Manzil Investment Advisors LLC, a subsidiary of Canadian Islamic fintech Manzil, has introduced Manzil Invest USA, a new digital platform offering Shariah-compliant investment solutions specifically tailored for the American Muslim community, leveraging a strategic partnership with self-clearing broker-dealer Alpaca.The launch aims to provide customers with access to a wide range of pre-determined halal investment strategies, furthering Manzil’s mission to simplify investing and saving for Muslims across North America. Alpaca, which provides brokerage infrastructure APIs, powers the platform.Dr. Mohamad Sawwaf, Group CEO of Manzil, highlighted the market need: “There are several million Muslims in the USA, many of whom feel excluded from the financial tools and advantages that their peers have access to.” He added that despite a desire to invest, only approximately one-third of S&P 500 stocks comply with Islamic beliefs, leading many Muslims to avoid the public stock market entirely in the absence of suitable platforms. Manzil Invest USA seeks to remove these complexities, offering expertly managed and diversified portfolios that align with customer investment goals and risk tolerance.To ensure adherence to both Islamic and ethical investing principles, all securities on the Manzil Invest USA platform are pre-screened by Manzil according to the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) standards. These are further filtered through the American Friends Screening Committee (AFSC) criteria.Yoshi Yokokawa, CEO and Co-founder of Alpaca, commented on the collaboration: “Our partnership with Manzil underscores Alpaca’s commitment to fostering financial innovation and accessibility. We are excited to support Manzil’s vision for inclusive finance by providing the infrastructure they need to deliver Shariah-compliant investment opportunities to millions of Muslims in the United States.” Beyond investment tools, the platform also provides educational resources designed to assist users in making informed financial decisions and planning for their future.The Manzil Invest USA platform is currently available for download on both the Apple App App Store and Google Play Store.Manzil is recognized as Canada’s first AAOIFI-member Islamic FinTech company, offering a suite of Shariah-compliant financial solutions including mortgages, investments, wills, and savings. The company is committed to delivering inclusive, ethical financial alternatives tailored to Muslim consumers. Alpaca, a US-headquartered self-clearing broker-dealer, provides brokerage infrastructure for various asset classes and 24/5 trading. It has raised over USD170 million in funding and is supported by global investors such as Portage Ventures, Spark Capital, and Y Combinator.It is important to note that Alpaca does not make representations that its products or services are Shariah-compliant, and customers are solely responsible for determining whether any offering meets their own Shariah requirements. All investments involve risk. Brokerage services are provided by Alpaca Securities LLC (member FINRA/SIPC), a subsidiary of AlpacaDB, Inc.