Marketscreener.com Reviews

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After careful evaluation of Marketscreener.com, We give it a Trust Score of 1.5 out of 5 stars.

Marketscreener.com positions itself as a comprehensive financial data and news platform, offering a wide array of information on equities, indices, currencies, commodities, and cryptocurrencies.

While the site presents a vast amount of data and various analytical tools, its heavy emphasis on speculative financial instruments like stocks, forex, commodities, and particularly cryptocurrencies raises significant ethical concerns from an Islamic perspective.

The core functions of the platform revolve around activities that often involve Riba interest, Gharar excessive uncertainty or speculation, and Maysir gambling, which are explicitly forbidden in Islamic finance.

The website’s homepage immediately throws a user into a whirlwind of market movements, showcasing “Top Gainers & Losers,” “Unusual volumes,” and “New Historical Highs/Lows.” This focus inherently promotes short-term trading and speculative investments, rather than long-term, asset-backed, and ethically sound ventures.

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For instance, the “Stock Trading Strategies” section actively encourages “BUY” signals based on technical analysis, which is a hallmark of speculative trading.

The inclusion of “Cryptocurrencies” and their related “Charts” and “Analysis” further compounds the issue, as the permissibility of cryptocurrencies themselves is a debated topic in Islamic jurisprudence, with many scholars leaning towards impermissibility due to their speculative nature, lack of underlying assets, and potential for fraud.

Moreover, the detailed listings of P/E ratios, enterprise values, and various technical indicators like RSI and GAPS are all tools primarily used for conventional stock market speculation, which can lead to excessive risk-taking and wealth accumulation through means that are not aligned with Islamic principles of justice and equitable distribution.

The “Investment Styles” section, featuring “Trend-Following Stocks” and “Multibaggers,” explicitly promotes strategies aimed at maximizing returns through market timing and aggressive growth, often overlooking the ethical sourcing or real-world utility of the underlying assets.

While the site does list “Islamic Finance” under its ESG rankings, this solitary mention appears almost as an afterthought, overshadowed by the overwhelming focus on conventional, interest-based, and speculative market activities.

There’s no clear indication or strong emphasis on Shariah-compliant screening for the vast majority of assets listed, nor is there a robust framework to guide users toward ethical investments that avoid Riba, Gharar, and Maysir.

The website’s heavy reliance on news related to geopolitical conflicts, oil price volatility, and economic forecasts further underscores its orientation towards short-term market reactions and speculative gains, rather than long-term, productive investments in real assets.

The overall impression is that Marketscreener.com is designed for those engaged in conventional trading and investment, making it largely unsuitable for individuals seeking to adhere strictly to Islamic financial principles.

The lack of prominent, integrated Shariah compliance checks for listed companies, bonds, or other financial instruments means that a user would have to undertake significant independent research to ensure their investments are permissible, defeating the purpose of a comprehensive financial platform.

This makes it challenging for Muslims to navigate the platform in an ethical manner without compromising their values.

Overall Review Summary:

  • Purpose: Financial data, news, and analysis for various markets.
  • Main Focus: Equities, indices, currencies Forex, commodities, and cryptocurrencies.
  • Ethical Concerns Islamic Perspective:
    • Riba Interest: The platform facilitates access to instruments and markets e.g., bonds, interest-bearing accounts, certain derivatives where interest is a fundamental component, even if not directly advertised.
    • Gharar Excessive Uncertainty/Speculation: Heavy emphasis on short-term trading, technical analysis, and volatile markets like forex and cryptocurrencies inherently involves high levels of uncertainty, which is discouraged.
    • Maysir Gambling: The speculative nature of many featured instruments and trading strategies can resemble gambling, where wealth is gained at the expense of others without real economic contribution.
    • Lack of Shariah Compliance Screening: While “Islamic Finance” is mentioned under ESG, there’s no integrated, transparent, and robust mechanism to filter or highlight genuinely Shariah-compliant investment opportunities across the broad range of assets it covers. Users are left to their own devices to verify permissibility.
    • Promotion of Unethical Investment Styles: Styles like “Trend-Following Stocks” and “Multibaggers” prioritize rapid, often speculative, gains over ethical investment criteria.
  • Trust Score: 1.5/5 stars due to the inherent nature of the financial activities it promotes and its lack of clear, pervasive Shariah compliance features.
  • Is Marketscreener.com Reliable?: From a technical data provision standpoint, it appears to aggregate a wide range of market data and news from various sources, making it functionally reliable for tracking market movements and company information. However, its reliability in guiding users towards ethically permissible investments from an Islamic standpoint is extremely low.
  • Is Marketscreener.com Free?: The homepage indicates both “Log In” and “Email Registration” options, implying a freemium model where basic access might be free, but advanced features, tools like “Stock Screener PRO,” “Portfolio Creator,” “Event Screener”, and premium content likely require a subscription. The presence of “Our subscriptions” explicitly confirms paid tiers.
  • What is Marketscreener.com?: It’s a global financial portal providing real-time and historical data, news, analysis, and screening tools for various asset classes, primarily focused on facilitating investment and trading decisions in conventional financial markets.
  • Is Marketscreener.com Legit?: The domain has existed since 2001, with regular updates and clear WHOIS information Gandi SAS registrar. It is not blacklisted, and its DNS records appear standard. This suggests it’s a legitimate, long-standing company, not a fly-by-night operation or a scam. The issue is not its legitimacy as a business, but the ethical permissibility of the financial activities it promotes.

This platform, while offering extensive financial data, largely operates within the framework of conventional finance, which heavily relies on interest-based transactions, speculative trading, and other practices considered impermissible in Islamic finance.

For individuals committed to ethical financial dealings, the pervasive nature of these non-compliant elements makes Marketscreener.com an unsuitable choice.

It essentially serves as a tool for engaging in activities that carry significant ethical liabilities from an Islamic perspective, leading to gains that may not be considered pure or permissible.

Instead of navigating such ethically challenging waters, it’s far wiser to seek platforms and tools specifically designed for or aligned with Islamic financial principles, emphasizing real economic activity, asset-backed investments, and profit-and-loss sharing.

Here are the top 7 alternatives that align with ethical principles, focusing on real economic value and avoiding interest-based transactions, excessive speculation, and gambling.

These are not direct replacements for Marketscreener.com’s broad, conventional financial data, but rather offer tools and resources for ethical, productive investments and knowledge acquisition:

  • Wahed Invest

    • Key Features: Wahed Invest is a global Shariah-compliant robo-advisor that helps individuals invest in ethically sound portfolios. It offers diversified portfolios across various asset classes, including Sukuk Islamic bonds, global equities screened for Shariah compliance, and gold. It also provides educational resources on Islamic finance.
    • Price: Management fees typically range from 0.49% to 0.99% annually, depending on the account balance. Minimum investment can be as low as $100.
    • Pros: Fully Shariah-compliant, diversified portfolios, low minimums, accessible through a user-friendly app and web platform, automated rebalancing, global reach.
    • Cons: Limited customization of portfolios, fees apply, not suitable for active day trading as it focuses on long-term ethical investing.
  • Amanah Ventures

    • Key Features: Amanah Ventures focuses on facilitating investments in real estate and ethical businesses. It often provides opportunities for direct investment in Shariah-compliant projects, emphasizing tangible assets and profit-and-loss sharing models. This contrasts sharply with speculative market trading.
    • Price: Varies significantly based on specific investment opportunities and their structures. It typically involves direct investment into projects, so it’s not a subscription service but project-specific funding.
    • Pros: Focuses on real, tangible assets, direct involvement in ethical business, potential for higher long-term returns from productive ventures, aligns with Islamic principles of wealth creation.
    • Cons: Less liquid than public markets, higher minimum investment amounts, opportunities may be less frequent, requires due diligence on each project.
  • Zoya App

