Manzil Invest USA
Manzil Invest USA is an SEC-registered investment adviser offering a Shariah-compliant investment platform for individual Muslim investors in the United States, featuring managed portfolios, self-directed Halal trading, and the proprietary MNZL ETF.
- Company typePrivate
- Founded-
- HeadquartersDallas, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Manzil Invest USA does
Manzil Invest USA operates as a Shariah-compliant investment platform targeting individual Muslim investors in the United States. The company is structured as Manzil Investment Advisors, LLC, an SEC-registered investment adviser headquartered in Dallas, Texas with a 12-person team founded in 2024. The platform offers self-directed Halal trading, professionally managed portfolios, tax-advantaged retirement accounts (Traditional and Roth IRAs), and the proprietary MNZL Halal ETF, all filtered through a three-layer Shariah governance framework that adheres to AAOIFI standards with independent external Mufti audits and a Shariah Supervisory Board.
The technology stack is a mobile-first digital platform accessible via native iOS and Android applications and a web interface. Securities execution and custody are delegated to Alpaca Securities as the core brokerage partner. The platform's differentiators are domain-specific compliance tooling — Shariah screening, purification calculation, and the AAOIFI governance process — rather than proprietary AI, quantitative models, or alternative data assets. There are no disclosed patents, no AI/ML modalities, and no API or SDK offerings; the product is a closed consumer app and web experience.
The business model is asset-based advisory fees typical of a registered investment adviser, monetized through managed portfolio fees, ETF management fees on MNZL, and trading-related revenue. Distribution is entirely product-led and self-serve, with customer acquisition driven by the Halal Finance Hub content marketing blog, organic social media (Instagram, LinkedIn, Facebook), and app store presence. There is no enterprise sales motion, no institutional customer segment, and no disclosed funding to date.
Manzil Invest USA firmographics
Firmographics- Name
- Manzil Invest USA
- Legal name
- Manzil Investment Advisors, LLC
- Website
- https://manzil.us
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Manzil Invest USA is an SEC-registered investment adviser offering a Shariah-compliant investment platform for individual Muslim investors in the United States, featuring managed portfolios, self-directed Halal trading, and the proprietary MNZL ETF.
- Ownership category
- akta.pro rank
Manzil Invest USA industry classification
Industry- Product category
- Halal Investment Platform (Shariah-Compliant Wealth Management)
- NAICS
- Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Islamic Private Banking & Wealth (FSABAGAD)
- akta.pro secondary industries
- Shariah Governance, Compliance & Advisory (Shariah Boards, Audit, Fatwa) (FSABAGAJ), Islamic Deposit & Account Products (Current/Savings/Investment Accounts) (FSABAGAI)
Keywords
Where Manzil Invest USA is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Manzil Invest USA business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Others
Revenue model
- Investment Advisory Services: Manzil Investment Advisors, LLC provides investment advisory services to clients. The company is a registered investment adviser that charges fees for portfolio management and investment advice. Fee information is available through their disclosure documents including the Client Relationship Summary and Wrap Fee Brochure.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Manzil Invest USA product offering
Product offeringCore offering
Manzil Invest USA operates a Shariah-compliant (Halal) investment platform that enables individual Muslim investors in the United States to open taxable and retirement accounts, invest in managed portfolios or self-directed halal securities, and access a proprietary ETF. Investment advisory services are delivered through Manzil Investment Advisors, LLC, an SEC-registered investment adviser, while brokerage execution and custody are provided via Alpaca Securities. All offerings are screened and verified under an AAOIFI-aligned Shariah governance framework with independent Mufti audits.
Product overview
Manzil Invest USA operates as a unified halal investment platform offering a comprehensive suite of Shariah-compliant investment products and account types. The core offering includes the Manzil Invest platform with Managed Portfolios, self-directed Halal Trading, and the proprietary MNZL ETF. Users can access these through standard Investment Accounts, Traditional IRAs, and Roth IRAs. The platform is accessible via web and native mobile applications (iOS/Android). All offerings undergo rigorous Shariah compliance verification through an independent Supervisory Board adhering to AAOIFI standards.
Differentiator
Problem solved
Functional benefit
Brands
- MNZL ETF: Halal ETF offered by Manzil Invest.
Products and services
- Manzil Invest Platform
Companies that use Manzil Invest USA
Customer profileSegments1 record
Ideal customer profiles1 record
Manzil Invest USA technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Manzil Invest USA partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights5 records
Manzil Invest USA competitors and assessment
Company assessmentBroad incumbents
- Acorns: Acorns is a US consumer investing app focused on micro-investing, retirement, and checking products for retail investors. Comparable to Manzil in mobile PLG distribution and IRA offerings, but lacks Halal-specific compliance and Shariah governance infrastructure.
