Investing halal in Switzerland,
without compromising on rigour.
ALG Club guides Muslim investors in French-speaking Switzerland towards independent, compliant management of their wealth. One-to-one follow-up on 100% halal assets, adapted to your situation, and rooted in the Swiss framework — the Swiss franc, taxation, pillar 3a. No management of your assets: you remain in control of every decision.
Investing halal means investing in the real economy.
A halal investment is an investment that complies with the principles of Muslim ethics. It excludes riba (interest), prohibited sectors and companies carrying too much debt, in favour of investments backed by a real economic activity. Compliance is not declared: it is verified, through a sector screen and then precise financial ratios.
That is exactly what most offerings leave out: saying “halal” is one thing, proving it with figures is another — and so is rooting it in the reality of an investor living in Switzerland. That is where ALG Club comes in.
Many want to invest halal. Few know where to start.
Between scattered information, contradictory opinions and offerings that promise compliance without ever demonstrating it, it is hard to move forward with any peace of mind. Three obstacles come up constantly.
The information is scattered and contradictory
A forum says one thing, a video says the opposite. Without a clear frame of reference, every decision becomes a source of doubt — and where religious compliance is concerned, doubt paralyses.
“Halal” is often asserted, rarely proven
Many offerings attach the word without setting out any method at all. Yet compliance rests on precise, verifiable criteria. Without those criteria, a promise binds only the person who believes it.
Nothing is designed for Switzerland
Almost all Islamic finance content addresses other markets. The Swiss franc, cantonal taxation, pillar 3a, the platforms accessible from Switzerland: so many realities left aside.
Follow-up, not a product.
Four pillars, one objective: to make you fully autonomous in the running of 100% compliant wealth. Strategic follow-up is its core — education is an addition for those who want to go further.
A strategy built on your situation.
Capital, time horizon, tax, objectives: your compliant roadmap is built with you, tailor-made, on 100% halal assets — never adapted from a generic template. Every decision remains yours.
Direct follow-up. Not a customer service desk.
Ongoing one-to-one support with the founders. Your questions start from your real situation — and so do the answers. The decision, however, always remains yours.
Lasting wealth, not a one-off.
Compliance is not a fixed state: positions are reviewed, rebalanced and purified over time. We build to last, not for a single cycle.
Understand, then decide on your own.
Beyond the follow-up, a structured programme for those who want to master the principles: screening, compliance, risk management. Full autonomy, not dependence.
Compliance is not declared. It is verified.
Here, precisely, is the method we apply — with no grey areas. We assert nothing we cannot explain.
Debt
Interest-bearing debt, measured against the company's market capitalisation, must remain below one third.
Interest-bearing cash
Cash and investments generating interest, measured against market capitalisation, must remain below one third.
Non-compliant income
The share of income from non-compliant activities must remain marginal — and the corresponding portion is purified.
Our method draws on the reference body of work of contemporary Islamic finance and on the standards of the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions), the most widely followed standard-setting body in the field. We refer to the work of recognised scholars such as Mufti Taqi Usmani and Sheikh Yusuf DeLorenzo, whose writings are authoritative on the screening and compliance of investments.
In the interest of transparency: ALG Club applies these standards and references rigorously and in a documented manner. We do not claim to have a formal sharia supervisory board validating every decision — we set out the method, the criteria and the sources, so that you can judge with full knowledge of the facts. That requirement of transparency is, in our eyes, the first mark of seriousness.
Halal investing, clearly put.
A halal investment is an investment that complies with the principles of Muslim ethics. It excludes riba (interest), prohibited sectors (alcohol, gambling, weapons, pornography, etc.) and companies carrying too much debt or whose income comes mainly from non-compliant activities. Compliance is assessed through a sector screen and then financial ratios, according to recognised standards such as those of the AAOIFI.
A share is considered compliant after two screens. First a sector screen: the company's main activity must not fall within a prohibited field. Then financial ratios, according to the AAOIFI standards: interest-bearing debt measured against market capitalisation below 33 %, interest-bearing cash and investments below 33 %, and income from non-compliant activities below 5 % (to be purified). This screening must be reviewed periodically, because a company's situation changes.