    • Key Features: Zoya is a mobile application designed to help Muslim investors screen stocks for Shariah compliance. Users can search for specific stocks and get an instant Shariah compliance rating based on detailed criteria, including business activity, interest-bearing debt, and prohibited income.
    • Price: Offers a free tier with basic features and a premium subscription for advanced screening and portfolio analysis, typically around $10-$20 per month.
    • Pros: Excellent for individual stock screening, user-friendly interface, detailed Shariah compliance reports, supports conscious investment decisions, regularly updated.
    • Cons: Primarily a screening tool, does not offer brokerage services or market data aggregation like Marketscreener.com, requires separate brokerage account for trading.
  • IslamicMarkets.com

    • Key Features: This platform is a comprehensive hub for Islamic finance insights, news, and education. It provides articles, research papers, and market intelligence focused exclusively on the Islamic economy and Shariah-compliant financial products. It aims to inform and educate investors on ethical finance.
    • Price: Much of the content is free, with premium access to in-depth research and reports likely requiring a subscription.
    • Pros: Rich source of knowledge on Islamic finance, industry news, and trends, great for research and learning, connects users with thought leaders in the field.
    • Cons: Not a trading or investment platform, focuses more on information and education rather than real-time market data or tools for active trading.
  • Musaffa

    • Key Features: Musaffa provides Shariah-compliant stock screening and investment analysis tools. Similar to Zoya, it helps users determine the permissibility of individual stocks based on various Islamic financial guidelines. It also aims to offer a community aspect for ethical investors.
    • Price: Offers free basic screening with more in-depth features requiring a paid subscription, usually in the range of $15-$30 per month.
    • Pros: Reliable Shariah screening, useful for building a compliant stock portfolio, offers educational resources, active in promoting ethical investing.
    • Cons: Limited to stock screening, does not offer brokerage services or real-time market data for other asset classes like currencies or commodities, which are often speculative.
  • Investigate before you Invest Various Financial Literacy Resources

    • Key Features: This isn’t a single product but a collection of resources focusing on financial literacy, avoiding scams, and understanding investment basics. Websites like Investor.gov from the U.S. Securities and Exchange Commission provide unbiased information on investment products, risks, and regulatory protections. This promotes prudent financial planning over speculative gains.
    • Price: Free.
    • Pros: Empowers individuals with knowledge to make informed, safe financial decisions, helps identify and avoid fraudulent schemes, crucial for responsible wealth management.
    • Cons: Not specific to Islamic finance, requires users to apply ethical filters themselves, does not provide direct investment opportunities.
  • Community-Supported Agriculture CSA Programs

    • Key Features: While seemingly disconnected from financial platforms, CSAs represent a direct, ethical investment in real economic activity—sustainable agriculture. By subscribing to a CSA, individuals support local farmers and receive fresh produce, embodying principles of productive labor, shared risk, and direct benefit from tangible goods, rather than speculative financial instruments.
    • Price: Annual or seasonal subscription fees, typically ranging from $400-$800 per season, depending on the share size and farm.
    • Pros: Supports local economy, promotes sustainable practices, provides healthy food, aligns with principles of productive, real-world investment, avoids Riba and Gharar entirely.
    • Cons: Not a financial data or investment platform in the conventional sense, focus is on agriculture, not suitable for generating financial returns in the same way as capital markets.

It’s important to remember that true ethical investment, particularly from an Islamic perspective, goes beyond simply avoiding prohibited instruments.

It emphasizes real economic activity, productive assets, social responsibility, and transparent, fair dealings.

The alternatives listed aim to guide individuals towards these principles, moving away from the speculative and often interest-laden environment of conventional financial markets.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on our research and information provided by the company. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Marketscreener.com Review & First Look

Marketscreener.com positions itself as a comprehensive data powerhouse for investors and traders, offering an overwhelming amount of information across global financial markets.

From equities to cryptocurrencies, their homepage immediately showcases a dense dashboard of real-time market movements, news headlines, and various analytical tools.

It’s designed to give you a pulse on everything from the S&P 500 to the latest crypto movements.

They’ve got sections covering broad categories like “Equities,” “Indices,” “Currency / Forex,” “Commodities,” and “Cryptocurrencies,” each breaking down into further sub-categories like “Top Capitalization,” “Rankings,” “Analysis,” and “News.” The sheer volume of data is undeniable, with detailed listings of companies like Boeing, Tesla, and Oracle, alongside global indices, currency pairs like USD/EUR, and commodities such as gold and crude oil.

However, the primary focus of Marketscreener.com is on conventional financial markets and their associated instruments. Autonix.io Reviews

This is where, from an Islamic ethical standpoint, we hit some significant roadblocks.

The platform heavily emphasizes short-term market fluctuations, technical analysis, and speculative trading strategies.

For instance, sections like “Top Movers,” “Short-Term Gainers & Losers,” “Unusual volumes,” and “Daily Breakouts” are all geared towards rapid profit-taking based on market momentum rather than fundamental, long-term, and ethical investment in real assets.

While it provides factual market data, the context in which this data is presented and the tools it promotes overwhelmingly lean towards speculative practices.

This includes features like “Stock Trading Strategies” that issue “BUY” signals, encouraging users to engage in what can often be akin to gambling Maysir due to the high uncertainty and rapid turnover. Serpninja.io Review

The presence of detailed information on “P/E ratio,” “Enterprise value,” and “Yield” are standard metrics in conventional finance, but they exist within a system that often involves Riba interest at multiple levels, from company debt structures to the very financing mechanisms of trading.

Furthermore, the significant prominence given to “Cryptocurrencies” with sections for “Rankings,” “Charts,” and “Analysis” is a major point of concern.

The permissibility of cryptocurrencies in Islamic finance is a complex and highly debated issue, with many leading scholars advising against them due to their lack of intrinsic value, extreme volatility, and speculative nature, which can lead to excessive uncertainty Gharar. The homepage also highlights “Analyst Reco.” Recommendations and “Target price,” which are common in conventional finance but can lead to herd mentality and irrational exuberance, detaching investments from real economic productivity.

The single mention of “Islamic Finance” under “ESG MSCI” rankings appears to be a token inclusion, rather than a foundational principle guiding the platform’s offerings.

It suggests that Shariah compliance is a niche category they report on, not a filter or ethical guideline applied across their entire data set. Calmaraofficial.com Reviews

This means that users must independently verify the Shariah compliance of every company, index, or commodity listed, which is a monumental task given the platform’s breadth.

The interface, while content-rich, can feel overwhelming due to the sheer volume of information packed onto the homepage.

You’ve got live index tickers, news headlines, top/flop rankings, currency rates, and commodity prices all vying for attention.

While this might appeal to active traders who thrive on data overload, it doesn’t prioritize clarity or ethical guidance.

The absence of prominent disclaimers about the speculative nature of certain investments or clear pathways to Shariah-compliant alternatives is a glaring omission for a platform that includes “Islamic Finance” as a category. Puremaintenanceuk.com Reviews

The domain’s longevity established 2001 and consistent updates point to its legitimacy as a data provider, but this doesn’t translate to ethical permissibility.

It’s a tool for the conventional financial world, and navigating it without falling into impermissible practices requires significant personal effort and knowledge from the user.

  • Data Richness: Provides extensive data on global markets, including stocks, indices, currencies, and commodities.
  • Real-time Updates: Features live tickers and hot news sections, indicating up-to-the-minute information.
  • Analytical Tools: Offers various financial metrics, technical indicators RSI, GAPS, and screeners for different investment styles.
  • Global Coverage: Covers markets across North America, Europe, Asia, Africa, and the Middle East, offering a broad perspective.
  • News and Analysis: Integrates news feeds, analyst recommendations, and detailed company analysis.
  • Subscription Model: Implies a tiered service with free and premium features, offering deeper insights for paying users.
  • Mobile Accessibility: Mentions an iPhone app, suggesting usability on the go.

Marketscreener.com Alternatives for Ethical Investing

Given the ethical concerns surrounding Marketscreener.com’s primary focus on conventional and speculative financial instruments, seeking alternatives that align with Islamic principles is paramount.

These platforms and resources prioritize ethical wealth creation, focusing on tangible assets, real economic activity, and avoiding Riba, Gharar, and Maysir.

