Grow your wealth, the halal way.
mCapital Brokerage exists so that every Bangladeshi Muslim can invest in the Dhaka Stock Exchange with confidence — knowing their portfolio stays aligned with their faith, every single day.
Our mission
Faith and finance should never be a trade-off.
For millions of Bangladeshis, the stock market has felt off-limits — not because of money, but because of uncertainty. Is this company halal? What is it actually earning from? Without clear answers, many step away from investing entirely, and their savings quietly lose value to inflation.
We started mCapital Brokerage to remove that uncertainty. We screen the entire Dhaka Stock Exchange against Islamic principles, explain every verdict, and give people the tools to invest on their own terms — whether that means picking their own stocks or trusting a managed halal portfolio.
Our goal is simple: make halal investing the easiest, clearest choice for every Muslim in Bangladesh.
Coming to the Dhaka Stock Exchange
DSE trading is coming soon upon our license approval. We are working through the regulatory licensing process and will bring Shariah-screened Dhaka Stock Exchange access to the mCapital app as soon as our license is secured — waitlist members will be onboarded first.
Leadership
Founded by people who live this mission.
mCapital was founded to solve a problem its founders felt personally — investing with confidence while staying true to their faith.
Faisal Alam
Co-Founder & CEO
Faisal leads mCapital’s vision to make halal investing accessible to every Bangladeshi at home and abroad — pairing Islamic finance principles with modern, AI-native technology.
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Arman Chowdhury
Co-Founder & CFO
Arman leads mCapital’s finance, compliance, and the diaspora hub network — building the rails that let NRBs invest compliantly across 30 countries.
Connect on LinkedInAn independent Shariah Supervisory Board.
Every product, fund, and screening decision at mCapital is designed to be reviewed and certified by an independent board of qualified Islamic finance scholars — the ultimate authority on our compliance. We are in the process of appointing our founding board and will publish each member's name, credentials, and fatwa here.
See our screening methodologySeat 1
Scholar to be announced
Seat 2
Scholar to be announced
Seat 3
Scholar to be announced
Certification pending: until the Shariah Supervisory Board is formally appointed and issues its ruling, all Shariah screening reflects an AAOIFI-based methodology and should be considered preliminary.
Three ways to invest, guided by your faith.
Choose the path that fits you today — and switch anytime as your confidence grows.
Discover
Research every DSE-listed company with a clear halal or not-halal verdict and the reasoning behind it — business activity and financial-ratio screening in plain language.
Self-directed investing
Buy and sell Shariah-compliant stocks yourself, with live prices, fractional lots, and instant funding — order routing powered by Alpaca infrastructure.
Managed portfolios
Prefer a hands-off approach? Invest in ready-made halal portfolios that our team builds, monitors, and rebalances across equities, sukuk, and gold.
What we stand for
The principles behind every decision.
Faith first, always
Every feature is measured against one question: does it keep our members’ wealth halal? Compliance is never an afterthought — it is the product.
Radical transparency
We tell you why a stock passes or fails, where your money goes, and exactly what each fee is for. No hidden spreads, no surprises.
Education over hype
Markets reward patience, not panic. We build tools and content that make you a calmer, more informed investor — not a compulsive trader.
Frequently asked questions
How does mCapital decide whether a DSE stock is halal?+
We screen every listed company using a methodology based on AAOIFI standards. First we check the core business activity for prohibited sectors (interest-based finance, alcohol, gambling, and similar). Then we apply financial-ratio screens covering interest-bearing debt, non-compliant income, and liquid assets. Each stock gets a clear verdict with the reasoning shown.
Can I invest in the Dhaka Stock Exchange while following Islamic principles?+
Yes. mCapital identifies Shariah-compliant DSE stocks and lets you build a portfolio that aligns with both your financial goals and your values. You can review each company’s compliance report before you invest.
What powers the trading and market data?+
mCapital Brokerage runs on Alpaca’s brokerage infrastructure for account management, order routing, and market data — so funding, execution, and reporting are handled by battle-tested, institutional-grade systems.
Do you offer professionally managed halal portfolios?+
Yes. Alongside self-directed trading, mCapital Plus members can invest in managed halal portfolios that are built, monitored, and rebalanced by our team, diversified across Shariah-compliant equities, sukuk, and gold.
Is this a live brokerage today?+
This is an early product experience. Market data and trading are currently simulated for demonstration. Live trading through Alpaca is on our roadmap and will roll out to waitlist members first.
Start your halal investing journey.
Screen DSE stocks, invest on your own, or choose a managed halal portfolio — all in one app, aligned with your values.
Open the app