Wahed Editors
This material is for informational purposes only. The information is not intended to be used as the only basis for investment decisions, nor should it be construed as advice designed to meet your particular needs. You are advised to seek the advice of your financial adviser, legal or tax professional, prior to making any decision based on any specific information contained herein.
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Wahed Invest LLC. is registered as an investment advisor with the Securities and Exchange Commission. Registration does not imply a certain level of skill or training. Custodial and brokerage services are provided by Apex Clearing Corporation, a member of the New York Stock Exchange, FINRA and SIPC.
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Valle Puerto Julio - September 17, 2017
I love to learn how to.
Ibrahim Muhammad - November 21, 2017
Assalamu alaikum please how can someone get a profitable business without jumping into taking haram.
Wahed Support - November 23, 2017
Hello Ibrahim, thank you for reaching out! We help you receive a halal diversified portfolio so you can start investing your savings. To see how your portfolio would look like, visit this link https://wahedinvest.com/app/home/register
mohamed itoua - May 24, 2018
Hello
My name is Mohamed Itoua, I am 19 and I have absolutely no knowledge in investng. I read through your website and found it interesting and I even created an account to start investing but could you explain me in simple words what makes it halal because with my limited understanding, I don’t get how can I become richer just by putting my money in here. (and everything halal…?)
admin - May 24, 2018
Hello Mohamed
Thank you for your interest!
We have an active Ethical Review Board which ensures that all investments are halal. The board screens the investment avenues based on a strict set of constraints.
In brief, any portfolio cannot hold shares of a company that:
Provides non-Islamic financial services and any other related interest services.
Manufactures/sells products or services not approved by the Ethical Board (i.e. liquor, tobacco, gambling, pornography etc).
Have interest revenue exceeding a certain percentage of total revenue (usually 5%) – unless it is given to charity.
Do not have a certain percentage of non-liquid assets.
In addition, we do not invest in bonds, which pay out interest. Alternatively, we invest in Sukuks (Islamic Bonds) whereby the holder is entitled to a part of an asset rather than a debt obligation.
Let us know if you have any further questions, we’d be happy to assist.
Regards,
Team Wahed