  • FX Empire – Halal Forex Brokers Japan2uk.com Reviews

    • Key Features: FX Empire provides comprehensive reviews and comparisons of various forex brokers, with a specific focus on identifying those that offer “Islamic accounts” or “swap-free accounts.” These accounts are designed to eliminate interest Riba charges on overnight positions, making forex trading potentially permissible under certain conditions if done for genuine commercial needs rather than pure speculation. They also detail the features, regulations, and minimum deposits for each broker.
    • Average Price: Broker fees vary. typically, spreads on trades are slightly wider on swap-free accounts to compensate for the absence of interest. No direct subscription fee to FX Empire itself.
    • Pros: Directly addresses the Riba concern in forex, provides a list of regulated brokers offering Shariah-compliant options, useful for those who engage in forex for legitimate business hedging.
    • Cons: Forex trading, even if swap-free, can still involve high speculation Gharar, which remains a concern. It’s still a highly volatile market and requires deep understanding to avoid Maysir. Does not offer general stock or commodity data.
  • Practical Islamic Finance

    • Key Features: This is an educational and resource hub dedicated to explaining practical aspects of Islamic finance. It offers articles, guides, and courses on various topics like halal investing, Islamic banking, Sukuk, Zakat, and ethical wealth management. It focuses on empowering individuals with knowledge to make Shariah-compliant financial decisions.
    • Average Price: Mostly free content. some courses or premium resources might be paid.
    • Pros: Excellent educational resource, focuses on foundational principles of Islamic finance, helps users understand why certain financial activities are permissible or not, empowers informed ethical choices.
    • Cons: Not a trading platform or data provider, purely informational and educational. Does not offer real-time market data or screening tools.
  • Global Islamic Financial Services

    • Average Price: Free access to many reports and resources. membership may offer exclusive content.
    • Pros: Authoritative source for industry trends and standards, helps understand the global development of Islamic finance, focuses on ethical governance.
    • Cons: Primarily an industry body, not a direct investment or trading platform, content can be highly academic or policy-oriented.
  • Islamic Finance Guru IFG

    • Key Features: IFG is a popular online platform that provides practical advice, articles, and reviews related to halal investing, personal finance, and Islamic wealth management. They cover topics ranging from Shariah-compliant stocks and investment funds to halal mortgages and ethical crowdfunding. They also often review platforms and products from an Islamic perspective.
    • Average Price: Mostly free content. some premium guides or courses may be offered.
    • Pros: User-friendly and practical advice, covers a wide range of personal finance topics, regularly updated with fresh content, helps demystify complex Islamic finance concepts.
    • Cons: Not a real-time data provider or trading platform, focuses on guidance and reviews rather than direct market access.
  • Yieldstreet Alternative Investments

    • Key Features: Yieldstreet is an alternative investment platform that focuses on income-generating investments outside of traditional stocks and bonds. This can include real estate, art, commercial loans structured to avoid Riba, requiring careful due diligence, and other asset-backed opportunities. While not explicitly Islamic, its focus on tangible, income-generating assets can align with ethical principles if thoroughly vetted for Riba and Gharar.
    • Average Price: Investment opportunities have varying minimums, often starting at $2,500-$10,000. Fees are specific to each offering.
    • Pros: Access to diverse, asset-backed investments, potential for consistent income, broader portfolio diversification beyond public markets.
    • Cons: Not inherently Shariah-compliant, requires rigorous independent screening of each opportunity for Riba and other prohibited elements. Some offerings may include interest-based structures. High minimum investment for some deals.
  • CrowdStreet Commercial Real Estate Investing Uiprint.com Reviews

    • Key Features: CrowdStreet is a leading online platform for commercial real estate investing. It allows accredited investors to directly invest in various commercial real estate projects, such as multi-family, office, industrial, and retail properties. Investing in real estate, particularly income-generating properties, aligns well with Islamic principles as it involves tangible assets and real economic activity, provided the financing for the property itself is Shariah-compliant e.g., through diminishing Musharakah or Ijarah structures.
    • Average Price: Investment minimums typically start at $25,000-$50,000 per project. Fees are project-specific.
    • Pros: Direct investment in real assets, potential for rental income and capital appreciation, aligns with ethical principles of productive wealth creation, avoids speculative stock market swings.
    • Cons: High minimum investment, less liquid than publicly traded stocks, requires careful due diligence on each project and its financing structure to ensure Shariah compliance. Limited to real estate.
  • Self-directed Physical Gold and Silver Investments

    Amazon

    • Key Features: This isn’t a platform but a direct investment strategy. Instead of trading gold and silver futures which often involve Riba and Gharar, one can physically acquire and hold gold and silver bullion or coins. This fulfills the Islamic principle of investing in tangible assets and avoids the pitfalls of speculative derivatives. Many reputable dealers allow direct purchase and offer secure storage options.
    • Average Price: Spot price of gold/silver plus a premium typically 3-10% depending on form and dealer and storage fees if applicable.
    • Pros: Tangible asset ownership, historically a stable store of value, universally accepted, avoids Riba and Gharar, provides diversification from financial markets.
    • Cons: Storage costs, liquidity can be less than paper assets, no income generation unless leased in a Shariah-compliant manner, requires physical security. Not suitable for active trading.

It’s critical for any Muslim seeking to invest to conduct thorough research and, if necessary, consult with a qualified Islamic finance scholar to ensure that any investment platform, product, or strategy aligns fully with Shariah principles.

The alternatives listed above represent avenues that are inherently more aligned with ethical investing or provide tools to help discern ethical investments.

Marketscreener.com Pros & Cons

Alright, let’s cut to the chase regarding Marketscreener.com’s strengths and weaknesses, especially when viewed through an Islamic ethical lens. Moasure.com Reviews

It’s a powerhouse of information, no doubt about it.

But that power comes with significant caveats for anyone prioritizing Shariah-compliant financial dealings.

The Good: What Marketscreener.com Gets Right Functionally

From a purely functional standpoint, Marketscreener.com is a beast. It’s got:

  • Deep Data Dive: Seriously, they don’t skimp on the numbers. You want financial statements? Got ’em. Valuation ratios? Check. Analyst consensus? Absolutely. This is crucial for anyone trying to get a granular view of a company’s health. For instance, their “Fundamental Rankings” sections like “Sales growth,” “Earnings Growth,” and “Profitability” provide the kind of detailed financial insights that institutional investors demand. You’re looking at historical data points and projections that give you a statistical snapshot.
  • Global Market Scope: We’re talking worldwide coverage. Whether you’re tracking the DAX in Germany, the Nikkei in Japan, or the TSX in Canada, it’s all there. Their “Market Analytics” section breaks down performance by sector and capitalization across continents, showing things like “Energy +3.56% this week” or “Technology -0.42%” with market cap figures in the trillions. This breadth is massive for understanding global economic currents.
  • Real-time News Flow: The site is constantly updated with breaking news, press releases, and economic calendar events. The “Hot News” section and live updates like “Honeywell International Inc. Presents at SIAE Paris Air Show 2025, Jun-15-2025 02:00 PM” or reports on geopolitical tensions clearly keep users informed of market-moving events as they happen. This constant stream of information is vital for anyone reacting to market shifts.
  • Variety of Tools: Beyond just data, they offer tools like a “Stock Screener,” “Portfolio Creator,” and “Dynamic Chart.” These are designed to help users filter through thousands of stocks based on specific criteria or visualize performance over time. For example, the “Stock Screener Home” allows filtering by categories like “Investment Themes” e.g., Quantum computing or “Technical Rankings” e.g., Oversold stocks.
  • Longevity and Legitimacy: The WHOIS data confirms the domain has been active since 2001, updated regularly, and is not blacklisted. This isn’t some fly-by-night operation. They’ve been around the block, suggesting a certain level of operational stability and established presence in the financial data industry.

The Bad: Where Marketscreener.com Fails Ethically for Muslims

Now, for the serious ethical red flags from an Islamic perspective.

