Wahed is a digital Islamic investment platform and as the world’s first “halal robo adviser.
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, New York, with offices in London and Kuala Lumpur, Malaysia.
Wahed Invest is aimed at smaller investors looking for ethical investments. The company is registered with the U.S. Securities and Exchange Commission. An ethical review board monitors the company's investments to make sure they agree with Islamic values.
Wahed is set out to provide the world with a reliable, transparent, and most importantly, accessible investment product. The company's portfolios has been designed to help you get started regardless of your account size.
Wahed is backed by Saudi Aramco Entrepreneurship Ventures, BECO, CueBall Capital, Dubai Cultiv8, Rasameel and others. The company raised $25M in a new round on June 08, 2020. This brings Wahed's total funding to $40M to date.