholds printed and the market's only printed window deposit rate, Sultanah's 3% quarterly profit, under a Chief Kadhi-lineage board documented in press rather than on the bank's own site.
Shariah board documented in press, not self-published · est. 1916 · available across Kenya · Non-interest transactional account, pay-per-transaction
Score breakdown
Shariah integrity
28/35
Transparency
15/20
Cost / value
15/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B
KCB Sahl BankingHigh confidence
The Islamic window of Kenya's largest bank prints its current-account tariff down to the cheque leaf, but savings and term profit rates are quoted at booking and the scholars named at the 2014 launch no longer appear on the bank's site.
Shariah board documented in press, not self-published · est. 1896 · available across Kenya · Profit-bearing Sahl savings (contract not printed on page)
Score breakdown
Shariah integrity
28/35
Transparency
14/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B-
National Bank of Kenya - National AmanahAwaiting verified dataHigh confidence
Kenya's cheapest Islamic account entry at KES 500 with zero maintenance, from a window that publishes no Shariah board, scholars, contracts or profit rates anywhere on its site.
No public Shariah review · est. 1968 · available across Kenya · Amanah transactional account (contract not disclosed)
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
Crescent Takaful SaccoAwaiting verified dataMedium confidence
Mudaraba savings with printed minimums from Kenya's self-described first Shariah-compliant SACCO for Hajj savers, verified only from archive snapshots with the live site down, no SASRA licence and no named Shariah board.
No public Shariah review · est. 2013 · available across Kenya · PLS profit-bearing Hajj savings
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026

Islamic Home Financing

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Diminishing Musharakah and Ijarah home finance, including government-subsidised schemes.

A-
Gulf African BankHigh confidence
Diminishing Musharakah home, construction and plot finance to 20 years with equity and financing ratios printed, from the named-board Islamic bank, though profit rates are quote-only.
Named Shariah board · est. 2008 · available across Kenya · Diminishing Musharakah home finance, up to 20 years
Score breakdown
Shariah integrity
34/35
Transparency
19/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
A-
Premier Bank KenyaHigh confidence
The highest printed financing ratio in Kenyan halal home finance, 90% over 20 years with a 100% early-payment rebate, under a named three-scholar board, but no rates or worked examples are published.
Named Shariah board · est. 2008 · available across Kenya · Diminishing Musharaka home finance, up to 90%, up to 20 years
Score breakdown
Shariah integrity
34/35
Transparency
19/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B+
Absa Bank Kenya La RibaHigh confidence
Kenya's deepest halal mortgage menu: six printed bands up to 100% financing below KES 10 million plus printed 9% and 9.5% KMRC affordable tiers, from a window whose board is documented in press rather than on-site.
Shariah board documented in press, not self-published · est. 1916 · available across Kenya · Shared ownership + leasing mortgage (Musharaka/Ijara architecture)
Score breakdown
Shariah integrity
28/35
Transparency
13/20
Cost / value
15/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B+
DIB Bank KenyaMedium confidence
Home, plot and construction finance from a fully Islamic bank whose named committee binds management, but the Kenya pages print no rates, ratios or tenors at all.
Named Shariah board · est. 2017 · available across Kenya · Home purchase finance, quote-only; contract not named on Kenya pages
Score breakdown
Shariah integrity
34/35
Transparency
16/20
Cost / value
4/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B
KCB Sahl BankingHigh confidence
A named Diminishing Musharaka mortgage at 80% LTV over 20 years with documentation fees to 2.5% printed, though the profit rate itself is quoted in-branch.
Shariah board documented in press, not self-published · est. 1896 · available across Kenya · Diminishing Musharaka property finance
Score breakdown
Shariah integrity
28/35
Transparency
13/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B-
Taqwa SACCOAwaiting verified dataHigh confidence
The most fully priced halal home finance in Kenya: KES 10 million over 120 months at a printed 10% per annum reducing, from the SASRA-licensed Islamic SACCO, with no published Shariah board behind it.
No public Shariah review · est. 1998 · available across Kenya · Murabaha or Musharaka home finance at 10% p.a. reducing
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
Crescent Takaful SaccoAwaiting verified dataLow confidence
Development finance under printed Murabaha and Diminishing Musharaka contracts, but the SACCO's own archived pages conflict on price, 10% flat or 15% reducing versus 12 to 18%, and it holds no SASRA licence.
No public Shariah review · est. 2013 · available across Kenya · Murabaha / Diminishing Musharaka development finance
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
National Bank of Kenya - National AmanahAwaiting verified dataMedium confidence
A Shariah-compliant mortgage from the Amanah window, but no LTVs, tenors, rates, contracts or Shariah governance are printed anywhere.
No public Shariah review · est. 1968 · available across Kenya · Shariah-compliant mortgage (contract not disclosed)
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
- No published rates or fees on file
Recently verified Aug 2026

Islamic Car Financing

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Ijarah and Diminishing Musharakah vehicle financing without conventional interest mechanics.

