Conventional financial institutions have successfully utilized technology to create a seamless online experience for the user. Unfortunately, halal investing has not kept pace in this regard. Opening a halal investment account can often be time consuming and inconvenient for the normal investor. With Wahed, clients can open accounts online and in minutes, fund their account free of charge and start with as little as $100, and monitor their performance at any time.
Wahed’s portfolio have been built based on Nobel-prize winning Modern Portfolio Theory, and is overseen by a full time Ethical Review Board to ensure that all investments are halal.
Welcome to the modern age of halal investing with Wahed!
Everyone should have access to a financial advisor
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Wahed is here for people from diverse economic backgrounds, we have clients in more than 45 states1. Wahed’s mission is simply to make halal investing accessible and to encourage a more financially healthy lifestyle throughout Wahed’s broader communities.
Whether you’re a college student, early in your career or planning on retiring, we’ll help you put your money to work with just a few clicks.
If you’d like to learn more about halal investing and the halal economy in general, check out Wahed’s Journal, which features industry insights and ‘investing 101’ topics.
Shaykh Dr. Yasir Qadhi will lead Wahed’s education efforts
We’re delighted to announce that Shaykh Dr. Yasir Qadhi has joined Wahed, as an ethical advisor.
Shaykh Dr. Yasir Qadhi has more than 20 years of experience as a Muslim scholar and has published numerous books and articles. He currently serves as Dean of Academic Affairs at AlMaghrib Institute, one of the leading and influential institutions in the western part of the world. He leads numerous activities that help improve our communities and build better future generations through education. He also serves as a Professor at Rhodes College, and as a Resident Scholar of Memphis Islamic Center.
Shaykh Dr. Yasir will be leading Wahed’s efforts in spreading awareness about halal investing as part our vision of creating an educational platform for the community. “Money is something that intrinsically is beloved to all people, and while it is indeed one of this world’s most difficult tests, it is also one of the best and most efficient manners of earning Allah’s pleasure,” said Shaykh Dr. Yasir. “Each and every penny that we earn and spend can become an act of worship if it is done properly. Our Prophet would regularly pray to Allah to be blessed with ‘rizqan tayyiban’, which translates as pure and blessed sustenance.”
This is not an endorsement or recommendation for any of the organization’s products or services. This information contained therein neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell any securities and is for informational purposes only. This article was produced for Muslimmatters.org as part of a promotional package for Wahed.
Keep supporting MuslimMatters for the sake of Allah
Alhamdulillah, we're at over 850 supporters. Help us get to 900 supporters this month. All it takes is a small gift from a reader like you to keep us going, for just $2 / month.
Dr. Yasir Qadhi said in one of his lectures in ICNA convention that he is not an expert in islamic financing, he has expertise in other fields of theology so people should not ask him anything about economics or financial matters.
I don’t know if this is happening to others or not – but since the erupt of Ustadh NAK tragedy, the matter has been bluntly left open with no conclusion whatsoever for the public. We (or ‘I’) STILL don’t know whom to trust. A dozen scholars here and a dozen there completely opposing each other. I’m no more in a situation to trust the scholars blindly and now no matter who supports who, it wont matter much to the Ummah. There was a good old time when everything this Shaykh said was correct, everything that Ustadh told was logical.. but now its no more. We don’t know whom to trust. Period. Either it should be made clear by talking about it or it shouldn’t have been brought out in the first place.
Esha
November 27, 2017 at 2:37 PM
Dr. Yasir Qadhi said in one of his lectures in ICNA convention that he is not an expert in islamic financing, he has expertise in other fields of theology so people should not ask him anything about economics or financial matters.
Amatullah
December 4, 2017 at 12:35 AM
I don’t know if this is happening to others or not – but since the erupt of Ustadh NAK tragedy, the matter has been bluntly left open with no conclusion whatsoever for the public. We (or ‘I’) STILL don’t know whom to trust. A dozen scholars here and a dozen there completely opposing each other. I’m no more in a situation to trust the scholars blindly and now no matter who supports who, it wont matter much to the Ummah. There was a good old time when everything this Shaykh said was correct, everything that Ustadh told was logical.. but now its no more. We don’t know whom to trust. Period. Either it should be made clear by talking about it or it shouldn’t have been brought out in the first place.