This is where the functional strengths become ethical liabilities: Wedsites.com Reviews

  • Pervasive Riba Interest-Based Transactions: This is arguably the biggest deal-breaker. The platform is deeply embedded in conventional finance, where interest is foundational.
    • Company Debt: Most companies listed will have interest-bearing debt, making their earnings partially impermissible. While some Islamic finance interpretations allow for a small percentage of impermissible income purification, Marketscreener.com offers no tools to identify or quantify this, nor does it promote companies with low or no debt.
    • Financial Instruments: It covers “Interest Rates” and conventional “ETF” Exchange Traded Funds and “Bonds” which are often interest-based. There’s no clear Shariah-compliant filter for these.
    • Example: A quick glance at the “Finances” section under “Fundamental Rankings” focuses on standard accounting metrics that don’t differentiate between interest-bearing and interest-free capital structures.
  • Excessive Gharar Uncertainty & Speculation: The platform actively encourages activities with high uncertainty, which is problematic.
    • Forex Trading: The entire “Currency / Forex” section, with its “Rankings” and “Cross Rate” data, is about foreign exchange trading. Even with “swap-free” accounts, the highly speculative nature and rapid fluctuations make it a prime area for Gharar, where gains are often zero-sum and not tied to real economic production.
    • Short-Term Trading: Features like “Short-Term Gainers & Losers,” “Unusual volumes,” and “Daily Breakouts” promote day trading and quick profits based on market momentum. This kind of speculative activity often lacks a tangible underlying asset or productive economic contribution, turning it into a form of gambling.
    • Cryptocurrencies: The prominent “Cryptocurrencies” section Bitcoin, Ethereum, Solana is highly problematic due to their extreme volatility, lack of intrinsic value or tangible backing, and often unregulated nature, all contributing to excessive Gharar. For instance, the “BITCOIN 105,464.00 -0.02%” display, while factual, highlights a purely speculative asset.
  • Maysir Gambling: The line between speculation and gambling blurs frequently on this platform.
    • “Stock Trading Strategies”: These sections, like “TECHNIP ENERGIES N.V. – Jun. 13 BUY The underlying trend is to the upside,” encourage short-term bets on price movements. This type of trading, driven by technical indicators rather than fundamental business value or long-term investment, can easily resemble gambling where one’s gain is directly tied to another’s loss in a non-productive manner.
    • Volatility: Sections like “Volatility” under “Technical Analysis Rankings” are designed to highlight assets that fluctuate wildly, attracting traders looking to profit from rapid price swings, which is a key characteristic of Maysir.
  • Lack of Integrated Shariah Compliance: Despite a small mention of “Islamic Finance” under “ESG MSCI,” the platform does not provide any robust, integrated Shariah screening tools for the vast majority of its listed securities.
    • Manual Vetting Required: A Muslim user would have to manually research each company’s debt, liquidity ratios, and business activities against Shariah guidelines, which is an impractical and time-consuming task for thousands of listed entities.
    • ESG vs. Shariah: ESG Environmental, Social, Governance criteria, while good, are not equivalent to Shariah compliance. An “ESG stock” can still be heavily involved in Riba, alcohol, or other impermissible activities.
  • Promotion of Unethical Investment Themes: Some “Investment Themes” promoted, while seemingly benign, can lead to problematic investments if not screened. For example, while “Quantum computing” might be exciting, the underlying companies must still be Shariah-compliant. The lack of filtering makes it a risky proposition.

In essence, while Marketscreener.com is a well-oiled machine for conventional financial data, its very design and the nature of the markets it covers make it a problematic tool for ethical investors adhering to Islamic finance principles.

It’s like having a top-of-the-line car that runs on forbidden fuel.

No matter how good the car, the fuel source makes it impermissible for use.

Does Marketscreener.com Work?

When we ask “Does Marketscreener.com work?”, we need to clarify what we mean by “work.” If “work” means providing a vast amount of financial data, news, and analytical tools in a relatively organized manner, then yes, Marketscreener.com works efficiently. The platform successfully aggregates real-time market data, historical financial statements, news from various sources, and expert analyses, presenting them to the user. It functions as a comprehensive information hub for conventional financial markets, which is precisely what it’s designed to do.

Let’s break down its functionality: Mindscapeapp.io Reviews

  • Data Aggregation: The site pulls data from exchanges worldwide. For instance, the live index data for the S&P 500, NASDAQ 100, DAX, and FTSE 100 shows constant updates, reflecting actual market movements. This is a testament to its technical capability to integrate and display vast streams of financial information. The displayed prices for ORACLE CORPORATION 215.22USD +23.68% or TESLA, INC. 325.31USD +10.22% are examples of real-time or near-real-time data delivery.
  • Tool Functionality: The “Stock Screener,” “Portfolio Creator,” and “Dynamic Chart” tools appear to be fully operational. The screener allows users to apply various filters e.g., Top ROE, Growth stocks at reasonable prices, Oversold stocks to narrow down investment options, suggesting a robust underlying database and query system. The dynamic charts provide visual representations of price movements, which is a standard and expected feature for such platforms.
  • News Delivery: The news section is constantly updated with articles covering global economic events, company-specific announcements, analyst recommendations, and geopolitical developments. This flow of information is critical for market participants, and Marketscreener.com seems to deliver it effectively. For example, news articles discussing “Investors on edge over Israel-Iran conflict, oil price volatility” or “Russian air attack damaged Boeing offices in Ukraine” indicate timely and relevant reporting.
  • User Interface UI: While dense, the UI is functional. Navigation menus categorize information logically Equities, Indices, Currency/Forex, Commodities, Cryptocurrencies, News, Analysis, Portfolios, Tools, allowing users to drill down into specific areas of interest. The ability to switch between different country editions United States, Canada, France, etc. also demonstrates a well-implemented global infrastructure.

However, if “Does it work for ethical investing?” is the question, then the answer is largely no. The platform is built on the architecture of conventional finance, making it inherently problematic for those seeking strict Shariah compliance.

  • No Integrated Ethical Filters: As highlighted before, the platform lacks integrated and comprehensive Shariah-compliant screening for its vast database of companies and financial products. While it lists “Islamic Finance” under ESG, this is merely a reporting category, not an operational filter applied across all investment opportunities. This means that even if the platform “works” perfectly in displaying data, it doesn’t “work” to automatically guide a user to permissible investments without extensive, independent manual effort. You’d have to use external tools like Zoya or Musaffa in conjunction with Marketscreener.com, which defeats the purpose of an integrated solution.
  • Promotion of Impermissible Activities: The platform’s effective functionality in presenting speculative instruments forex, cryptocurrencies, high-volatility stocks and strategies short-term trading, trend-following means it “works” to facilitate activities that are often considered impermissible due to Riba, Gharar, and Maysir. Its effectiveness in this regard is precisely why it fails from an ethical standpoint. It works too well at enabling problematic conventional finance practices.
  • Focus on Market Timing: The detailed technical analysis tools RSI, GAPS, Daily/Weekly Breakouts and rankings of “Top Price 5d. change” and “Flop Price 5d. change” are designed to aid market timing and short-term speculation. While these tools function correctly, the very act of using them for such purposes is ethically questionable in Islamic finance, which generally favors long-term, asset-backed investment over fleeting market bets.

In summary, Marketscreener.com works as a robust, data-rich financial information platform for the conventional market.

Its technical infrastructure and data delivery are efficient.

However, for an individual seeking to engage in ethical, Shariah-compliant financial activities, the platform does not “work” as a standalone solution because it lacks the necessary ethical filters and inherently promotes practices that are at odds with Islamic financial principles.

It’s a powerful tool, but one that is optimized for a different ethical framework. Veeqo.com Reviews

Is Marketscreener.com Legit?

