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We believe the Islamic Investment industry desperately needs reinvention. Not only are the products offered inefficient and hard to access, but a dwindling number of people can say "I trust my financial advisors to look out for my faith." It doesn’t have to be this way. Our mission is to fix this problem. We are using modern technology to re-imagine and re-build ethical investing from the ground up. We’re focusing on improving the lives of everyday consumers with less expensive, more transparent financial products.

A Truly Effortless Experience

We seek to provide everyone with access to invest ethically, which is why we have account minimums as low as $500 with fees as low as 0.29%. We make the complex investment process simple and clear.

1

Answer a few Simple Questions

2

Transfer Funds

3

Sit Back

4

Relax and Monitor

Security

Your investment is insured up to $500,000 per account type for certain types of losses. Your account is insured through our trusted Broker/Custodian, Apex Clearing Corporation, a member of the Security Investor Protection Corporation. For details, please see www.sipc.org

Advisory Board

Khalid Al Jassim

Mr. Al Jassim has over twenty years of Investment Banking and Corporate Advisory experience gained with some of the most innovative and ground breaking institutions in the world. He currently serves as the Managing Partner of Afkar Holdings. Previously, Khalid was with Arcapita Bank and was instrumental in forming the bank’s vision, mission and strategy. At the time that Khalid left Arcapita to build his personal business he was an Executive Director of the bank and member of the Management Investment Committee, Management Administration Committee and head of placement. Khalid has a BSC in Computer Science & Mathematics from California State University Long Beach and an Executive MBA from Pepperdine University, Malibu, California.

Nasr-Eddine Benaissa

Mr. Benaissa has an enviable track record in the financial services sector and currently serves as the Chief Investment Officer for Mawarid Investments. In 2007, he co-founded the Eastgate Capital Group in Dubai and built it into one of the largest regional players with Commitments under Management of US$ 1.3 billion. Before that, Mr. Benaissa was a Partner with McKinsey & Company, where he spent eight years. While at McKinsey, he co- founded the Islamic Banking practice at McKinsey, and co-led the financial institutions and retail practices in the Middle East. He was also a lead member of the of the emerging markets financial services group. Previously, he worked at Ernst & Young in London and Paris in the Financial Services Group and at the United Nations in Geneva. Mr. Benaissa holds an M.Sc. from Ecole des Hautes Etudes Commerciales in Paris (HEC).

Laurent Nordin

Laurent Nordin is a Director at Mckinsey&Company. He joined the Paris Office of the Firm in 1995 and mostly served Financial institutions in France where he was elected a partner in 2001. In 2002, he joined the newly opened Middle-East Office in Dubai, where he created and led the Financial Institutions practice for the region, serving and transforming banks especially from Dubai, Saudi Arabia and Qatar on their journeys to become leading regional institutions. Laurent also created and led the Sovereign Wealth Funds practice and later co-led the global Principal Investors and Family-Owned Business practices. Laurent’s passions are corporate transformations journeys and governance. He has helped leading institutions in the Gulf Cooperation Council (GCC) countries design and implement multi-year growth and performance journeys spanning a wide variety of projects, including strategy, organisation, mergers and acquisitions, and operations. He has also served major Gulf-based family groups over many years on a broad range of issues, including family governance. Laurent was a co-founder and Board member of the GCC Board Directors Institute, a not-for-profit organization. He led McKinsey involvement in the Institute which aims at promoting best governance practices in the Gulf and training Board directors. Laurent is a French National, he graduated from French Grande Ecole Supelec (Masters' degree) and from INSEAD MBA. He is married with 5 children.

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Trust, Transparency, Ethics

Our commitment to ethics is overseen, certified, and continually monitored by Straightway Ethical Advisory LLC.

Our Ethical Compliance Review Panel will advise, review and monitor the design and implementation of our products for compliance with Islamic financial ethics. The Islamic approach to investment encourages a slower, more thoughtful decision-making process than the conventional one, and aims to avoid investment in companies that cause harm to people or the environment.

Our Ethical Review Board

Scholars who have approved our securities, systems, and technologies.

