Wahed

Ethical Investing Made Simple

Wahed - Ethical Investing Made Simple

"Wahed" is a revolutionary Android app designed for ethical investing. With a simple risk assessment, it helps you build a personalized investment portfolio, focusing on Shariah-compliant assets. Start investing with just $100, with no long-term commitments required. Monitor your performance and make deposits or withdrawals anytime. Join thousands of satisfied clients and secure your financial future with Wahed's user-friendly platform.
Install from Google Play Store

App stats

Version: 3.73.1 (Last updated: 2025-01-15)
Version code: 173692425
Creation date: 2019-03-30
Permissions:
  • android.permission.ACCESS_ADSERVICES_AD_ID
  • android.permission.ACCESS_ADSERVICES_ATTRIBUTION
  • android.permission.ACCESS_MEDIA_LOCATION
  • android.permission.ACCESS_NETWORK_STATE
  • android.permission.ACCESS_WIFI_STATE
  • android.permission.CAMERA
  • android.permission.CHANGE_NETWORK_STATE
  • android.permission.DOWNLOAD_WITHOUT_NOTIFICATION
  • android.permission.FOREGROUND_SERVICE
  • android.permission.INTERNET
  • See more
Size: 103.29M

Ranking

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App summary

Thousands of clients from over 55 countries have started their journey with us. You too can put your money to work.

Wahed is the easiest way to invest your money in an Ethical manner wherever you are. You can start with just $100 with no long-term commitments whatsoever. You can place a deposit or withdrawal request at anytime.

Here’s how it works:

1. Get a recommended portfolio based on your risk profile
2. Open your account and deposit seamlessly
3. Monitor your performance, we’ll buy the investments for you automatically

Start saving for your future with this award winning and revolutionary digital Ethical investment platform - your phone becomes an investment portfolio management tool.

Wahed’s robo-advisor custom tailors recommendations based on a simple risk assessment questionnaire with one main purpose: finding the right investment strategy for you! Your money will be invested in different funds such as global stocks, emerging market stocks, Sukuk, and gold.

Commitment to Ethical investing:

• Our investments are carefully screened for the presence of interest, as well securities with excessive debt ratios
• We do not invest in impermissible industries including alcohol, gambling, arms and tobacco, among others
• Our company and portfolios have been certified as Shariah Compliant by AAOIFI standards by our full time Shariah Review Board

Signing up is easy. Download our app, take the risk assessment questionnaire and make your deposit to join thousands of clients who are investing for their future.

User reviews

These summaries are automatically generated weekly using AI based on recent user reviews. Google Play Store does not verify user reviews, so some user reviews may be inaccurate, spammy, or outdated.
Pros
  • User-friendly interface
  • Halal and Shariah-compliant investment options
  • Good for beginners looking for ethical investments
  • Decent returns reported by some users
  • Accessible investment platform with low minimum investment
Cons
  • Withdrawal process is problematic and frustrating
  • Customer service is unresponsive or slow
  • App frequently experiences glitches and login issues
  • Payment system failures and transaction errors
  • Ongoing issues with interface and UI design
Most mentioned
  • Difficulties with withdrawing funds
  • Slow customer service
  • Glitches in the app
  • Problems with account creation and verification codes
  • Concerns over app reliability and transaction accuracy
User reviews
It was fine until it wasn't. Please answer my call, I have been tryin to reach onto you guys a weeks back. I JUST WANT TO WITHDRAW MY MONEY THIS IS THE THIRD TIME IT FAILED
by Mr Pip, 2025-01-10

Absolutely cannot be trusted. You can add funds very seamlessly but withdrawing funds is a nightmare. Two members of our family had identical experience when withdrawing funds. Customer service is horrible and cannot be reached. They are turning more like a scam company. They also do false advertising and hide behind scholars and athletes. Take your money some where else. They only way to do any thing with your money is through a glitchy app. They eliminated the website interface to save money.
by Rizwan Ahmed, 2025-01-06

Pathetic. Please stay away from such websites and apps. I invested in wahed and after 8 months my profile made only 17 usd profit. Upon seeing this I requested full return of the amount. But what I received was the amount without this 17 usd profit the profile made minus their service charge and bank charges. Very sneaky people.
by SAM, 2024-12-06
View all user reviews

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