The question cannot be settled in one block: it depends on the asset and on its use. A cryptocurrency used as a means of exchange or a store of value may be considered compliant by many contemporary scholars, whereas protocols founded on interest (staking akin to riba, interest-based lending platforms) are problematic. Each case is examined according to its real economic structure, not according to its label.
Conventional pillar 3a often relies on vehicles that contain interest or unscreened assets. It is nevertheless possible to build compliant retirement provision by selecting investment vehicles compatible with the principles of Muslim ethics and avoiding components based on riba. This is a subject where the Swiss context matters particularly: taxation, deduction ceilings and the platforms accessible from Switzerland must all be taken into account together.
Riba means interest or usury: any surplus obtained without real consideration in a loan or an exchange. It is prohibited in Islam because it generates a gain disconnected from real risk and real work. In practice, avoiding riba means excluding conventional bonds, interest-bearing accounts and companies whose model rests on lending at interest, in favour of investments backed by assets and by a real economic activity.
No. Compliant investing is not reserved for an elite: it is a matter of method, not of amount. What counts is the rigour of the screening and the discipline of the approach, which apply whatever the starting capital. ALG Club’s guidance aims precisely at making every member autonomous in their decisions, whatever their starting point.
Yes — that is its very reason for being. Personal taxation, cantonal particularities, the Swiss franc, pillar 3a and the platforms accessible from Switzerland: the whole framework is designed for Swiss residents wishing to invest in a compliant way. ALG Club was, moreover, founded by two Swiss Muslim brothers, who know this reality from the inside.
Understanding halal investing
Our reference guides for mastering the principles and applying them concretely, in Switzerland.
Islamic finance
The core principles — riba, gharar, maysir, AAOIFI — and their logic.
Investing without riba
What riba is, what to avoid, and how to invest without interest.
Halal ETFs
How to choose a Sharia-compliant ETF, accessible from Switzerland.
Halal crypto
Is Bitcoin compliant? Gharar, maysir, riba, staking — the case-by-case analysis.
Halal gold
Gold is a ribawi asset: real possession, immediate settlement, and the Swiss framework.
Buying gold in Switzerland
VAT, 995 fineness, real possession, allocated storage and taxation.
Zakat on gold
Nisab, rate, jewellery worn, and the method of calculation in Swiss francs.
Gold ETFs or physical gold
What AAOIFI standard no. 57 says, and which ETFs really hold allocated gold.
Gold on credit
Instalments, cards and pledging: what AAOIFI Standard No. 57 says.
Sukuk
“Islamic bonds”: structure, known pitfalls and access from Switzerland.
Investing 10'000 CHF
The order of steps, compliant holdings, costs and Swiss tax.
Halal stocks
The sector screen and the three AAOIFI ratios, read in published accounts.
Assess your situation, free of charge.
Three tools, with no sign-up, to take stock of the compliance of your wealth and put figures on your decisions — designed for Swiss reality.
Is my wealth halal?
Test the compliance of your current investments against the AAOIFI standards, in 2 minutes.
Halal pillar 3a calculator
Your tax saving by canton, with retirement provision in line with Muslim ethics.
Halal compound interest
Visualise the growth of your capital over time, a perfectly licit mechanism.
What members say about it.
Entrepreneurs, employees, finance professionals: members from French-speaking Switzerland describe, on camera, what our guidance has changed in their decisions. Their reviews published on Trustpilot remain open for anyone to read.
Interviews with members.
Figures provided by the members interviewed, with their consent and without any consideration. They reflect specific situations and periods, are not verified by ALG Club and constitute neither a promise nor an indication of future returns. All investment carries a risk of capital loss.
ALG Club’s Trustpilot rating, based on 18 reviews published by members — all of them 5 stars. Every review can be read publicly, independently of us.
Read the reviews on Trustpilot“A serious, structured and perfectly organised environment, which makes it possible to learn gradually and effectively. […] Their approach is clear, rigorous and reassuring.”
“I really feel supported: during the live sessions we ask our questions, they answer, they are available — and that is quite rare in this field. For availability and responsiveness, I would say 10/10.”
“Honestly, I hesitated a great deal beforehand. But fortunately, I made the right decision […] since then, I have been learning new things continuously.”
Speak to an expert about your halal investing.
A first confidential conversation, with no obligation, with a member of our team. We look at your situation and tell you, with complete transparency, whether our compliant guidance can bring you real value. Ten admissions a month, at most.