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Azzad Asset Management vs Wahed Invest: Islamic Finance Comparison

Azzad Asset Management

4.5
VS

Wahed Invest

4.6
Higher Rated

Azzad Asset Management

Profit Rate

Contact for rates

Min Down

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States

All 50

Verified

Yes

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Wahed Invest

Profit Rate

Contact for rates

Min Down

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States

All 50

Verified

Yes

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Detailed Rating Comparison

Azzad Asset ManagementCategoryWahed Invest
4.5

Overall Score

4.6
4.7

Sharia Compliance

4.9
4.6

Transparency

4.5
4.5

Customer Service

4.4

States Served

Azzad Asset Management — All 50 States

🌎 Nationwide coverage

Available in all 50 US states

Wahed Invest — All 50 States

🌎 Nationwide coverage

Available in all 50 US states

Fair Meridian Verdict

Azzad Asset Management

Falls Church, VA-based Islamic wealth management firm founded 1997. Offers the Azzad Ethical Fund (only halal mid-cap fund in the US) and Azzad Wise Capital Fund (first halal fixed Independently rated 4.5/5 with particularly strong scores on Sharia compliance.

Wahed Invest

The largest Sharia-compliant robo-advisor in the world. Wahed Invest offers halal investing through diversified portfolios of ethical stocks, sukuk, and gold — available to all US Independently rated 4.6/5 with particularly strong scores on Sharia compliance.

* Ratings based on independent editorial review. We may receive a referral fee if you apply through our links — this does not affect our ratings.

Apply at AzzadFull Review
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Fair Meridian Verdict: Azzad Asset Management vs Wahed Invest

Overall winner: Wahed Invest (4.6/5)

Wahed Invest is our top recommendation for US Muslim investors seeking Sharia-compliant wealth growth. Its AAOIFI certification, SEC registration, $100 minimum, and professional portfolio management make it the most accessible and credible halal investing platform in the US. Not a mortgage provider — purely for investment savings.

Azzad Asset Management

Azzad Asset Management is our top recommendation for Muslim investors seeking the only halal mid-cap fund in the US, investors needing a fixed income alternative (Azzad Wise Capital Fund), and families wanting integrated Islamic financial planning. Its 29-year track record, Amanie Advisors certification, and 2025 Lipper Fund Award make it one of the most credible halal asset managers in the country.

Full review

Wahed Invest

Wahed Invest is our top recommendation for US Muslim investors seeking Sharia-compliant wealth growth. Its AAOIFI certification, SEC registration, $100 minimum, and professional portfolio management make it the most accessible and credible halal investing platform in the US. Not a mortgage provider — purely for investment savings.

Full review

Ratings based on independent editorial research. No provider pays to receive a higher score.

Who Should Choose Each Provider?

Choose Azzad Asset Management if…

  • You are buying in any of the 50 US states
  • You are buying near Falls Church and want in-person service
  • Falls Church, VA-based Islamic wealth management firm founded 1997

Choose Wahed Invest if…

  • You are buying in any of the 50 US states
  • You want AAOIFI — the international gold standard for Islamic finance certification
  • You are buying near New York and want in-person service
  • The largest Sharia-compliant robo-advisor in the world

Frequently Asked Questions

Based on Fair Meridian's independent ratings, Wahed Invest scores higher overall with a 4.6/5 rating. However, the best choice depends on your state, financing structure preference, and specific needs.

Yes. Azzad Asset Management is licensed in all 50 US states.

Yes. Wahed Invest is licensed in all 50 US states.

Azzad Asset Management: Falls Church, VA-based Islamic wealth management firm founded 1997. Offers the Azzad Ethical Fund (only halal mid-cap fund in the US) and Azzad Wise Capital Fund (first halal fixed income fund in the US), plus comprehensive financial planning for Muslim families. Wahed Invest: The largest Sharia-compliant robo-advisor in the world. Wahed Invest offers halal investing through diversified portfolios of ethical stocks, sukuk, and gold — available to all US investors. See the full rating breakdown and product comparison above.

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