A-
Gulf African BankHigh confidence
Diminishing Musharakah auto finance with ratios printed, 95% new and 80% used over five years, and a 48-hour approval claim, though profit rates are quote-only.
Named Shariah board · est. 2008 · available across Kenya · Diminishing Musharakah vehicle finance, up to 95% new / 80% used
Score breakdown
Shariah integrity
34/35
Transparency
18/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B+
Premier Bank KenyaMedium confidence
Vehicle finance under a named Diminishing Musharaka contract with a 100% early-payment rebate printed, but no ratios, tenors, rates or fees are published.
Named Shariah board · est. 2008 · available across Kenya · Diminishing Musharaka vehicle finance, new and pre-owned
Score breakdown
Shariah integrity
34/35
Transparency
15/20
Cost / value
4/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B+
DIB Bank KenyaMedium confidence
Personal-use vehicle finance from a fully Islamic bank with a named binding committee, but nothing about Kenyan pricing, ratios or tenors is printed.
Named Shariah board · est. 2017 · available across Kenya · Vehicle finance for personal use, quote-only; contract not named on Kenya pages
Score breakdown
Shariah integrity
34/35
Transparency
15/20
Cost / value
4/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B
Absa Bank Kenya La RibaHigh confidence
Asset-backed vehicle finance with limits, tenors and financing margins printed by segment, to KES 10 million on new vehicles, though the profit rate is quoted on application.
Shariah board documented in press, not self-published · est. 1916 · available across Kenya · Asset-backed vehicle finance (contract not named on page)
Score breakdown
Shariah integrity
28/35
Transparency
13/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B-
Taqwa SACCOAwaiting verified dataHigh confidence
Fully priced Murabaha or Musharaka asset finance, KES 5 million over 60 months at a printed 10% per annum reducing, cheaper on paper than any Kenyan bank window will commit to in writing.
No public Shariah review · est. 1998 · available across Kenya · Murabaha/Musharaka asset finance at 10% p.a. reducing
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
Crescent Takaful SaccoAwaiting verified dataMedium confidence
Complete printed pricing from archive snapshots, KES 5,000 to 2 million at 12 to 18% reducing with documentation fees itemized, from an unlicensed SACCO with no named board.
No public Shariah review · est. 2013 · available across Kenya · Murabaha / Diminishing Musharaka vehicle finance, 12-18% reducing
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026

Halal Investing

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Shariah-compliant mutual funds, ETFs, brokerage services and savings certificates.

A
Standard Investment Bank (SIB Najah)High confidence
Kenya's largest Shariah fund, roughly the entire market's AUM, under the country's only named fund-house Shariah board, with every fee printed: 0% entry and exit, a 5% annual services charge and performance fees that investors should price carefully.
Named Shariah board · est. 2025 · available across Kenya
Score breakdown
Shariah integrity
34/35
Transparency
17/20
Cost / value
15/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B+
Ndovu (Ndovu Wealth Limited)High confidence
The only Kenyan retail investment whose halal claim traces to a published certificate, via the underlying Wahed FTSE USA Shariah ETF, with a dated tiered fee schedule from 4.5% down to 2% that rewards doing the math on plan prices.
Third-party certified via underlying fund · est. 2024 · available across Kenya
Score breakdown
Shariah integrity
29/35
Transparency
12/20
Cost / value
15/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B-
Etica CapitalAwaiting verified dataHigh confidence
The most accessible halal fund in Kenya, KES 100 entry with printed profit rates and instant M-PESA liquidity, but no scholar, board or certificate stands behind the Shariah label.
No public Shariah review · est. 2025 · available across Kenya
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
Kuza Asset ManagementAwaiting verified dataHigh confidence
An honestly documented halal growth mandate at a flat 2% with printed fund facts including its own KES 2.46 million AUM, too small yet to hold the portfolio it describes, with no Shariah board named.
No public Shariah review · est. 2023 · available across Kenya
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
GulfCap Investment Bank (GCIB)Awaiting verified dataMedium confidence
Halal saving inside M-PESA itself, the biggest distribution funnel in Kenyan finance, but no board, methodology, fees or rates are published for the Shari'ah class and the terms and conditions still carry interest wording.
No public Shariah review · est. 2011 · available across Kenya
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
- No published rates or fees on file
Recently verified Aug 2026

Islamic Retirement

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Shariah-compliant, RBA-registered pension schemes from Kenyan providers.

