Wahed's halal robo-advisor builds automated Shariah-compliant managed portfolios for retail customers across six risk profiles.
Wahed's halal robo-advisor is an automated investment service that builds Shariah-compliant managed portfolios for retail customers using six risk-tiered allocation profiles ranging from Very Conservative to Very Aggressive. The service screens securities through an independent Shariah Committee of senior Islamic finance scholars and clears trades through Apex Clearing Corporation as the underlying brokerage partner.
The robo-advisor onboards customers through a self-serve digital flow with no advisor meetings and is delivered as a WRAP-fee investment account that charges advisory fees disclosed in a public Wrap Fee Brochure. The product is offered through Wahed Invest LLC, an SEC-registered investment advisor, and underpins Wahed's broader halal investing platform alongside real estate, retirement, and ETF products.
| Attribute | Halal Robo-Advisor | Halal Investing App | Halal Wealth Platform | |
|---|---|---|---|---|
| Provider |  |  |  | |
| Founded | 2015 | 2021 | 2017 | |
| Sells To | Consumer | Consumers | Consumer | |
| Pricing Model | Subscription | Recurring, Software, Transactional | Subscription | |
| Ownership | Venture-backed | Venture-backed | — |
Provider
Founded 2015
Sells To Consumer
Pricing Model Subscription
Ownership Venture-backed
Provider
Founded 2021
Sells To Consumers
Pricing Model Recurring, Software, Transactional
Ownership Venture-backed
Founded 2017
Sells To Consumer
Pricing Model Subscription
Ownership —
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Amana Mutual Funds is Saturna Capital's family of long-running Shariah-compliant equity and fixed income mutual funds.
SPUS is a Shariah-screened US large-cap ETF tracking the S&P 500 Sharia Industry Exclusions Index.
SPRE is a Shariah-screened global REIT ETF offering halal real estate exposure on Nasdaq.
The Manzil Mortgage Fund is a publicly traded Canadian halal real estate fund financing Shariah-compliant residential mortgages.
