Saudi Arabia, 25th Nov 2025 – HalalWasit, the leading Arabic platform for halal trading reviews and broker analysis, today announced the launch of its revolutionary transparent rating methodology. This comprehensive system evaluates trading brokers using 14 objective criteria with fully disclosed weights and mathematical formulas, setting a new standard for transparency in the financial services review industry.
The new rating system is now live at halalwasit.com and immediately available to thousands of Arab traders across the Middle East and North Africa.
In an industry where rating methodologies are often opaque and subjective, HalalWasit has taken a bold step toward complete transparency. The new system evaluates every broker using the same 14 objective criteria, ensuring fair and comparable assessments across all platforms regardless of their regulatory category or market position.
The rating methodology combines three independent evaluation systems. Expert rating accounts for 92 percent of the total score, based on comprehensive evaluation by HalalWasit’s expert team across 14 objective criteria. User reviews from the HalalWasit community contribute 5 percent, reflecting real experiences from Arab traders. External reputation from trusted sources including Trustpilot and WikiFX accounts for the remaining 3 percent.
Key Rating Criteria Include:
Each broker is evaluated across 14 criteria with publicly disclosed weights:
- Regulation and compliance (16 percent) – The highest weight, recognizing that license strength determines legal protection levels for traders’ funds
- Fees and commissions (13 percent) – Analyzing all visible and hidden costs that affect profitability
- Trading platform quality (12 percent) – Evaluating indicators, tools, and stability
- Deposit and withdrawal processes (12 percent) – Assessing speed, reliability, and available payment methods
- Customer service (8 percent) and security (8 percent) – Covering support channels, response times, Arabic language support, data encryption, KYC processes, and fund segregation
- Mobile app quality (5 percent), account types (3 percent), and available assets (3 percent)
Three optional criteria can significantly impact ratings: educational resources (7 percent), Islamic account availability (4 percent), and bonuses and promotions (1 percent). If a broker does not offer these optional features, they receive zero points in those categories, ensuring a clear and fair penalty system.
Mathematical Transparency
The rating system uses a clear mathematical formula that anyone can verify. The base rating equals the sum of each criterion’s points multiplied by its weight.
The final rating applies a license multiplier to the base rating, ensuring that weakly regulated brokers cannot achieve high ratings even with excellent features. Brokers with strong licenses scoring 8.0 points or higher receive a 1.0 multiplier, while unregulated brokers scoring below 6.0 points face a 0.70 to 0.85 multiplier, representing a 15 to 30 percent discount that reflects regulatory risk.
Traditional broker rating systems often lack transparency, making it difficult for traders to understand how ratings are calculated. HalalWasit’s methodology addresses this fundamental industry problem through full disclosure of all weights and formulas, fair comparison using identical criteria for all brokers, clear penalties for missing features, and verifiable calculations that traders can independently confirm.
The rating methodology page includes detailed explanations, step-by-step calculation examples, and a comprehensive FAQ section, allowing traders to understand every aspect of the evaluation process. Ratings are automatically updated when new user reviews are submitted, broker information changes, or external sources are updated through quarterly reviews.
The rating system maintains complete objectivity and independence. Even if HalalWasit has a commercial partnership with a broker, the rating is calculated using the same method with identical criteria, weights, and formula. This rating independence forms the foundation of HalalWasit’s credibility and trustworthiness in the Arab trading community.
“Transparency isn’t optional for us—it’s a fundamental commitment,” said Faisal Al Malki, Editor-in-Chief at HalalWasit. “Every decision in our rating methodology must be explainable and defensible with logic and data. We believe trust is built on transparency, and Arab traders deserve to know exactly how we evaluate brokers. This system empowers traders to make informed decisions based on objective, verifiable information.”
The launch of this transparent rating system represents a significant milestone in HalalWasit’s mission to provide trustworthy, Shariah-compliant trading information to Arab traders worldwide. By making the evaluation process completely transparent, HalalWasit enables traders to understand not just which brokers score well, but why they score well, allowing for more informed decision-making.
About HalalWasit
HalalWasit is the leading Arabic platform providing halal trading reviews, broker analysis, and educational content for Arab traders. The platform combines Islamic finance expertise with technical trading analysis to help traders make informed, Shariah-compliant decisions. HalalWasit serves thousands of traders across the Middle East and North Africa, providing comprehensive reviews, real-time market analysis, and educational resources in Arabic.
For More Information
Visit the full rating methodology page: https://halalwasit.com/rating-methodology
Contact the editorial team: https://halalwasit.com/contact
Website: https://halalwasit.com/
Media Contact
Organization: HalalWasit
Contact Person: Faisal Al Malki
Website: https://halalwasit.com/
Email: Send Email
Country:Saudi Arabia
Release id:37714
General Disclaimer: This content is for informational purposes only and does not constitute financial advice, investment guidance, or a recommendation. Users should independently verify all information before making any financial decisions.
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