We automate the screening, not the verdict
Aspar builds screening and underwriting tools for banks, lenders and Islamic finance institutions. We turn days of manual review into minutes, with every figure traceable back to its source.
About
Aspar is building screening and underwriting infrastructure for Islamic finance and emerging-market lenders, starting in Malaysia and expanding across the region.
We take the standards the industry already publishes and the checks underwriters run by hand, and turn them into software that is fast, consistent, and traceable to the source. Every answer can be explained, and every decision stays with the people accountable for it.
One platform
HalalPass and Baseera run on the same engine: it turns documents into structured, source-traceable answers, automating the screening and the spreading behind a financial decision, while the judgment stays with the institution.
Where we're headed
We start where the need is sharpest, in Malaysia's deep Islamic-finance market, then build toward the wider region, where the same screening and underwriting work is still done by hand.
Our products
Both run the work that used to take days, and hand the result, fully explained, to the person who owns the call.
HalalPass
Shariah screening
HalalPass screens unlisted businesses against published Shariah-screening methodologies (AAOIFI, SC Malaysia and the major index standards), using verified company and financial records instead of self-declaration. The result is a clear, structured assessment in minutes, with every figure traceable back to its source.
Built for Shariah advisory firms, Islamic financial institutions and financing platforms.
Visit halalpass.app →
Baseera
Underwriter's workbench
Baseera turns days of manual financial spreading into minutes. Upload scanned statements and it reads them, computes every ratio with a click-traceable source for each figure, applies your own lending rules, runs a transparent repayment projection, and writes a summary you can defend line by line.
Baseera informs the decision. It never makes it: no score, no automatic approve or reject.
Built for SME lenders and credit teams.
Visit withbaseera.com →Our approach
Every number links back to the document it came from. Nothing is a black box. Every answer can be shown, checked, and defended.
Our products apply published methodologies: AAOIFI, the Securities Commission of Malaysia, and international index standards such as FTSE, MSCI Islamic and S&P DJIM. We apply published standards, we don't invent our own.
The software does the calculation and the paperwork. The judgment and the accountability stay with your committee, your underwriter, your team.
For Shariah screening that means applying concrete, published limits the same way every time. For example, keeping income from non-compliant activity under 5%, and interest-bearing debt under 33% of assets.
Aspar applies published methodologies as a decision-support tool. Our screening results are opinions to support your process, not Shariah certifications or fatwas. No regulator or index provider reviews or endorses individual assessments.
Get in touch
Kuala Lumpur, Malaysia