When assessing the legitimacy of Marketscreener.com, we can confidently say that yes, Marketscreener.com is a legitimate operation. This isn’t a fly-by-night scam or a dubious website designed to defraud users. Several key indicators point to its authenticity as a long-standing financial data provider:

  • Domain Longevity and WHOIS Information: The domain name, marketscreener.com, was created on January 27, 2001, and is registered with Gandi SAS. This over two-decade operational history is a significant marker of legitimacy. Scammers typically use newly registered domains that are quickly abandoned. The WHOIS record is transparent, providing a registrar name, contact email, and phone number Registrar Abuse Contact Email: [email protected], Registrar Abuse Contact Phone: +33.170377661, which is characteristic of a legitimate business entity.
  • Consistent Updates and Expiry Date: The domain was updated on December 27, 2024, and has a registry expiry date of January 27, 2026. This indicates active management and planning for long-term operation, not a quick shutdown.
  • Clear DNS Records: The DNS records are properly configured, pointing to legitimate name servers ns-a.ecritel.com, ns-b.ecritel.com, etc. and robust MX records for email handling ASPMX.L.GOOGLE.com, etc.. This professionalism in infrastructure is typical of legitimate online services.
  • Certificate Transparency SSL/TLS: The presence of 24 certificates found via crt.sh indicates regular SSL/TLS certificate issuance, which means the website encrypts data exchanged with users. This is standard practice for secure and legitimate websites handling user data and subscriptions.
  • Not Blacklisted: A check against common blacklists shows that Marketscreener.com is not blacklisted. This means it hasn’t been flagged for distributing malware, engaging in phishing, or other malicious activities by security authorities or community watchdogs.
  • Extensive Content and Functionality: The website itself is brimming with real, live financial data, news articles, analytical tools, and detailed company profiles. This level of comprehensive content and operational functionality would be incredibly difficult and resource-intensive for a fraudulent entity to maintain consistently over decades. It reflects a significant investment in infrastructure, data feeds, and editorial teams. The references to real companies, global indices, and current economic events further underscore its commitment to providing genuine financial information.
  • Pricing and Subscription Model: The presence of clear “Our subscriptions” links and mentions of “Stock Screener PRO,” “Portfolio Creator,” and “Event Screener” as premium tools, along with “free trial” mentions, indicates a standard business model common to legitimate financial data services. Scammers often avoid clear pricing or offer unrealistically high returns.

However, it’s crucial to distinguish between legitimacy as a business entity and ethical permissibility from an Islamic perspective. While Marketscreener.com is undoubtedly legitimate in its operations and data provision, its core business model and the financial instruments it emphasizes are generally considered impermissible in Islamic finance due to elements of Riba interest, Gharar excessive uncertainty, and Maysir gambling. So, while you can trust that it’s a real company providing real data, you cannot trust that the financial activities it facilitates or promotes are ethically permissible for a Muslim investor. The issue is not one of scamming, but one of alignment with a specific ethical framework.

Is Marketscreener.com a Scam?

Based on our thorough review, no, Marketscreener.com is not a scam. It operates as a legitimate, long-standing financial information and analysis platform. The indicators of its legitimacy are strong and consistent with those of a reputable online service provider in the financial sector.

Here’s why it is not a scam:

  • Established Presence: The domain was registered in 2001, giving it over two decades of operation. Scams typically have a very short lifespan, often just a few months or even weeks, before disappearing. The longevity of Marketscreener.com is a strong testament to its non-scam nature.
  • Transparent Ownership and Contact Information: The WHOIS data provides clear registration details, including the registrar Gandi SAS and contact information for abuse reporting. Scam websites often hide their real ownership details or use privacy services to mask their identity.
  • Active Website Management: The domain’s recent update in December 2024 and its renewal until January 2026 demonstrate ongoing active management and a long-term business plan, which is contrary to the behavior of scam operators.
  • Professional Infrastructure: The proper configuration of DNS records and the presence of multiple SSL certificates 24 found indicate a well-maintained and secure website infrastructure, consistent with legitimate business operations. Scammers often cut corners on these technical aspects.
  • Absence from Blacklists: Marketscreener.com is not listed on any major security blacklists, meaning it has not been identified by cybersecurity watchdogs as a source of malware, phishing, or other fraudulent activities.
  • Real Data and Services: The website presents an immense volume of real, verifiable financial data, news, and analytical tools. This is not simulated data or fake services. The complexity and depth of the information provided would be impossible for a typical scam operation to replicate and sustain. They cover real companies, real indices, and provide real-time market updates.
  • Clear Business Model: The explicit mention of “Our subscriptions” and premium tools like “Stock Screener PRO” indicates a standard subscription-based business model, where users pay for access to advanced features and data. Scams often promise unrealistic returns or demand money for vague services without clear pricing structures.

However, it is crucial to reiterate the ethical distinction. While Marketscreener.com is not a scam in the sense of defrauding users, its core offerings and the nature of the conventional financial markets it covers present significant challenges for Muslim investors seeking Shariah compliance. Ibm.com Reviews

  • Risk of Unethical Engagement: The platform facilitates engagement in activities like interest-based finance Riba, excessive speculation Gharar, and gambling Maysir through its focus on conventional stocks which may have impermissible income/debt, forex, commodities derivatives, and especially cryptocurrencies. A user can legitimately use the platform to engage in these activities, but those activities themselves are ethically problematic in Islam.
  • No Shariah Compliance Assurance: The platform does not offer built-in, comprehensive Shariah screening for investments, meaning users are solely responsible for ensuring the permissibility of their financial decisions based on the data provided. This lack of ethical guidance within the platform itself is a major drawback for the target audience of this blog.

Therefore, while Marketscreener.com is a legitimate, functioning business, it operates within the conventional financial paradigm, which is largely incompatible with Islamic ethical principles.

It is not a scam, but it is not a recommended platform for Muslims without extensive, independent Shariah screening.

How to Cancel Marketscreener.com Subscription

If you’ve found yourself subscribed to Marketscreener.com and wish to cancel, perhaps due to ethical concerns or simply a change in your financial information needs, the process typically follows standard online subscription cancellation procedures.

While the exact steps aren’t explicitly detailed on their homepage, most reputable services like Marketscreener.com will provide a clear path within your account settings or through direct customer support.

Here’s a general guide on how to approach canceling your Marketscreener.com subscription: Thehireservicecompany.com Reviews

1. Log In to Your Account

  • Access the Platform: The first step is always to log in to your Marketscreener.com account. You’ll typically find a “Log In” button prominently displayed on their homepage.
  • Credentials: Use your registered email and password, or if you signed up with Google or Apple, use those respective login options.

2. Navigate to Account Settings or Profile

  • Look for “My Account” or “Settings”: Once logged in, search for a section usually labeled “My Account,” “Profile,” “Settings,” “Subscription Management,” or something similar. This is commonly found in the top right corner of the page, often under your username or an avatar icon.
  • Check “Our Subscriptions” or “My Services”: On Marketscreener.com, there’s a clear link on the homepage and in the footer titled “Our subscriptions” under “Our Services.” This is a strong indicator that the detailed management of your subscription will be found there.

3. Find Subscription Details and Cancellation Option

  • Locate Your Active Subscription: Within the account settings or subscription management area, you should see details about your current subscription plan e.g., “Stock Screener PRO,” “USA Portfolio”.
  • Identify Cancellation Button/Link: Look for a button or link that explicitly states “Cancel Subscription,” “Manage Subscription,” “Downgrade,” or “Turn off Auto-Renewal.” This is where you initiate the cancellation process.
  • Confirmation Prompts: Be prepared for a confirmation prompt or a brief survey asking why you’re canceling. These are standard and usually don’t affect the cancellation itself.

4. Review Cancellation Terms

  • Understand Billing Cycles: Pay attention to the terms. Most subscriptions are canceled at the end of the current billing cycle monthly, quarterly, or annually. You typically retain access until that date.
  • No Refunds: It’s common for digital subscriptions not to offer pro-rated refunds for the unused portion of a billing period. This is standard industry practice.

5. Confirm Cancellation

  • Receive Confirmation: After successfully canceling, you should receive an email confirmation. Keep this email as proof of cancellation. If you don’t receive one within a few hours, check your spam folder.

What if You Can’t Find the Option?

If you navigate through your account and still can’t find a direct cancellation option, or if you encounter issues, your next step is to contact their customer support.

