Wahed Invest at a glance
Wahed Invest is a digital, Shariah-compliant investment platform providing discretionary portfolio management and automated investing. Depending on jurisdiction, Wahed offers diversified portfolios containing assets such as equities, Sukuk, ETFs and other investments. Wahed operates through separately regulated entities in the United States, United Kingdom, United Arab Emirates and Malaysia.
Wahed Invest reports a founding year of 4 May 2015 and a head office in New York, USA. It lists 3 regulators and 1 trading platform.
BrokerBazaar verdict
Wahed Invest LLC is an SEC-registered investment adviser focused on automated, Sharia-compliant portfolio management rather than active trading. It offers a relatively simple investment approach with diversified portfolios, but investors should consider the advisory fees, limited direct trading functionality and investment risks before investing.
Legal entities, regulation and licences
Wahed Invest operates through 4 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Wahed Invest states that it accepts clients from USA, UK, UAE, Malaysia, Global. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Stocks, ETFs, Funds. Platforms: Wahed App. Account types: Individual.
Best-for tags assigned by our team: Sharia-Compliant, Robo-Advisor, Halal Investing.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $100. Spreads start from Not Available and commission is Management fee based. Maximum leverage is Data Not Available, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card. Withdrawal methods: Bank Transfer.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: uscompliance@wahedinvest.com. Phone: +1 855 976 4747. Complaints can be raised with Wahed Invest LLC through its support/compliance channels. For regulatory information and disclosures, refer to Wahed's legal and SEC-registered adviser information. The published US contact number is primarily identified for technical assistance, so do not describe it as a dedicated complaints hotline.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: SEC-registered investment adviser
- Strength: Sharia-compliant investment portfolios
- Strength: Automated robo-advisory investing
- Strength: Modern mobile and web experience
- Strength: Access to diversified portfolios including equities, Sukuk and gold
- Limitation: Not designed for active trading
- Limitation: Limited direct investment instrument selection
- Limitation: Wrap/advisory fees apply
- Limitation: Investment returns are not guaranteed
- Limitation: US regulatory profile does not represent Wahed's UK, UAE or Malaysia entities
Who this broker suits, and who it does not
Wahed Invest is most relevant to traders looking for: Sharia-Compliant, Robo-Advisor, Halal Investing.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Wahed Invest change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Wahed Invest yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Wahed Invest
Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 4.6/5; Google Play 3.4/5; Apple App Store 3.5/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Wahed Invest through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.