Verified AAOIFI
Wahed Invest
4.6
(734 reviews)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.
Reviewed by Fair Meridian: January 2026
Profit Rate
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States Served
All 50 States
Overall Rating
4.6/5
About Wahed Invest
Wahed Invest is the world's largest Sharia-compliant robo-advisor, offering automated halal investing to over 300,000 customers across the US, UK, and internationally. Founded in 2015 and based in New York City, Wahed makes Islamic investing accessible to everyday investors with as little as $100 to start.
Wahed's investment portfolios are constructed to exclude companies involved in alcohol, tobacco, gambling, conventional banking and interest-based lending, pornography, weapons manufacturing, and pork. Portfolio assets include halal equities (Sharia-screened stocks), sukuk (Islamic bonds), and gold — providing diversification within Islamic finance constraints.
Wahed is certified by AAOIFI and its Sharia Board includes scholars from the US, UK, Malaysia, and Saudi Arabia. All Wahed portfolios are reviewed by the Sharia Board on a quarterly basis to ensure ongoing compliance as companies' business activities change.
In the US, Wahed is registered as an investment adviser with the SEC and is a member of FINRA and SIPC. Investor assets are held at Apex Clearing, a reputable US custodian. Unlike most Islamic finance products that focus on real estate, Wahed is specifically for investors seeking to grow their savings in a Sharia-compliant way.
Founded2015 (11 years in business)
Sharia CertificationAAOIFI
Certified Since2015
HeadquartersNew York, NY
Fair Meridian Analysis
Wahed Invest fills a gap in the US Islamic finance market that mortgage providers cannot: accessible, low-minimum halal investing.
The accessibility advantage: Wahed has a $100 minimum investment, making it accessible to every US Muslim investor regardless of income level. This is in sharp contrast to Islamic mortgages, which require substantial down payments and income qualifications. Wahed is the entry point to Islamic investing for millions of American Muslims.
The diversification advantage: Wahed portfolios combine halal equities, sukuk (Islamic bonds), and gold — giving investors multi-asset exposure within Sharia constraints. This is significantly more sophisticated than most individual halal investors can construct on their own.
The regulatory credibility advantage: Wahed is SEC-registered, FINRA/SIPC member, AAOIFI-certified, and holds client assets at Apex Clearing. This multi-layered regulatory and Sharia compliance framework is among the most robust of any Islamic finance provider in the US.
Who is Wahed best for? Wahed is the best choice for US Muslim investors who want to grow their savings in a Sharia-compliant way, investors who want professional portfolio management without high minimums or fees, and Muslim professionals who are building wealth alongside (or instead of) homeownership.
Analysis updated: January 2026
Products & Financing Structures
investinginvesting
Halal Investment Portfolios
Automated halal investment portfolios including Sharia-screened equities, sukuk (Islamic bonds), and gold. 7 risk levels from Conservative to Aggressive. Managed by Wahed's investment team with quarterly Sharia board review.
Wahed Retirement (IRA)
Sharia-compliant Traditional IRA and Roth IRA accounts. Invest for retirement through tax-advantaged accounts while maintaining full halal compliance.
Sharia Compliance: All products are structured to avoid Riba (interest), Gharar (excessive uncertainty), and Maysir (speculation) in accordance with Islamic jurisprudence.
Serves All 50 US States
Wahed Invest is licensed in all 50 US states. See local provider options and state-specific regulations for the most active Islamic finance markets:
Independent Rating Breakdown
Overall Score
4.6
Sharia Compliance
4.9
Transparency
4.5
Customer Service
4.4
Rate Competitiveness
4.6
✅ Highly Recommended
Wahed Invest scores highly on Sharia compliance verification and product transparency. Independently verified by the Fair Meridian team.
Ratings based on Fair Meridian's independent review process. Not influenced by advertising or provider payments.
Expert Verdict
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.
Verdict issued: January 2026
Sharia Advisory Board
Sheikh Nizam Yaquby
Sharia Board Member
One of the world's most prominent Islamic finance scholars; board member at over 50 international Islamic financial institutions
Dr. Abdul Sattar Abu Ghuddah
Sharia Board Member
Secretary General of the Unified Sharia Board of Al Baraka Banking Group; leading scholar in Islamic finance contracts
Frequently Asked Questions — Wahed Invest
Wahed Invest has a minimum investment of $100, making it accessible to virtually any US investor. There is no minimum for Wahed's IRA accounts. This low minimum is one of Wahed's key advantages — it makes halal investing accessible to students, young professionals, and anyone building savings for the first time.
Yes. Wahed is registered as an investment adviser with the US Securities and Exchange Commission (SEC) and is a member of FINRA and SIPC. Client assets are held at Apex Clearing, a US-based third-party custodian. Wahed is also AAOIFI-certified for Sharia compliance. This multi-layer regulatory framework — SEC, FINRA, SIPC, and AAOIFI — makes Wahed one of the most regulated Islamic finance providers in the US.
Wahed's halal portfolios include three asset classes: Sharia-screened equities (stocks of companies that pass halal screening criteria), sukuk (Islamic bonds structured to avoid interest), and gold (a traditional Islamic store of value). The exact allocation varies by your chosen risk level — seven levels are available from Conservative to Aggressive.
Yes. Wahed offers both Traditional IRA and Roth IRA accounts structured for Sharia compliance. You can invest for retirement through these tax-advantaged accounts while maintaining full halal compliance across all holdings. The $100 minimum applies to IRA accounts as well.
Wahed applies both qualitative and quantitative screens to all equity holdings. Qualitative screens exclude companies involved in alcohol, tobacco, gambling, conventional banking and interest, pornography, weapons, and pork. Quantitative screens assess financial ratios including debt, cash, and interest-based income as a percentage of total revenue. The Wahed Sharia Board reviews all holdings quarterly and requires removal of any company that falls out of compliance.
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