Wahed Invest

No trading fees, no commissions, no hidden fees. It’s simple and clear.

Wahed is a digital halal investing platform that aims to make values-aligned investing more accessible, easier, and more affordable.

Wahed closes a $50 million Series B led by Wa'ed Ventures, valuing the US-based halal investing platform at $300 million. BECO Capital, Cue Ball Capital, and footballer Paul Pogba also participate, while the proceeds fund expansion across Saudi Arabia and the wider MENA region.

Jun 2022 · WamdaNews article

Wahed Inc., a US-based Islamic-finance fintech startup backed by Saudi Aramco, agrees to acquire Niyah Ltd., a British company that runs a digital banking app for the Muslim community. The acquisition aims to expand Wahed into Shariah-compliant retail banking in the UK.

Dec 2020 · ReutersNews article

Wahed raises a $25 million Series A to support its planned expansion into Indonesia, Nigeria, and India. Saudi Aramco Entrepreneurship Ventures leads the round, with existing investors BECO Capital and Cue Ball Capital joining Dubai Cultiv8 and Rasameel in backing the New York-based halal investing platform.

Jun 2020 · Crunchbase NewsNews article

Saudi Aramco Entrepreneurship Ventures, known as Wa'ed Ventures, leads a $25 million Series A round in Wahed Invest, with BECO Capital and Cue Ball Capital participating. The investment signals a strategic push by Saudi Aramco's venture arm into Shariah-compliant retail investing.

Jun 2020 · SWFINews article