Create a custom fund

A custom fund is your own list of halal stocks with the weights you choose. Amal keeps checking compliance on every edit and can share it with others by link.

Key Takeaways

Four steps: Name, Holdings, Weights, Review
Start from scratch, from an existing fund, from a template, or by pasting tickers
Weights are exact. Amal does not rescale them after you save
Investing in a custom fund needs the Pro plan; building one does not

Step 1: Name

From the create screen pick Build a custom fund. Give it a name, an optional description, and an optional benchmark ticker such as SPY for the performance comparison. Then choose a starting point:

Start from scratch with an empty list.
Start from an existing fund to copy the holdings of one of your funds.
Use a popular template for a ready-made list.
Import tickers by pasting symbols separated by commas or new lines.

The Name step with the four starting options

Step 2: Holdings

Search by ticker or company name and add each stock. Every result carries a compliance badge, and blocked stocks from your blacklist are marked.

The Holdings step with the asset search and compliance badges

Step 3: Weights

Set a percentage per holding. The bar at the top shows the total. Three shortcuts help:

Equal weights gives every holding the same share.
Scale to 100% keeps your ratios but makes them add up.
Remove blocked drops anything on your blacklist.

Step 4: Review

Warnings appear here for doubtful or unrated holdings and for weights that do not sum to 100. Press Save custom fund. As with filtered funds, saving places no trades.

The Review step with warnings and the Save button

Editing later

Edit holdings in the fund's action menu reopens the builder. Compliance is re-checked on every save.

Open the fund's action menu and choose Share fund, then Enable sharing. You get a public link. Anyone who opens it sees the holdings, sector mix, and performance comparison, and can copy the fund into their own account. Copies can stay linked so your later edits sync to them, or be forked into an independent fund.

The Share custom fund page with the link and sync status

The public shared fund page a recipient sees

Swipe to see all 2 screens

Disable sharing stops the link working. Existing copies keep their last synced holdings.

Common problems

A stock will not add. It is not tradable on Alpaca, or it is on your blacklist. The badge tells you which.

Weights keep showing a warning after I scale. Rounding can leave the total at 99.9 or 100.1. Adjust one holding by 0.1.