Wahed is an ethically-focused digital investment platform that provides access to diversified portfolios to residents of the US,UK and Malaysia.
Wahed is the first robo-advisor aimed toward Muslim investors with a Sharia-compliant platform.
Wahed Invest was established in 2015 by Junaid Wahedna. The company is headquartere in New York, with offices in London and Kuala Lumpur, Malaysia.
Wahed offers the ability to invest ethically in an easy and affordable way, particularly one that conforms to the principles of Islamic finance.
Wahed has gained support steadily since its inception in the US with over 300,000 clients globally across all Wahed entities. Wahed is also planning to launch an ethical neobank on its platform that will allow users to fulfil their banking and investing needs in one “super-app”.
Wahed is backed by Wa’ed Ventures- Saudi Aramco Entrepreneurship Ventures, BECO, Cue Ball Capitall, Dubai Cultiv8, Rasameel, Paul Pogba, and others. The company raised $50M in Series B round on Jun 16, 2022. This brings Wahed's total funding to $90M to date. The latest round valued the company at a $300M post-money.