Wahed

Wahed is a global Islamic fintech company that provides Shariah-compliant investment and savings solutions. Founded in 2015, its core mission is to democratize access to ethical finance by offering investment products and services that adhere to Islamic principles, aiming to foster a riba-free (interest-free) society. While operating globally, Wahed's primary headquarters are located in New York City, New York, USA.

The company offers a range of products and services, including automated investment platforms (robo-advisors), Shariah-compliant Exchange-Traded Funds (ETFs) such as HLAL, UMMA, and KWIN, and real estate investment funds, including a single-family residential real estate fund for retail investors. Wahed also provides a Halal Stock Screener mobile app and manages diversified portfolios comprising global equities, sukuk (Islamic bonds), and gold. These offerings cater to individual investors, Muslim consumers, and values-driven individuals seeking ethical financial products across over 130 countries.

In May 2026, Wahed announced it had surpassed $2 billion in Assets Under Management (AUM), highlighting significant growth in demand for Shariah-compliant digital investing. Recent developments include the launch of pioneering UCITS ETFs with additional values-based screening in January 2026 and a partnership with Qatar's General Authority of Endowments in June 2026 to develop an AI Shariah equity analysis platform. Mohsin Siddiqui assumed the role of Group CEO in March 2024, succeeding founder Junaid Wahedna. Wahed is positioned as a leader in the Islamic fintech sector, actively working towards building a global asset-backed bank to further integrate Shariah-compliant savings, investing, and wealth management.