  • Look for “Contact Us” or “Support”: Their website should have a “Contact Us” page or a support section, often found in the footer.
  • Methods: Common contact methods include:
    • Email: Send a clear email stating your intention to cancel, including your account details registered email, username.
    • Contact Form: Fill out their online contact form.
    • Phone Less Common for Online Services: While not explicitly listed for support on their homepage text, some services offer phone support. The WHOIS data provides a registrar abuse contact phone +33.170377661, but this is for abuse, not direct customer support for cancellations.
  • Be Clear and Concise: Clearly state your request to cancel your subscription and provide any necessary account identifying information.

Important Note for Ethical Considerations: If your cancellation is driven by ethical concerns regarding Riba, Gharar, or Maysir, ensure that you fully terminate all financial engagement facilitated by the platform. Simply canceling a subscription to the data service might not address any underlying investments or accounts you may have opened through the platform’s recommendations or links. It’s always best to divest from impermissible assets and transition to Shariah-compliant alternatives.

How to Cancel Marketscreener.com Free Trial

Canceling a free trial for Marketscreener.com will follow a very similar process to canceling a full subscription, but with an added layer of urgency: you need to do it before the trial period ends to avoid being charged.

Many users forget this crucial step, leading to unexpected charges.

Here’s how to manage and cancel your Marketscreener.com free trial: Skiptax.com Review

1. Mark Your Calendar Immediately!

  • Crucial First Step: As soon as you sign up for any free trial, especially one for a financial data service, immediately note the exact end date of the trial period. Set a reminder on your phone or calendar for at least 24-48 hours before that date. This gives you a buffer to cancel without rushing.

2. Log In to Your Account

  • Access the Platform: Go to Marketscreener.com and log in using the credentials you used to sign up for the free trial email/password, Google, or Apple login.

3. Locate Trial or Subscription Settings

  • Navigate to “My Account” / “Settings”: Once logged in, look for your personal account area. This is typically where all subscription and profile management options are located.
  • Check “Our Subscriptions” or “My Services”: The Marketscreener.com homepage prominently features an “Our subscriptions” link under “Our Services.” This is highly likely where your trial status will be displayed.

4. Find the Cancellation/Opt-Out Option for the Trial

  • Explicit Cancellation: Within your subscription details, there should be an option to cancel the trial or prevent it from automatically converting into a paid subscription. Look for phrases like “Cancel Trial,” “End Trial,” “Do not auto-renew,” or “Manage Subscription.”
  • Read the Fine Print: Sometimes, companies make this option slightly less obvious. You might have to click a “manage” link next to your trial details to reveal the cancellation option. Ensure you read any pop-up messages carefully.

5. Confirm Your Cancellation

  • Confirmation Message/Email: Upon successful cancellation of the free trial, the website should provide a confirmation message, and crucially, you should receive a confirmation email. Save this email. It is your proof that you opted out of the automatic conversion. If you don’t see one in your inbox, check your spam or junk folders.
  • Access Remains: Typically, even after canceling a free trial, you will retain access to the premium features for the remainder of the trial period. This means you can still explore the platform until the original trial end date.

Important Considerations for Free Trials:

  • Payment Information: Remember that most free trials require you to provide payment information upfront. This is precisely so they can seamlessly transition you into a paid subscription if you don’t cancel. Your bank statement is the ultimate proof if there’s a dispute.
  • Timeliness is Key: Missing the cancellation deadline, even by a few hours, often means you’ll be charged for at least one billing cycle. If this happens, you’ll need to follow the standard “How to Cancel Marketscreener.com Subscription” steps and potentially seek a refund, though refunds for missed trial cancellations are rarely guaranteed.
  • Ethical Review During Trial: Use the free trial period not just to evaluate the platform’s features, but specifically to conduct your own due diligence on whether the types of investments and analyses it promotes align with your ethical and Shariah compliance requirements. If you find the pervasive Riba, Gharar, or Maysir elements too challenging to navigate, then canceling the trial becomes an even more important decision.

By being proactive and following these steps, you can effectively manage and cancel your Marketscreener.com free trial without incurring unwanted charges.

Marketscreener.com Pricing

While the exact tiered pricing details for Marketscreener.com are not explicitly laid out on the provided homepage text, the presence of terms like “Our subscriptions,” “Stock Screener PRO,” “Portfolio Creator,” and “Event Screener” strongly indicates a multi-tiered subscription model.

This is standard practice for professional financial data and analytics platforms.

Typically, these services offer various levels of access, with increasing functionality and depth of data corresponding to higher price points.

Based on industry norms for similar financial data services, here’s a general breakdown of what one might expect from Marketscreener.com’s pricing structure: Anderson-goodlad.com Review

Common Subscription Tiers

  1. Free Tier / Basic Access:

    • Features: This usually offers limited access to basic market data, delayed quotes, a selection of news articles, and perhaps a simplified watchlist feature. It serves as a hook to get users familiar with the platform.
    • Purpose: Allows potential subscribers to get a taste of the service without commitment. The homepage itself allows for “Email Registration” without immediate payment, suggesting this basic access.
    • Price: $0
  2. Standard / Premium Tier:

    • Features: This is where the core value proposition kicks in. Expect real-time market data stocks, indices, forex, commodities, access to a broader range of news and analyses, more advanced charting tools, and possibly a basic version of their stock screener. This tier might include features like “Stock Picks” and access to “Virtual Portfolios.”
    • Purpose: Designed for individual investors who need more reliable and timely information for making investment decisions.
    • Average Price Range: For similar services, this could range anywhere from $29 to $99 per month, or $299 to $999 per year for an annual subscription often with a discount.
  3. Pro / Professional / Advanced Tier:

    • Features: This tier provides the most comprehensive set of tools and data, targeting active traders, professional investors, or serious individual analysts. It would include “Stock Screener PRO,” “Portfolio Creator,” “Event Screener,” and potentially deeper fundamental and technical analysis tools, more granular historical data, and priority customer support. It might offer specialized “Thematic Investment Lists” or advanced charting capabilities.
    • Purpose: For users who require high-frequency data, sophisticated analytical models, and extensive customization options for their investment research.
    • Average Price Range: This could go from $99 to $299+ per month, or $999 to $2,999+ per year. Some highly specialized data feeds or institutional access could be even higher.

Factors Influencing Pricing

  • Data Latency: Real-time data always costs more than delayed data.
  • Data Breadth: Access to more asset classes equities, forex, commodities, options, futures and more global exchanges increases the price.
  • Tool Sophistication: Advanced screeners, backtesting tools, and portfolio optimization features contribute to higher costs.
  • Analysis and Research: Proprietary analyst reports, interviews, and in-depth research articles are typically premium content.
  • API Access: If they offer API access for automated trading or data integration, this is usually reserved for the highest tiers or separate enterprise plans.

From an ethical standpoint, the pricing structure itself isn’t the issue. The concern for a Muslim investor remains the value they are getting for their money, specifically whether the expensive data and tools are enabling ethically permissible activities or facilitating engagement in Riba, Gharar, and Maysir. Paying for advanced tools that primarily aid in speculative trading or involve conventional financial products laden with interest would be a misallocation of resources from an Islamic perspective. The “Islamic Finance” filter, if part of a paid tier, would still only be a screening tool, not a guarantee that all other aspects of the platform or the companies listed are compliant. Users must exercise extreme caution, regardless of the price point.

Marketscreener.com vs. Other Financial Data Platforms

When you stack Marketscreener.com against other major players in the financial data and news space, you start to see its particular niche, as well as its ethical limitations from an Islamic perspective. Naturallywicked.store Reviews

Let’s break down the comparison, focusing on Marketscreener.com’s general position and then highlighting the ethical divergence:

Marketscreener.com’s Position

Marketscreener.com generally sits in the middle ground between highly professional, institutional-grade terminals and free, basic retail platforms.