Sheikh Taha Abdul Basser

The Managing Partner of Straightway Ethical Advisory LLC, Taha Abdul-Basser, has served as a financial ethicist for investment funds and banks for over than 15 years. He received his Bachelors (A.B.) in the Comparative Study of Religion from Harvard College, a Master's (A.M.) in Arabic and Islamic Studies from the Department of Near Eastern Languages and Civilizations at Harvard University and is an ABD from the same department. Abdul-Basser has been a course instructor at the Harvard Business School, and was previously a key staff member at the Harvard Islamic Finance Program for 19 years. Sheikh Taha Abdul Basser heads the Ethical Review Board for Wahed Invest Inc.

Sheikh Humza Maqbool Chaudhry

Humza Maqbool was born in Whittier, California. He holds a B.S. in Biochemistry (2004) and a B.A. in Near Eastern Languages and Civilizations (2004) from the University of Washington. He served as the president of the Muslim Students Association at the University of Washington. He is particularly active throughout the west coast of the US, regularly giving lectures, leading classes, teaching web-based courses, delivering guest sermons and participating in conferences in the area.

Sheikh Musa Furber

Musa Furber has majored in linguistics at Portland State University, with an emphasis on computational linguistics and cognitive science. After graduating from college, he completed an intensive four-year study of the traditional Islamic disciplines--including Qur'anic studies, Prophetic traditions (hadith), ethics and law (fiqh), advanced Arabic grammar and the Prophetic biography (sira). Post his graduation, he relocated to Cairo, Egypt, where he completed a prestigious training program in the issuance of legal responsa (fatawa) at Dar al-Ifta' al-Misriyya, under the direct supervision of Shaykh Dr. Ali Jumu`a, the Mufti of Egypt.

Ethical Compliance

Screening Process

Our Ethical Review Board, headed by Sheikh Taha Abdul Basser, screens all holdings to ensure their compliance with Islamic norms and jurisprudence.

Investment Purification

Purification is the cleansing process that requires any investment income that might have been generated from unlawful activities according to Islamic principles be given to charity.

Purification Calculation Methodology

1

Purification is a pivotal element of the Islamic investment process and ensures that no money that has been earned has come from unethical means.

2

Our Shari'ah Board calculates the purification amounts and accrues it daily for all securities.
This is calculated by considering the following:

  • The number of shares of each security
  • The net income per share for each security
  • Number of days held for each security
3

We provide you with a unique annual purification report that includes all calculation figures and methodology used.

Our Offerings

Automated

We believe your time is precious and so is managing your investments. Hence, our automated software is actively managing your investment portfolio for no additional cost, you may sit back, Read more

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Ethical

We at Wahed believe that simplicity is the key to long term wealth creation. Combining Islamic principles with Modern technology we provide the most optimal ethical portfolios to Investors.

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Low cost

We respect your valuable investment and try to protect each dollar spent on management fees, commissions and other hidden fees that will erode the capability of your investment to earn future returns. Read more

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Transparency

Wahed has created an open ledger system for all transactions. You can easily view every transaction and know the fees you’re paying for your Wahed account. Easy accessibility to the Wahed portal ensures our commitment to transparency.

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Diversification

Wahed believes that you should never put all eggs in the same basket. The most important rule of investing begins with Diversification. We offer portfolios composed of 6 different asset classes across 5 continents, providing your portfolio global exposure.

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Securities

Why worry about your investments with Wahed, when we have got you covered. Wahed shields you with institutional level security including website encryption. Insuring securities in your account up to $500,000 by SIPC. We are regulated by SEC and FINRA, Read more

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About Shots

Automated & Accessible

The Wahed Invest Platform is a completely digital wealth management offering from account opening, portfolio allocation, to rebalancing. Personalized online accounts that are fully diversified and periodically rebalanced – accessible anytime and anywhere from a desktop, tablet or phone. This platform has been designed and developed to allow clients to sit back and relax while our financial algorithms do all the work. We manage personalized accounts off all its clients and diversify portfolio allocations based on our client’s risk profile and periodically rebalance their portfolio while they can sit back and monitor.

Automated & Accessible

The Wahed Invest Platform is a completely digital wealth management offering from account opening, portfolio allocation, to rebalancing. Personalized online accounts that are fully diversified and periodically rebalanced – accessible anytime and anywhere from a desktop, tablet or phone. This platform has been designed and developed to allow clients to sit back and relax while our financial algorithms do all the work. We manage personalized accounts off all its clients and diversify portfolio allocations based on our client’s risk profile and periodically rebalance their portfolio while they can sit back and monitor.