B+
Takaful Insurance of Africa (TIA)Medium confidence
A Shariah-compliant umbrella retirement scheme verified on the RBA register, under TIA's four named scholars, though scheme fees are unpublished and the only printed numbers are Kenya's statutory tax limits.
Named Shariah board · est. 2008 · available across Kenya
Score breakdown
Shariah integrity
34/35
Transparency
15/20
Cost / value
4/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B-
CPF Financial Services (Salih)Awaiting verified dataLow confidence
The halal pension with institutional weight: a published Shariah framework inside the KES 60 billion County Pension Fund with Kenya's first sukuk fund, but the Salih committee is unnamed and sub-fund fees and returns are unpublished.
Shariah board claimed, roster not published · est. 2011 · available across Kenya
What we're missing to score higher:
- Shariah board claim lacks published evidence
- Board members / scholars not named
- No published rates or fees on file
Recently verified Aug 2026

Takaful

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General and group takaful covers from Kenya's IRA-licensed takaful operator.

B+
Takaful Insurance of Africa (TIA)Medium confidence
Kenya's only IRA-licensed takaful operator, with four named scholars, a documented Wakalah surplus model and a shelf from motor to Hajj travel cover, but no premiums, rate cards or benefit scales are published anywhere.
Named Shariah board · est. 2008 · available across Kenya
Score breakdown
Shariah integrity
34/35
Transparency
17/20
Cost / value
4/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026

Personal Financing

Interest-free personal financing, from Qard Hasan lenders to Shariah-certified installment purchasing.

A-
Premier Bank KenyaHigh confidence
Contract-labelled personal finance across Murabaha, Tawarruq and checkoff variants to KES 5 million over seven years, under a named board, but no profit rates are published.
Named Shariah board · est. 2008 · available across Kenya · Murabaha consumer goods finance, up to 1 year
Score breakdown
Shariah integrity
34/35
Transparency
19/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
A-
Gulf African BankHigh confidence
Consumer finance that names its contracts honestly, Tawarruq for services and Murabaha for goods, with limits to KES 6 million printed and four-day processing, but rates are quote-only.
Named Shariah board · est. 2008 · available across Kenya · Murabaha for goods; Tawarruq for services (both named on page)
Score breakdown
Shariah integrity
34/35
Transparency
18/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B
KCB Sahl BankingHigh confidence
Murabaha facilities with unusually honest contract naming including Liquidity Murabaha, and printed costs of 2.5% documentation plus 0.54% risk margin, though the core profit rate is quoted in-branch.
Shariah board documented in press, not self-published · est. 1896 · available across Kenya · Secured Murabaha / Liquidity Murabaha / Diminishing Musharaka
Score breakdown
Shariah integrity
28/35
Transparency
14/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B
Absa Bank Kenya La RibaHigh confidence
Fixed-profit Murabaha-grounded personal finance to KES 6 million with the market's most granular printed eligibility channels, though the fixed rate itself is not printed.
Shariah board documented in press, not self-published · est. 1916 · available across Kenya · Fixed-profit personal financing (Murabaha-grounded)
Score breakdown
Shariah integrity
28/35
Transparency
13/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B-
Crescent Takaful SaccoAwaiting verified dataMedium confidence
The rare product with a genuine zero-profit option: E-Kash prints a Qard-Al-Hassan variant alongside Commodity Murabaha with full documentation fee bands, verified from archive snapshots of an unlicensed SACCO.
No public Shariah review · est. 2013 · available across Kenya · Qard-Al-Hassan or Commodity Murabaha mobile microfinance
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
National Bank of Kenya - National AmanahAwaiting verified dataHigh confidence
Kenya's largest printed halal unsecured facility, KES 8 million over 84 months via employer check-off, from the window with the sector's weakest Shariah disclosure: no board, contracts or rates anywhere.
No public Shariah review · est. 1968 · available across Kenya · Unsecured Shariah-compliant financing (contract not disclosed)
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
Taqwa SACCOAwaiting verified dataHigh confidence
Emergency financing to KES 200,000 over 12 months on the SACCO's fee-based no-riba model, with the fee schedule quoted at application rather than printed.
No public Shariah review · est. 1998 · available across Kenya · Fee-based emergency financing
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026

Islamic Business Financing

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Murabaha, Musharakah and Ijarah financing for farms, micro-enterprises and small businesses.

