Our commitment to
Halal Investing

Our full time Ethical Review Board monitors all
investments to ensure that all returns are permissible.

straight-way

What is halal investing?

A halal investment fund is one that is structured in accordance to Islamic principles.
Our Ethical Review Board conducts the following screenings:

Financial Screening

Investments are screened for the presence of
interest, or Riba, as well as certain debt ratios. We
follow the AAIOFI standards.

Operational Screening

Wahed, as a company, ensures that all contracts,
processes, and decisions are taken in
compliance with Islamic Ethics.

Purification Methodology

We go the extra mile to ensure your wealth is pure.

  • What is 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.

  • The methodology

    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

  • Reporting

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

What is 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.

The methodology

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

Reporting

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

Our Full-time Ethical Review Board

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

Sheikh Humza Maqbool Chaudhry
Sheikh Humza Maqbool Chaudhry

Board Member

B.S. in Biochemistry, B.A. in Near Eastern Languages and Civilizations
Ex. President of Muslim Student Association, University of Washington
Director, Islamic Relief USA

Sheikh Taha Abdul Basser
Sheikh Taha Abdul Basser

Chairman of the Board

Managing Partner, Straightway Ethical
Advisory LLC
Bachelors, Masters, PhD Candidate, in
Arabic and Islamic Studies at Harvard
University

Sheikh Musa Furber
Sheikh Musa Furber

Board Member

Majored in Linguistics at Portland State
University
Intensive study of traditional Islamic
disciplines: Qur'anic studies, Prophetic
traditions (hadith), and ethics and law
(fiqh).

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investor is easy

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