This marks Wa’ed’s second investment in the fintech startup after leading Wahed’s $25 million Series A funding round in 2020
Wahed Invest
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fintech
Saudi-backed fintech Wahed targets UK market with Niyah acquisition
Niyah aims to help the underserved British Muslim community easily manage their money and invest in line with their faith
Dubai Cultiv8 Investments Limited
Dubai Cultiv8 invests in New York Shariah-compliant advisor
Subsidiary of Mohammed Bin Rashid Fund for SME invests in Wahed Invest through $100m fund
BECO Capital
World’s first Islamic fintech start-up raises $8m in funding
Wahed Invest is the first halal digital investment advisor, allowing customers to invest in ethically-responsible stocks, sukuk and gold with as little as $100