A fatwa is an Islamic legal opinion issued by qualified Shariah scholars (known as muftis) on matters of Islamic law. In finance, a fatwa confirms whether a financial product, service, or investment platform operates in accordance with Shariah principles. For Muslim investors, a fatwa provides assurance that their investments align with their faith and ethical values.
CUSP Wealth's Fatwa Certification
CUSP is proud to be the first AI-powered investment platform to receive an official Fatwa Certificate. This certification confirms that CUSP Wealth's platform and investment screening methodology comply with Islamic principles.
When you invest through CUSP Wealth's Shariah-compliant options, you can feel confident that your investments have been reviewed and approved by qualified Islamic scholars.
Our Shariah Supervisory Board
CUSP Wealth has appointed Amanie Advisors Ltd., a DIFC-licensed firm, as our Shariah advisor. Amanie Advisors administers CUSP Wealth's Shariah Supervisory Board, which is responsible for reviewing and overseeing our adherence to Shariah standards. The Board comprises distinguished and recognised Shariah scholars who periodically review and evaluate CUSP Wealth's products and services to ensure continued compliance with Shariah principles.
Which standards does CUSP Wealth follow?
CUSP Wealth follows the respected AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) standards for Shariah compliance. Our screening methodology evaluates:
Business activities — Ensuring companies do not operate in prohibited industries
Financial ratios — Checking debt and leverage levels against Shariah thresholds
Interest income — Screening for impermissible interest-based revenue
Non-compliant revenue sources — Identifying and filtering prohibited income streams
How do I access Shariah-compliant investments on CUSP Wealth?
All Shariah-compliant investment options are clearly labelled within the CUSP app. You can use the Islamic filter to view only those investments that meet Shariah requirements. CUSP Wealth's Shariah-compliant offerings include specialised ETFs and screened individual stocks, giving you the tools to build a portfolio that reflects your values.