NEW YORK, March 14, 2018 /PRNewswire/ -- Wahed Invest LLC ("Wahed"), the first digital halal-focused ethical investing platform, today launched mobile apps for iOS and Android, enabling people to invest ethically wherever they are located. Using Wahed's mobile app, individuals can get an optimized and diversified halal portfolio, open an account, securely link their bank accounts to their investment portfolios, quickly access their funds, deposit money into accounts and monitor the performance of their portfolios, all from their smartphone.
The apps can be download at
Users of the app are prompted with a variety of questions that enable Wahed to find investment portfolios that best meet their risk tolerance, financial preferences and economic objectives and needs.
"The interest we've seen from existing and potential clients about our web platform has been amazing, and are thrilled to expand our capabilities for new and existing clients," said Junaid Wahedna, CEO, Wahed Invest. "People gain financial insights at all times and in all locations, and want to act on them immediately today's mobile world. Wahed is pleased to offer new and existing clients the opportunity to invest in their futures in increasingly convenient and opportunistic ways through an app that further revolutionizes halal investing."
Wahed's easy-to-use platform is the first automated halal-focused system that is overseen by an Ethical Review Board, preventing concerned investors from investing in companies that do not agree with their values (e.g., companies involved in any aspect of the liquor, firearms, gambling and tobacco industries). The platform also screens investments that generate profit from interest and those that do not comply with certain debt ratios.
Wahed is a technology driven company democratizing Islamic finance by increasing investment accessibility. Wahed's investment portfolios are approved by an Ethical Review Board, enabling concerned investor to feel confident that their investments are halal. Please see www.wahedinvest.com for more information about Wahed.
SOURCE Wahed Invest LLC