Wahed
Latest round
- Series B
Last raised
- Jun 2022
Total raised
- $57M
Investors
- 3
About Wahed
Wahed Inc.Founded in 2017 in Abu Dhabi, United Arab Emirates, Wahed Inc. specializes in halal investing solutions. Wahed is not known to have undergone any significant business pivots.Wahed Invest Limited primarily offers a suite of halal investing solutions aimed at facilitating access to Shari’ah-compliant financial products. The core service involves providing globally diversified investment portfolios that exclude any riba (interest) and ensure adherence to Islamic finance principles. Clients can choose portfolios based on their risk tolerance and investment goals, with the investment process streamlined through advanced technology that manages dividends, reinvestments, and rebalancing automatically. Wahed’s target clientele includes individuals seeking ethical investment options, particularly within markets such as the Middle East, Southeast Asia, and Western nations with significant Muslim populations.Wahed Invest Limited generates revenue primarily through management fees charged on client accounts, specifically those under USD 250,000. The fee structure is designed to be competitive, positioning the service as an attractive option for clients aiming to grow their investments without incurring substantial costs. Transactions between Wahed and its clients typically involve a straightforward process where clients select a portfolio, fund their accounts, and the company handles the investment management. By utilizing technology to automate various aspects of the investment journey, Wahed enhances user experience while maintaining rigorous Shari’ah compliance.In November 2024, Wahed Inc. Wahed aims to introduce new products and expand into key markets, with a focus on increasing its presence in regions with growing demand for halal investment options.
Who invested in Wahed
3 investors across 2 rounds
See all investors in Wahed
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Wahed
Who invested in Wahed?
Wahed has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Wahed raised?
Wahed has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Wahed last raise money?
Wahed's most recent round on record is a Series B, in Jun 2022.
What does Wahed do?
Wahed is a financial services company.
Where is Wahed headquartered?
Wahed is headquartered in Abu Dhabi, United Arab Emirates.
Which VCs invest in companies like Wahed?
Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Wahed's stage. Their profiles are linked below.
VCs backing financial services startups at Series B
Raising like Wahed? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.