A-
Gulf African BankHigh confidence
The strongest SME shelf in Kenyan Islamic banking: a printed asset-class ratio matrix, an AGF-guaranteed unsecured facility to KES 5 million and property finance ratios printed, with profit rates quote-only.
Named Shariah board · est. 2008 · available across Kenya · SME asset finance with printed ratios; contract not named on page
Score breakdown
Shariah integrity
34/35
Transparency
19/20
Cost / value
8/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B+
Premier Bank KenyaMedium confidence
Working capital under a printed Diminishing Musharaka sale-and-leaseback contract to 36 months, an unusual structure to see named, but nothing about its cost is published.
Named Shariah board · est. 2008 · available across Kenya · Diminishing Musharaka sale-and-leaseback working capital, up to 36 months
Score breakdown
Shariah integrity
34/35
Transparency
15/20
Cost / value
4/15
Track record
10/10
Verified data
20/20
Recently verified Aug 2026
B-
Crescent Takaful SaccoAwaiting verified dataMedium confidence
Murabaha micro-asset finance with complete printed terms, KES 5,000 to 1 million at 12 to 18% flat with documentation fee bands, from archive snapshots of a SACCO outside SASRA supervision.
No public Shariah review · est. 2013 · available across Kenya · Murabaha micro-asset finance, 12-18% flat
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
Taqwa SACCOAwaiting verified dataHigh confidence
Savings-multiple business financing to KES 3 million over four years from the SASRA-licensed Islamic SACCO, priced by fees rather than riba, though the current fee schedule is not printed.
No public Shariah review · est. 1998 · available across Kenya · Savings-multiple business financing (Murabaha)
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026

Education Financing

Interest-free student financing for post-matric education.

B-
Crescent Takaful SaccoAwaiting verified dataMedium confidence
Edu-Kash prints a Service Ijara contract with per-term and per-semester limits, documentation fees and 12 to 18% expected profit, verified from archive snapshots of an unlicensed SACCO.
No public Shariah review · est. 2013 · available across Kenya · Service Ijara school fees finance, 12-18% expected profit
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026
B-
Taqwa SACCOAwaiting verified dataHigh confidence
School fees financing to KES 500,000 over 24 months on Taqwa's fee-based no-riba model, from Kenya's only SASRA-licensed Islamic SACCO, with charges quoted at application.
No public Shariah review · est. 1998 · available across Kenya · Fee-based education financing
What we're missing to score higher:
- No public Shariah review on file
- Board members / scholars not named
Recently verified Aug 2026

How the grades work

Pillar	Points	What we measure
Shariah integrity	35	Strength of oversight: formal Shariah board (strongest) → third-party certification → named scholar → no public review (weakest). Claims require published evidence; an unsubstantiated “formal board” scores at the named-scholar tier.
Transparency	20	Are the board members named? Is the oversight detail published? Are real fee and rate numbers in plain sight? Plus data completeness: the more of their profile a provider shares, the more they earn. Disclosure always beats silence.
Cost / value	15	Pricing transparency, not price level: publishing actual declared rates, spreads, fees or expense ratios scores; pointing customers to an unpublished Schedule of Charges does not. Where nothing numeric is on file the pillar scores a conservative floor and is flagged.
Track record	10	A legitimacy check, not a longevity contest: at least a year in operation earns full marks. Decades in business don't add points, but brand-new pop-ups and undisclosed founding dates can't hold a top score.
Verified data	20	How recently our editorial team verified the provider's data against its published pages and documents. The credit decays when verification goes stale, so a strong grade cannot coast on old data. Coverage is displayed but never scored.
Editor's pick	4	Positive-only editorial points for real, documented benefits no rubric can quantify. Awarded only with a published rationale. A perfect 100 requires it, but an A doesn't.

Letter scale

A 90+ · A- 85+ · B+ 78+ · B 70+ · B- 0+. B− is the floor: it means we don't yet have enough verified information to score the provider higher, not that the provider is bad. Floor-tier rows show what's missing instead of a numeric score. Products with structural red flags, such as undisclosed riba, are removed from the Index rather than graded.

Verified data decays

Verified data is worth 20 points, a fifth of the grade. Past 30 days without re-verification the credit decays (minus 8, then minus 14 at 60 days, minus 20 at 90) until the data is confirmed again, so stale data cannot keep a strong grade.

The Index is an editorial transparency rating, not a religious ruling or financial advice. Grades are computed from HalalWallet's provider registry, reviewed before publication, and recomputed when the underlying data changes. Confidence labels reflect how complete a provider's verified data is. Providers cannot pay for a grade. See our methodology for how the registry itself is built.

Frequently Asked Questions

How to cite this page

Preferred format:

HalalWallet. “The Halal Money Index.” HalalWallet, https://www.halalwallet.co.ke/halal-money-index. Accessed 2026-08-13.

For time-sensitive claims (rates, fees, state availability), please verify directly with the provider's official documentation and note the retrieval date.

Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.