Wahed Invest is a digital investment advisor that offers automated portfolio management through a web platform and mobile application. The firm specializes in Shariah-compliant investing, meaning its portfolios adhere to Islamic financial principles by excluding certain sectors like conventional finance and interest-paying instruments. Wahed Invest uses modern portfolio theory to construct customized portfolios primarily consisting of exchange-traded funds, mutual funds, and other securities. The firm operates on a bundled fee structure where portfolio management and brokerage costs are combined into a single charge. Clients complete an online investor profile detailing their financial needs, time horizon, and risk tolerance, which Wahed Invest uses to design, rebalance, and monitor custom portfolios on a discretionary basis. Wahed Invest also manages proprietary exchange-traded funds and serves clients globally, with custodians providing trade execution and clearing services. The firm caters to individual investors and retirement accounts seeking values-aligned, automated portfolio management.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 0.49% |
| $100K+ | 0.49% |
Accounts under $100,000 also pay an annual fixed fee of $60. Fees are assessed on a daily basis. Fees may be negotiable.