Wahed Invest LLC
Wahed Invest LLC is a New York-based registered investment adviser founded in 2015. It operates as an internet-based adviser specializing in offering Shariah-compliant robo-advisory investment services for individuals, and also serves as adviser to investment companies and ETFs (notably the Wahed FTSE USA Shariah ETF). The firm emphasizes ethical, faith-based investing and currently reports a staff of 9 employees.
Investment Strategy
Wahed Invest LLC's strategy centers on providing Shariah-compliant investment portfolios primarily for retail investors via a robo-advisory platform. Portfolios are constructed using equities and assets that pass Shariah screening (e.g., S&P 500 Shariah Index constituents), and the firm also launched the Wahed FTSE USA Shariah ETF. Investment philosophy stresses ethical, halal investing, diversification, and digital accessibility, with a focus on creating value for Muslim and ethically-driven investors. Client accounts are offered both discretionary and non-discretionary options, and investments are managed to align with religious and ethical guidelines.
Top Holdings
Equity Positions (227)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | Microsoft Corp | 15.28% | $100.3M | 201,618 | $335.22 | $497.41 | +$27.9M |
A AAPL | Apple Inc | 12.53% | $82.2M | 400,738 | $187.70 | $205.17 | -$2.4M |
M META | Meta Platforms Inc | 6.68% | $43.8M | 59,356 | $328.95 | $738.09 | +$11.5M |
G GOOGL | Alphabet Inc | 4.24% | $27.8M | 158,022 | $131.45 | $176.23 | +$4.4M |
T TSLA | Tesla Inc | 3.70% | $24.3M | 76,467 | $278.36 | $317.66 | +$5.9M |