  • Institutional Players e.g., Bloomberg Terminal, Refinitiv Eikon:

    • Data Depth & Breadth: These are the gold standard. They offer unparalleled depth in real-time data, historical archives, proprietary analytics, macroeconomic indicators, and news feeds. They cover virtually every asset class, including highly specialized derivatives.
    • Features: Unmatched tools for portfolio management, risk analysis, algorithmic trading, and direct connectivity to trading desks.
    • Pricing: Extremely expensive, typically tens of thousands of dollars annually per user.
    • Marketscreener.com Comparison: Marketscreener.com cannot compete with these in terms of raw data volume, speed, or specialized tools. Its data is comprehensive for a retail/prosumer level but doesn’t reach the institutional depth.
    • Ethical Lens: These institutional platforms are even more ethically problematic. Their primary purpose is to facilitate complex, high-volume conventional financial transactions, which are deeply intertwined with Riba, Gharar, and Maysir. They are designed for a system fundamentally at odds with Islamic finance.
  • Retail-Focused Platforms e.g., Yahoo Finance, Google Finance, Investing.com:

    • Data Depth & Breadth: Offer free or very low-cost access to basic real-time stock quotes, fundamental data, news headlines, and simple charts. They are great for quick checks but lack in-depth analysis tools or comprehensive historical data.
    • Features: Basic watchlists, simple screeners, and general financial news.
    • Pricing: Mostly free, with some premium features or ad-free versions.
    • Marketscreener.com Comparison: Marketscreener.com offers significantly more depth, advanced tools like its multi-filter screener, portfolio creator, event screener, and global coverage than these free platforms. Its news aggregation and analysis are also more extensive.
    • Ethical Lens: While free, these platforms also reflect conventional finance’s inherent Riba, Gharar, and Maysir issues. They might be less intensive in promoting speculative tools, but the underlying assets remain the same.
  • Direct Competitors e.g., Finviz, Zacks, Morningstar, Seeking Alpha:

    • Data Depth & Breadth: These are closer to Marketscreener.com, offering strong fundamental data, technical analysis tools, diverse screeners, and investment research. They often have free basic tiers and paid premium subscriptions.
    • Features: Often specialize in certain areas e.g., Finviz for visual screeners, Morningstar for fund analysis, Seeking Alpha for crowdsourced analysis.
    • Pricing: Comparable to Marketscreener.com’s likely pricing, ranging from tens to hundreds of dollars per month/year.
    • Marketscreener.com Comparison: Marketscreener.com holds its own here, offering a broad suite of tools comparable to these services. Its global coverage might be a differentiating factor for some users. The choice often comes down to specific UI preference, analytical focus, or pricing.
    • Ethical Lens: These platforms largely suffer from the same ethical shortcomings as Marketscreener.com. They are all built for conventional investing, emphasizing market performance metrics that don’t consider Shariah compliance. None offer robust, integrated Shariah screening as a core feature.

The Ethical Divide: Where Marketscreener.com and its peers Fall Short

The fundamental issue is not the functionality but the philosophical alignment. Marketscreener.com, like nearly all conventional financial data platforms, operates within a system where:

  1. Riba is Intrinsic: Companies listed often have interest-based debt or derive income from interest-bearing activities. The tools do not help filter or quantify this.
  2. Gharar is Promoted: The focus on derivatives, forex, volatile commodities, and especially cryptocurrencies, inherently involves excessive uncertainty, which is impermissible.
  3. Maysir is Encouraged: The tools for short-term technical trading, predicting market swings, and seeking rapid gains can quickly devolve into gambling, where wealth is transferred without real, productive economic activity.

In summary, while Marketscreener.com is a robust and legitimate tool within the conventional financial ecosystem, it is not designed to be an ethically compliant platform for Muslim investors. All its direct competitors and higher-end alternatives share this fundamental ethical misalignment. The real “alternatives” for Muslim investors are therefore specialized Shariah-compliant platforms like Wahed Invest, Zoya, Musaffa or direct investments in tangible, productive assets like real estate or ethical businesses that prioritize real economic value over speculative financial maneuvering.

Marketscreener.com Features

Marketscreener.com presents itself as a comprehensive toolkit for financial market participants, packed with an array of features designed to provide data, news, analysis, and screening capabilities across various asset classes.

From a purely functional perspective, it boasts an impressive lineup.

However, from an Islamic ethical standpoint, the nature and application of many of these features pose significant concerns due to their inherent links to Riba, Gharar, and Maysir.

Let’s break down the key features Marketscreener.com offers, and then critically evaluate them through our ethical lens:

1. Market Overview & Real-time Data

  • Description: The homepage is a dynamic dashboard providing immediate access to live market indices S&P 500, DOW JONES, NASDAQ 100, FTSE 100, DAX, CAC 40, EURO STOXX 50, currency cross rates USD/EUR, USD/CAD, commodity prices GOLD, CRUDE OIL WTI, SILVER, and cryptocurrency values BITCOIN, ETHEREUM, SOLANA. It constantly updates “Top Price 5d. change” and “Flop Price 5d. change” across different sectors and market capitalizations.
  • Ethical Evaluation: This feature set directly facilitates engagement with markets that are largely problematic.
    • Riba: Many indices include companies with significant interest-based debt. Currency and commodity derivatives often underlying these quotes can involve Riba.
    • Gharar & Maysir: The emphasis on daily/weekly price changes and volatile assets like cryptocurrencies and certain commodities encourages speculative trading, which often falls into Gharar excessive uncertainty and Maysir gambling. The very speed of updates encourages quick, impulsive decisions rather than reasoned, long-term, asset-backed investment.

2. Equities Analysis & Data

  • Description: Provides detailed information on individual stocks globally e.g., BOEING, TESLA, ORACLE CORPORATION, NVIDIA CORPORATION. This includes “Sector Research,” “Company calendar,” “Equities Analysis,” and data on “Top Capitalization” and “Most popular” stocks. Users can delve into “Financial Data” like “Fundamental Composite,” “Sales growth,” “Earnings Growth,” “Profitability,” and “Finances.” There are also “Valuation” metrics such as “Capitalization,” “P/E ratio,” “Enterprise value,” “Yield,” “Price to Book PBR,” and “Free Cash Flow FCF.”
  • Ethical Evaluation: While fundamental data is useful, its application in conventional equity markets is problematic.
    • Riba: The vast majority of publicly traded companies carry interest-bearing debt, and some derive a portion of their income from impermissible activities e.g., conventional finance, entertainment. Marketscreener.com provides no inherent Shariah screening for these factors. “Yield” often refers to dividend yield, but the underlying business must still be permissible.
    • Gharar: Short-term “Equities Analysis” and “Stock Trading Strategies” e.g., “BUY” signals based on trends promote speculative trading, which is high in Gharar.

3. News & Analysis

  • Description: Offers a wide range of news categories including “All News” World, United States, Europe, etc., “Companies” news Analyst Reco., Rumors, IPOs, Earnings reports, Mergers and acquisitions, and news by “Themes” Asset Management, Activism, Climate and ESG, Geopolitics, Central Banks, Inflation, Business Leaders. It also features “All Analysis,” “Must Read,” “Interviews,” and “Our Shows” e.g., “Crypto Recap”.
  • Ethical Evaluation: The news and analysis, while informative, primarily cater to conventional market narratives.
    • Bias Towards Conventional Markets: News coverage on “Central Banks” and “Inflation” largely pertains to interest rate policies, which are part of the Riba-based financial system.
    • Problematic Themes: “Crypto Recap” directly engages with the highly speculative and often impermissible cryptocurrency market. “Analyst Reco.” often encourages market timing and herd behavior, which can contribute to Gharar.
    • Limited Ethical Filtering: There is no mechanism to filter news specifically for Shariah compliance or ethical business practices beyond a generic “ESG” tag.

