About Wahed

Wahed is an online platform that offers Shariah-compliant investment options, allowing users to invest in a diversified portfolio of assets typically reserved for high-net-worth individuals. By providing accessible and affordable financial products, Wahed addresses the need for Halal investing, enabling individuals to grow their wealth without compromising their values.

<problem> Many individuals seek investment opportunities that align with their religious values, specifically adhering to Shariah principles which prohibit investments in industries like alcohol, gambling, and interest-based lending. Traditional investment platforms often lack options that comply with these ethical and religious guidelines, limiting the choices available to this segment of investors. </problem> <solution> Wahed provides an online investment platform offering a range of Shariah-compliant investment portfolios, enabling individuals to invest in a diversified manner while adhering to Islamic finance principles. The platform offers various risk tolerance levels, allowing users to select portfolios that align with their financial goals and risk appetite. Wahed's investment strategies are overseen by a Shariah Review Bureau, ensuring compliance with Islamic guidelines. The platform simplifies the investment process by automating portfolio management, rebalancing, and purification, making it accessible to both experienced and novice investors seeking ethical investment options. Wahed also provides tools such as a Zakat calculator to help investors fulfill their religious obligations. </solution> <features> - Diversified Shariah-compliant investment portfolios across various risk tolerance levels (Very Conservative to Very Aggressive). - Investments screened to exclude companies involved in prohibited industries such as alcohol, gambling, tobacco, and interest-based finance. - Automated portfolio rebalancing to maintain target asset allocations. - Annual purification process to cleanse portfolios of any non-compliant income. - Zakat calculator to assist users in calculating and fulfilling their Zakat obligations. - Access to Halal investment options typically reserved for high-net-worth individuals. - Mobile app for account management, funding, and performance tracking. - Educational resources on Islamic finance and investment principles via the "Muslim Money Experts" blog. </features> <target_audience> Wahed's primary target audience consists of Muslim individuals and institutions seeking Shariah-compliant investment options to grow their wealth in accordance with their religious beliefs. </target_audience> <revenue_model> Wahed generates revenue through a tiered wrap fee based on the assets under management (AUM). For investments less than $100,000, the annual fee is 0.49% of AUM; for investments greater than $100,000, the annual fee remains at 0.49%. </revenue_model>

What does Wahed do?

Where is Wahed located?

Wahed is based in London, United Kingdom.

When was Wahed founded?

Wahed was founded in 2017.

Location

London, United Kingdom

Founded

2017

Employees

196 employees

Major Investors

Qatar Development Bank

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Wahed

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

wahed.com 30K+

Crunchbase

Founded 2017 – London, United Kingdom

Funding

Major Investors

Qatar Development Bank

Team (100+)

No team information available.

Company Description

Problem

Many individuals seek investment opportunities that align with their religious values, specifically adhering to Shariah principles which prohibit investments in industries like alcohol, gambling, and interest-based lending. Traditional investment platforms often lack options that comply with these ethical and religious guidelines, limiting the choices available to this segment of investors.

Solution

Wahed provides an online investment platform offering a range of Shariah-compliant investment portfolios, enabling individuals to invest in a diversified manner while adhering to Islamic finance principles. The platform offers various risk tolerance levels, allowing users to select portfolios that align with their financial goals and risk appetite. Wahed's investment strategies are overseen by a Shariah Review Bureau, ensuring compliance with Islamic guidelines. The platform simplifies the investment process by automating portfolio management, rebalancing, and purification, making it accessible to both experienced and novice investors seeking ethical investment options. Wahed also provides tools such as a Zakat calculator to help investors fulfill their religious obligations.

Features

Diversified Shariah-compliant investment portfolios across various risk tolerance levels (Very Conservative to Very Aggressive).

Investments screened to exclude companies involved in prohibited industries such as alcohol, gambling, tobacco, and interest-based finance.

Automated portfolio rebalancing to maintain target asset allocations.

Annual purification process to cleanse portfolios of any non-compliant income.

Zakat calculator to assist users in calculating and fulfilling their Zakat obligations.

Access to Halal investment options typically reserved for high-net-worth individuals.

Mobile app for account management, funding, and performance tracking.

Educational resources on Islamic finance and investment principles via the "Muslim Money Experts" blog.

Target Audience

Wahed's primary target audience consists of Muslim individuals and institutions seeking Shariah-compliant investment options to grow their wealth in accordance with their religious beliefs.

Revenue Model

Wahed generates revenue through a tiered wrap fee based on the assets under management (AUM). For investments less than $100,000, the annual fee is 0.49% of AUM; for investments greater than $100,000, the annual fee remains at 0.49%.