The vision behind Safa

Investing in line with your faith should be simple, clear and trusted.

We are building Safa-invest so Muslims never have to choose between growing their wealth and keeping it halal. Every share, ETF and digital asset in the app is screened against AAOIFI standards and approved by a Shariah scholar, so "is this permissible?" is answered before you ask it.

Ask Safa a question → Read our vision

Scholar-approved onlyNo interest, no leveragePurification made easy

Portfolio09:41

Total value€18,240.55▲ €1,312.40 since start

Global Islamic Equity ETF€9,860.10Sharia approved

Healthcare company€4,215.00Sharia approved

Industrial company€1,980.45Not Sharia-approved for 15 days

To purify€6.82

Impure share of your dividends

Illustrative example, not real holdings

Our vision

A world where halal investing is the easy choice, not the hard one.

Too many Muslims leave their savings idle because they cannot tell which investments are permissible. Others invest and quietly worry. Safa exists to remove that doubt. Sharia governance sits at the centre of everything we build, and nothing reaches you until a scholar has approved it.

Clarity

Every instrument shows its Sharia status, and every cost is shown before you act. No small print, no guesswork.

Trust

Scholars decide, not algorithms alone. Every verdict is logged with its reason and the methodology it used.

Access

Halal investing for everyone, from a first monthly savings plan to an account for your children.

Purity

Compliance does not stop at the purchase. Holdings are re-screened, and impure income can be purified easily.

What we're building

One app for halal investing, from your first euro onwards.

Everything in Safa passes Sharia screening first. Anything that has not is simply not available.

Shares & ETFs

Only approved instruments, ever

Search any share or ETF and see its Sharia status at a glance. Approved instruments can be bought on the gettex exchange; everything else is blocked.

Global Islamic Equity ETFApproved

Pharmaceutical companyApproved

Conventional bankNot available

Purification

Purify your returns easily

Safa estimates the impure share of your dividends and gains, and you donate it to charity.

€6.82to purify
(example)

Savings plans

Invest steadily

Choose an amount, an instrument and a date once. If an instrument ever loses approval, its plan pauses.

€150 · every 1st of the month

Digital assets

Approved crypto

A short list of Sharia-approved digital assets in segregated wallets at Tangany, next to your shares.

Spot only · no leverage

Transfers

Make a portfolio halal

Bring holdings from another broker. Each position is screened on arrival, and you can sell anything non-compliant^*.

12 screened · 1 flagged

Junior accounts

Start the next generation early

Parents can invest for their children as legal guardians. When the child turns 18, the account becomes their own.

* You can sell an instrument, even one that is not Sharia-compliant, if it is traded on a regulated market the bank can access, as set out in its General Customer Information under § 63 (7) WpHG. For trades on exchanges other than gettex, the bank's standard prices may apply.

Sharia screening

The engine suggests. The scholar decides.

Safa's Sharia Board sets the screening methodology. Every instrument is checked against it, and a Shariah scholar gives the final verdict before it appears in the app.

1
Screened against AAOIFI Standard 21Financial ratios and business activity are checked automatically, looking through to fund holdings where data is available.
2
Reviewed by a Shariah scholarDoubtful cases go to a scholar, who approves, rejects with a written reason, or asks for more information.
3
Only approved instruments appearThe approved list is published to the app. Everything else is blocked at the order screen.
4
Re-screened on a scheduleApproval is not permanent. If a holding turns non-compliant, new buys stop at once, and investors are informed and can sell^*.

Screening thresholds

Methodology v1.2 · AAOIFI SS 21

Non-compliant business activity≤ 5%

Interest-bearing debt≤ 30%

Cash and interest-bearing assets≤ 30%

Impure income≤ 5%

Ratios are measured against trailing 36-month market capitalisation. Nine sectors are excluded outright. Every verdict is logged with the methodology version it used.

Principles

The rules Safa will not bend

ربا

No riba

Your cash account earns no interest, and Safa never lends to you.

غرر

No gharar

No leverage, short selling, margin or derivatives. Every cost is shown before you order.

أمانة

Amanah

Your money never passes through Safa. It sits in your own account at Baader Bank.

طهارة

Tahara

Impure income is estimated for you, so purifying your wealth is just a transfer, not a calculation.

Ask Safa

Got a question? Ask it here.

Ask about the app, about Islamic finance, or about accounting and tax for your investments. Answers are written live and explain the reasoning, including where scholars differ.

SafaAnswers on the app, Islamic finance and accountancy

Example

What happens if a share I own stops being halal?

Safa

Every instrument in Safa is re-screened on a schedule. If one fails, a Shariah scholar confirms the new status.

From that moment you can no longer buy more of it, and any savings plan on it is paused. You get a notification with the information, so you can react.

General guidance for learning, not a fatwa, tax advice or investment advice. For a ruling on your own situation, ask a qualified scholar or tax adviser.

Frequently asked

Short answers to common questions

Can't find yours? Ask Safa and get an answer in seconds.

The app

Where is my money held?

Your cash and securities are held by Baader Bank in an account in your name. Digital assets are held in segregated wallets at Tangany. Client money never passes through Safa.

Who regulates Safa?

Safa GmbH provides investment brokerage services as a tied agent, in the name and for the account of DonauCapital Wertpapier GmbH, a financial services institution licensed and supervised for this purpose by BaFin. Orders are executed by Baader Bank.

How do I get help?

Our support team answers by chat and email in several languages. Payment, transfer and Sharia questions go to the Safa operations team.

Shariah finance

What is AAOIFI Standard 21?

A widely used Islamic finance standard on shares and stocks. It sets limits on debt, interest-bearing assets and impure income, and excludes businesses whose core activity is impermissible.

Why does Safa pay no interest on cash?

Interest is riba, which Islam prohibits. Uninvested cash sits in your account without earning interest.

What is purification?

Even approved companies can have a small share of impure income. Purification means giving that share of your dividends and gains to charity. Safa estimates it for you.

Is crypto halal?

Scholars differ. Safa offers only a short list of digital assets its Sharia Board has approved, bought spot with no leverage.

Accountancy & tax

How are investment gains taxed in Germany?

Gains and dividends are subject to a flat 25% withholding tax, plus solidarity surcharge and church tax where it applies. The first €1,000 a year per person (€2,000 for couples) is tax-free with an exemption order.

Do I pay zakat on my shares?

Most scholars say yes, though they differ on how to value them. A common approach for long-term holdings is to pay on the zakatable share of the company's assets; for shares bought to trade, on their full market value.

What records should I keep?

Keep your contract notes, annual tax statements and purification donations. They make your tax return and zakat calculation much easier.

Wealth that grows, with a clear conscience.

Ask Safa a question →