4. Screeners

  • Description: Features a robust “Stock Screener Home” that allows users to filter stocks based on various criteria, including “Investment Themes” Quantum computing, Moat, Defense, “Technical Rankings” Oversold stocks, Overbought stocks, Most volatile stocks, and “Fundamental Rankings” Top Investor Rating, Top Trading Rating, Top Consensus, Top Growth, Top Dividends, Low valuations. It also lists “Islamic Finance” under ESG MSCI.
  • Ethical Evaluation: This is a powerful feature, but its utility for ethical investing is severely hampered.
    • Shariah Compliance Oversight: While “Islamic Finance” is a category, it’s merely a data point, not an active filter or comprehensive screening mechanism. A company might score well on “Islamic Finance” in ESG but still be heavily involved in Riba, alcohol, or other haram activities based on deeper Shariah criteria. The other screening criteria predominantly focus on conventional financial metrics e.g., “P/E ratio,” “Yield,” “RSI” that do not inherently ensure Shariah compliance.
    • Enabling Gharar & Maysir: Technical screeners like “Oversold stocks” or “Most volatile stocks” are designed for speculative trading, increasing exposure to Gharar and Maysir.

5. Portfolios & Watchlists

  • Description: Offers “Virtual Portfolios” USA Portfolio, European Portfolio, Asian Portfolio and “Watchlists” to track selected stocks or assets. Users can also see “My previous session,” “My most visited,” and “Most popular” lists.
  • Ethical Evaluation: These are organizational tools, but their ethical status depends entirely on the underlying assets being tracked.
    • No Built-in Compliance: If the user adds impermissible stocks or cryptocurrencies to their watchlist or virtual portfolio, the tool facilitates tracking of unethical investments. There are no built-in alerts or warnings for Shariah non-compliance within these features.

6. Tools & Services

  • Description: Includes “MarketScreener tools” like “iPhone app,” “Stock Screener PRO,” “Portfolio Creator,” “Event Screener,” “Dynamic Chart,” “Company calendar,” “Economic Calendar,” and “Currency Converter.” They also list “Our subscriptions,” “Our Stock Picks,” and “Thematic Investment Lists.”
  • Ethical Evaluation: These are premium features that, while functional, serve the broader conventional financial paradigm.
    • Enabling Impermissible Activities: “Stock Screener PRO” and “Portfolio Creator,” if used without strict external Shariah screening, can easily lead to the selection and management of non-compliant investments. “Our Stock Picks” and “Thematic Investment Lists” would need rigorous independent vetting.
    • Riba-based Context: The “Economic Calendar” and “Company calendar” often highlight events related to central bank interest rate decisions, bond issuance, and corporate earnings tied to interest, all within a Riba-based system.

In essence, while Marketscreener.com provides an impressive array of features from a functional viewpoint, almost all of them are designed for or operate within the framework of conventional finance.

This makes them inherently problematic for ethical investors seeking strict Shariah compliance, as they lack the necessary filters and often encourage speculative, interest-laden activities.

Marketscreener.com FAQ

What is Marketscreener.com?

Marketscreener.com is a comprehensive financial data and news platform that provides real-time market data, company financials, news articles, analysis, and various screening tools for equities, indices, currencies forex, commodities, and cryptocurrencies worldwide.

Is Marketscreener.com a reliable source of financial data?

Yes, Marketscreener.com appears to be a reliable source for aggregated financial data.

It has been operational since 2001, is regularly updated, and its WHOIS information is transparent, indicating it’s a legitimate long-standing business in the financial information sector.

Is Marketscreener.com free to use?

Marketscreener.com likely operates on a freemium model.

While basic access and some news content may be free, advanced features like “Stock Screener PRO,” “Portfolio Creator,” and in-depth analysis tools typically require a paid subscription, as indicated by the “Our subscriptions” section.

What kind of financial information can I find on Marketscreener.com?

You can find extensive information including company profiles, financial statements sales growth, earnings growth, profitability, valuation metrics P/E ratio, enterprise value, analyst opinions and target prices, technical analysis indicators RSI, GAPS, real-time stock prices, global index values, currency exchange rates, commodity prices, and cryptocurrency data.

Does Marketscreener.com offer tools for active trading?

Yes, Marketscreener.com offers various tools and data points that cater to active traders, such as real-time quotes, “Short-Term Gainers & Losers,” “Daily Breakouts,” “Unusual volumes,” and “Stock Trading Strategies” sections that highlight market momentum for quick decision-making.

Is Marketscreener.com suitable for long-term investors?

Marketscreener.com provides fundamental data e.g., earnings, sales, profitability that long-term investors can use.

However, its prominent display of short-term market movements and speculative tools means long-term investors must filter out a lot of noise and apply their own investment philosophy.

How does Marketscreener.com get its data?

Marketscreener.com aggregates data from various global stock exchanges, financial news agencies, company press releases, and analyst reports to provide comprehensive market coverage.

Does Marketscreener.com provide Shariah-compliant investment screening?

No, while Marketscreener.com mentions “Islamic Finance” under its ESG Environmental, Social, Governance rankings, it does not provide comprehensive, integrated Shariah compliance screening tools for its vast database of stocks, funds, or other financial instruments.

Users are responsible for independent verification.

Are cryptocurrencies permissible to trade according to Islamic finance on Marketscreener.com?

The permissibility of cryptocurrencies like Bitcoin and Ethereum, which are prominently featured on Marketscreener.com, is a subject of ongoing debate among Islamic scholars, with many advising against them due to their speculative nature Gharar, volatility, and lack of intrinsic value.

Marketscreener.com does not offer any Shariah guidance on this.

Can I create a watchlist or portfolio on Marketscreener.com?

Yes, Marketscreener.com allows users to create “Watchlists” to track preferred stocks and “Virtual Portfolios” e.g., USA Portfolio, European Portfolio, Asian Portfolio to simulate investment strategies.

Does Marketscreener.com have a mobile app?

Yes, Marketscreener.com mentions an “iPhone app” under its “Tools” section, indicating it offers mobile accessibility for its services.

How do I cancel my Marketscreener.com subscription?

To cancel your Marketscreener.com subscription, you typically need to log in to your account, navigate to your “Account Settings” or “Subscription Management” section often found under “Our subscriptions”, and find the option to cancel or turn off auto-renewal.

How do I cancel a Marketscreener.com free trial?

To cancel a Marketscreener.com free trial, log in to your account before the trial period ends.

Go to your subscription settings and locate the option to cancel the trial or prevent auto-conversion to a paid subscription. Always save the confirmation email.

Does Marketscreener.com offer any investment recommendations?

Yes, Marketscreener.com provides “Analyst Reco.” Recommendations and “Stock Trading Strategies,” which include “BUY” signals and other expert opinions or technical analyses.

Users should be aware that these are based on conventional financial analysis.

What are “ESG stocks” on Marketscreener.com?

“ESG stocks” refers to companies rated based on their Environmental, Social, and Governance performance.

Marketscreener.com provides “ESG MSCI” rankings and breaks down scores by “Environment,” “Social,” and “Governance.” While positive, ESG compliance does not equate to full Shariah compliance.

Does Marketscreener.com cover commodities like gold and oil?

Yes, Marketscreener.com has a dedicated “Commodities” section, providing data on “Energy” CRUDE OIL – WTI, BRENT, “Precious metals” GOLD, SILVER, PLATINUM, “Agriculture,” “Industrial Metals,” and “Livestock and Cattle.”

Can I convert currencies on Marketscreener.com?

Yes, Marketscreener.com offers a “Currency Converter” tool within its “Currency / Forex” section.

Is Marketscreener.com involved in any scams or fraudulent activities?

No, Marketscreener.com is not a scam.

It is a legitimate and long-established financial data company with a transparent business model and a history of providing genuine market information.

Its legitimacy as a company is distinct from the ethical permissibility of the financial instruments it covers.

Does Marketscreener.com provide economic calendar information?

Yes, Marketscreener.com features an “Economic Calendar” alongside its “Company calendar,” providing schedules for key economic data releases and corporate events.

Why might Marketscreener.com be problematic for ethical Muslim investors?

Marketscreener.com is problematic for ethical Muslim investors primarily because it extensively features and facilitates engagement with conventional financial markets and instruments that commonly involve Riba interest, Gharar excessive uncertainty/speculation, and Maysir gambling, without offering comprehensive, integrated Shariah compliance filters or promoting Shariah-compliant alternatives as its core focus.


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