Musaffa

About the offering

Musaffa is a U.S.-based fintech company building the world's first fully integrated halal investing and financial intelligence platform, serving the global Muslim community and the broader ethical finance market. Founded in 2020 in New York City, the company is now a U.S. SEC-Registered Investment Adviser with offices in New York, Dubai, and Tashkent. The Problem Of $411 trillion in global liquid assets, only 12.6% are Shariah-compliant, leaving a $52 trillion+ market untapped. Over 400 million Muslims face barriers to halal investing due to fragmented platforms, limited education on Islamic finance, and restricted investment options (Muslims cannot invest in non-Shariah-compliant products like derivatives, bonds, and most stocks/ETFs). The Solution Musaffa provides an end-to-end platform covering five key functions: Learn (Musaffa Academy for Islamic finance education), Screen (halal stocks and ETFs screener covering 120,000+ stocks and 9,000+ ETFs globally), Research (fundamental analysis tools and investment checklists), Invest (portfolio monitoring, halal trading platform, and customized portfolios with smart notifications), and Purify (tools to donate non-halal profit portions and calculate Zakat). Traction The company reports 591,158 users from 200 countries (360% annualized growth), $114.50 million in linked assets monitored for Shariah compliance over the last 18 months, 885% year-over-year B2C revenue growth (2023-2024), 4.8-star app rating with 8,000+ verified reviews, and recognition as the #1 global platform for screening halal stocks/ETFs and the #2 Islamic fintech company in the U.S. (per Salaam Gateway). Product Milestones 2020 saw the company's founding with three co-founders. By 2021, they launched the web platform covering 12 countries. 2022 brought mobile apps covering 50,000+ stocks and six B2B partnerships. 2023 included the world's first Shariah-compliant ETF screener launch and expansion to 50+ team members. 2024 featured portfolio integration with 15 brokerages and new offices. 2025 delivered the global halal trading system launch and SEC RIA registration. Shariah Governance The platform's Shariah board includes Shaikh Dr. Aznan Hasan (AAOIFI board member, Malaysia) and Mufti Faraz Adam (head of Amanah Advisors, UK), who continuously monitor operations for Shariah compliance. Team The leadership team includes Co-founder and CEO Dilshod Jumaniyazov (who met Warren Buffett while president of the University of Tennessee Investment Group), Co-founder and COO Akram Jagirdar, and Chief Legal Officer Rinat Ziyodillaev. The company employs 55+ tech and finance professionals with combined experience of 150+ years. Current Fundraise Musaffa has raised $6.6 million from 1,248 investments across 50+ countries. The current growth round targets $5 million with a $2 million institutional lead commitment from UCEA Capital Partners. Shares are priced at $2.87 with a $1,001.63 minimum investment through DealMaker Securities. The founder has committed $250,000 in personal capital. Investor Perks Investment tiers offer subscription discounts ranging from 1 year free on the Invest Plan (at $1,001.63+) to 6 years free (at $50,000+), with corresponding Pro Plan discounts. Market Opportunity The company targets the 2 billion global Muslim population and the growing ethical finance segment, citing a $52 trillion+ halal investing market opportunity worldwide.

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