- Robinhood: Robinhood is the dominant US retail brokerage with a mobile-first interface, fractional shares, and IRAs. It competes with Manzil for the same individual investor wallet but lacks Shariah-specific compliance, screening, and Halal ETF offerings.
- Wealthsimple: Wealthsimple is a large Canadian consumer fintech offering self-directed trading, managed portfolios, and retirement accounts. It overlaps with Manzil in product surface (mobile app, managed portfolios, IRAs) but operates at much greater scale and serves a broader (non-Halal-specific) audience.
- Betterment: Betterment is a leading US robo-advisor offering managed portfolios and IRAs with a digital-first experience. Comparable to Manzil in managed-portfolio and IRA product surface, but operates at much greater scale and lacks Shariah-specific compliance infrastructure.
Direct peers
- Sarwa: Sarwa is a digital investment platform serving the MENA region with managed portfolios and self-directed brokerage access. It overlaps with Manzil in product architecture (mobile-first PLG platform, managed + self-directed) and in Shariah-aware offerings for Muslim retail investors.
- Wahed Invest: Wahed Invest is a global Halal investment and savings platform offering managed portfolios, ETFs, and retirement accounts under Shariah supervision. It is the closest direct competitor to Manzil in the US Halal investor segment, with overlapping product set (managed portfolios, IRAs, ETFs) and a similar AAOIFI-style compliance posture.
Emerging players
- Islamicly: Islamicly is a Shariah-screening and investment research tool that helps Muslim investors identify compliant stocks and funds. It is comparable to Manzil in serving the Halal-investor niche with compliance overlay, though its primary focus is screening/research rather than full brokerage execution.
- M1 Finance: M1 Finance is a US retail investment platform combining self-directed brokerage with automated portfolio rebalancing and IRAs. It overlaps with Manzil on account types and self-serve mobile investing, though it does not offer Shariah screening or purification tooling.
- Stash: Stash is a US mobile-first investment and banking platform offering managed portfolios, IRAs, and self-directed accounts to retail investors. It is comparable to Manzil in distribution model (mobile PLG, content-led acquisition) but targets a broader audience without Shariah specialization.
Regional players
- Ethis: Ethis is an Islamic fintech platform operating in Southeast Asia offering Halal investment and real estate crowdfunding opportunities. It is comparable to Manzil through its Shariah-compliance positioning and retail Muslim investor focus, but serves a different geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Manzil Invest USA social profiles
Digital presenceManzil Invest USA compliance and trust
Trust signalCompliance1 record
Manzil Invest USA financial estimates
Financial estimateRevenue estimate
Valuation estimate
Manzil Invest USA leadership team
Management profileNumber of profiles
Profiles1 record
Manzil Invest USA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Manzil Invest USA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Manzil Invest USA
What does Manzil Invest USA do?
Manzil Invest USA operates a Shariah-compliant (Halal) investment platform that enables individual Muslim investors in the United States to open taxable and retirement accounts, invest in managed portfolios or self-directed halal securities, and access a proprietary ETF. Investment advisory services are delivered through Manzil Investment Advisors, LLC, an SEC-registered investment adviser, while brokerage execution and custody are provided via Alpaca Securities. All offerings are screened and verified under an AAOIFI-aligned Shariah governance framework with independent Mufti audits.
Is Manzil Invest USA a public or private company?
Manzil Invest USA is a private company. It is classified as unknown and is currently operating.
When was Manzil Invest USA founded?
Manzil Invest USA was founded in -1. It employs 11 to 50 people.
Where is Manzil Invest USA based?
Manzil Invest USA is headquartered in Dallas, United States, in the North America region.
How does Manzil Invest USA make money?
One revenue line is on record: investment Advisory Services.
Who are Manzil Invest USA's main competitors?
Broad incumbents on record are Acorns, Robinhood, Wealthsimple and Betterment. Direct peers are Sarwa and Wahed Invest. Emerging players are Islamicly, M1 Finance and Stash. Ethis is listed as a regional player.
Does Manzil Invest USA have an API?
No public API is recorded for Manzil Invest USA.
What industry is Manzil Invest USA in?
Manzil Invest USA's product category is Halal Investment Platform (Shariah-Compliant Wealth Management). Its primary akta.pro industry code is FSABAGAD, Islamic Private Banking & Wealth, with a secondary code of FSABAGAJ, Shariah Governance, Compliance & Advisory (Shariah Boards, Audit, Fatwa). Its NAICS code is 52394 and its SIC code is 6282.