Wahed

Wahed Invest Ltd is a UK Shariah-compliant investment platform, directly authorised by the FCA (FRN 833225, since 30 January 2020). It runs a robo-advisor model with Shariah-screened global equities, sukuk and gold, and separately markets higher-risk real-estate and venture products. Maydan Capital Ltd (WahedX/Wahed Ventures) is reported as an appointed representative of Wahed Invest Ltd. Global AUM is reported at roughly $2bn across group entities (unverified).

Investors complete a risk-profiling questionnaire and are allocated to one of several risk-tiered portfolios (Very Conservative through Very Aggressive) of Shariah-screened assets. Wahed manages allocations and rebalancing on a discretionary basis. Holdings are screened by an independent Shariah board.

Fees: tiered annual platform fee debited monthly — 1% p.a. up to £250k, 0.75% p.a. from £250k–£1m, 0.5% p.a. above £1m. Fund-level costs and market spreads apply on top and are reflected in fund prices. Wahed Real Estate has been described in some sources as charging a one-time acquisition fee of ~6% — confirm against current investor documents.

Reported historical returns (Feb 2021–Jan 2026, firm-provided): Very Aggressive portfolio 10% p.a.; Moderate portfolio 6% p.a. Historical, not forward-looking. Minimum investment is typically £100 for the managed portfolios.

Retail investors seeking Shariah-compliant, faith-based portfolios, or ethically minded investors comfortable with the screening rules (no conventional interest-bearing bonds, no alcohol/gambling exposure). Real-estate and venture products are illiquid and higher-risk — treat separately from the managed portfolios.

The UK entity is directly FCA-authorised. Client assets are held with a custodian on a segregated basis under FCA rules. FSCS does not protect against market losses; cover for money or certain investment losses depends on the exact custody and contractual arrangements — check current documents. Note that the US affiliate Wahed Invest LLC has two settled SEC actions (Feb 2022, $300k and Nov 2024, $250k) relating to marketing, disclosure and compliance failings; the firm has stated these relate to the US business rather than the UK entity, but they are relevant to due diligence.