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Wahed

Global fintech offering digitally managed, Shariah-compliant investing and wealth products.

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Highlights

Founded 2015
Wahed's official company timeline says its story began in New York.
450,000+ clients worldwide
Figure stated on Wahed's website.
$2bn+ assets under management
Figure stated in Wahed's current product and company materials.
2019: HLAL ETF launched
The Wahed FTSE USA Shariah ETF began on July 16, 2019.
$300,000 SEC penalty, 2022
The SEC cited misleading statements and compliance failures by Wahed Invest.

About Wahed

Founded in New York in 2015, Wahed is a financial-technology company built around expanding access to Shariah-compliant investing. It launched in the United States in 2017, the United Kingdom in 2018, and has since expanded across additional markets including Malaysia, the UAE, Nigeria and South Africa.

Wahed provides digitally managed portfolios built from Shariah-screened equities, sukuk, gold, REITs and other compliant assets. Its platform uses risk-based allocation and periodic rebalancing, while its product range also includes exchange-traded funds, savings products, real-estate investing and alternative-income strategies.

Its clearest strength is combining automated portfolio management with Islamic finance expertise and a retail-friendly digital distribution model. The firm has also developed its own ETFs, including the Wahed FTSE USA Shariah ETF, giving it capabilities beyond a conventional robo-adviser.

Current openings

0 live · 2 total
Internship Program
Off-cycle · UK
Closed
4 Jun 26 closed
Internship Program
Off-cycle · UK
Closed
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Sources

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