Wahed Invest Promotion
Sheikh Dr. Yasir Qadhi, Sheikh Taha Abdul Basser – Wahed Panel Discussion at ICNA
Wahed Invest LLC (“Wahed”), the first digital halal-focused ethical investing platform, launched mobile apps for iOS and Android in March 2018, enabling people to invest ethically wherever they are located. Using Wahed’s mobile app, individuals can get an optimized and diversified halal portfolio, open an account, securely link their bank accounts to their investment portfolios, quickly access their funds, deposit money into accounts and monitor the performance of their portfolios, all from their smartphone.
The apps can be download at
Wahed Invest Promotion
Wahed Invest Promotion: Financial Screening
Investments are screened for the presence of interest, or Riba, as well as certain debt ratios. Wahed follow’s the AAIOFI standards.
Wahed, as a company, ensures that all contracts, processes, and decisions are taken in compliance with Islamic Ethics.
Wahed goes 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.
Wahed’s 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
Wahed Invest Promotion: Reporting
Wahed provide you with a unique annual purification report that includes both the methodology used and the calculation figures.
Wahed Invest Promotion: Wahed’s Full-time Ethical Review Board
Scholars who have approved our securities, systems, and technologies.
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 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 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).
Junaid Wahedna’s Interview With CNBC’s Dan Murphy.
Advisors and Board Observers
Khalid Al Jassim Director, Afkar Holdings Ex. Partner, Arcapita Bank
Nasr-Eddine Benaissa Ex. Partner, McKinsey & Co, Managing Partner Eastgate Capital, DIFC.
Laurent Nordin Ex. Director, McKinsey & Company
Amir Farha Managing Partner, BECO Capital
Sir Iqbal Sacranie, OBE Ex. Chairman, Muslim Aid Secretary General, Muslim Council of Britain
Sheikh Dr. Yasir Qadhi PhD, Theology, Yale University, USA
Ali Rahimtula Partner, Cue Ball Capital, Ex. Goldman Sachs
Feras Al Kandari Managing Director, Rosette Merchant Bank, UK
John El Khair Ex. Managing Director, JP Morgan, Advisor to CEO, QIA Ex. Chairman, Islamic Bank of Britain
The Wahed Investment Committee consists of expert scholars and industry professionals.
Navid Goraya Managing Director, White Oak Advisors Inc., New York, USA Ex. Managing Director and Global Head of Wealth Management, HSBC, New York, USA
Professor Jahangir Sultan Professor of Finance, Bentley University, Boston, USA Advisory Board Member at Artico Partners, Zurich and Greentechnologies Ltd, New York, USA
Samim Abedi Global Head of Portfolios, Wahed Inc. Ex. JP Morgan, Global Investments and Fixed Income Investment Strategy Ex. Trading and Investments at Google