Wahed Invest LLC. (“Wahed”) is an online investment advisor that aims to provide an efficient and halal investment platform. Our platform will allow investors from all income brackets to invest their savings ethically and efficiently.
Who certifies Shari'ah compliance?
In order to display our commitment to best practices in the field of Shari'ah compliance, we have designated our Shari'ah review to Straightway Ethical Advisory LLC, a leading US-based Shari'ah financial advisory firm. The review panel is headed by Sheikh Taha bin Hasan Abdul-Basser and will advise Wahed Invest on matters of Shari'ah compliance and Islamic financial ethics.
Is there a minimum balance?
Yes, the minimum balance is $100. We strive to provide such a low balance in order to make our service accessible to everyone.
Are there fees for deposits or withdrawals?
ACH deposits and withdrawals are free of charge. Wahed’s Wrap Fee is inclusive of all management fees, custodian fees, and transaction fees, except for any wiring, IRA, withdrawal or other miscellaneous fees that are charged by the custodian.
How it works
How is my money invested?
The place to discuss anything about Halal investing or Wahed