# Wahed — Ethical Investing Made Simple

> Ethical investment platform with robo-advisor for personalized portfolios. (iPhone/iPad app by Wahed Inc.)

- Source: https://appshunter.io/ios/app/wahed/id1440724971 (this page in markdown: same URL + `.md`)
- Developer: [Wahed Inc](https://appshunter.io/developer/1323562538)
- Category: Finance, Lifestyle
- Price: Free
- Rating: 3.50/5 from 161 App Store ratings · 245 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.1 · 229 MB
- Languages: American English, Arabic, French (France), Malay, Russian
- Released: 2019-03-31
- Data updated: 2026-08-22
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/wahed/id1440724971/reviews.md

## What is Wahed?

Thousands of clients from over 55 countries have started their journey with us. You too can put your money to work.

Wahed is the easiest way to invest your money in an Ethical manner wherever you are. You can start with just $100 with no long-term commitments whatsoever. You can place a deposit or withdrawal request at anytime.

Here’s how it works:

1. Get a recommended portfolio based on your risk profile
2. Open your account and deposit seamlessly
3. Monitor your performance, we’ll buy the investments for you automatically

Start saving for your future with this award winning and revolutionary digital Ethical investment platform - your phone becomes an investment portfolio management tool.

Wahed’s robo-advisor custom tailors recommendations based on a simple risk assessment questionnaire with one main purpose: finding the right investment strategy for you! Your money will be invested in different funds such as global stocks, emerging market stocks, Sukuk, and gold.

Commitment to Ethical investing:

• Our investments are carefully screened for the presence of interest, as well securities with excessive debt ratios
• We do not invest in impermissible industries including alcohol, gambling, arms and tobacco, among others
• Our company and portfolios have been certified as Shariah Compliant by AAOIFI standards by our full time Shariah Review Board

Signing up is easy. Download our app, take the risk assessment questionnaire and make your deposit to join thousands of clients who are investing for their future.

## Key features

- Ethical investment screening
- Personalized portfolio recommendations
- Robo-advisor
- Shariah compliant certification
- Start with $100
- Seamless deposits and withdrawals

## What do users think of Wahed?

Overall sentiment: negative

**Pros**

- 🚀 Easy to use
- 💡 Halal investment option
- 👍 User-friendly app
- 🚀 Simple and straightforward

**Cons**

- 🐛 Glitches and bugs
- 🔒 Security issues
- 👎 Poor customer service
- 💸 High fees
- 📉 Consistently poor investment performance

**Commonly reported bugs**

- Login issues
- App crashes
- Inability to add funds
- Withdrawal problems

**Most requested features**

- Web version for desktop access
- Detailed investment breakdowns
- Historical performance graphs
- Ability to choose individual investments

## Recent user reviews (10 of 245)

All indexed reviews: https://appshunter.io/ios/app/wahed/id1440724971/reviews.md

### 5/5 — Costumer support

*2026-08-20*

I’ve had a great experience with Wahed, and I especially want to recognize Rose from customer support. She was incredibly understanding and accommodating throughout the whole process. She took the time to understand my concerns, was patient with my situation, and made sure everything was sorted out for me.

I really appreciated how helpful and easy she was to work with. Great customer service makes a big difference, and Rose definitely deserves the recognition. Thank you, Rose!

### 5/5 — Easy to use

*2026-07-14, version 3.149.0*

Minor glitches but overall an amazing app.

### 5/5 — Easy to use

*2026-07-01, version 3.147.1*

Very easy to invest with Wahed. Wish I had acted on it sooner.

### 1/5 — Worse verification system

*2026-06-30, version 3.147.1*

It’s been months since I am trying to verify myself. They are keep on rejecting it, It’s ridiculous.

### 1/5 — It’s a scam

*2026-06-27, version 3.147.1*

When you will withdraw money it take 7-10 business days and every time u want to take it out your profile will show ur at loss and always make u lose money. Never earn profit!

### 1/5 — Never increases

*2026-06-26*

Just to update, I deposited $100 in 2024. I’m now at $8. It has never increased. Just steadily dropping for 2 years now. Still can’t close what investments you want. They make all choices.. doesn’t matter which portfolio you select. I will say though, when this company first started, they were giving out $100 to new users. I did withdraw that money at that time, and then redeposited it in 2024. So I don’t really consider it that I lost money since it’s the same $100 They gave. But I’m definitely not happy with the results, and won’t be investing anything additional

**Developer response:** We appreciate you reaching out. Our platform serves as your investment manager, tailoring strategy execution to the risk parameters you set, while overall returns naturally reflect market fluctuations. We would be glad to review your account and connect you with the relevant team for further guidance on your account and market performance. Feel free to email us at support@wahed.com from your registered address, and our team will be ready to assist you.

### 5/5 — Great app!

*2026-06-22, version 3.145.0*

Simple and intuitive way to make investments

### 5/5 — Love the app exp

*2026-06-22, version 3.145.0*

Super easy to use!

### 2/5 — UI feels slow and less competitive fee structure compared to other DIY investment platforms.

*2026-04-23, version 3.138.0*

I’ve been using Wahed since 2020, but personally, I feel that the app has unfortunately failed to keep pace with the market.

1. Performance & UI: The interface feels significantly slower and laggier than competitors like Moomoo or StashAway. Navigating the portfolio shouldn't feel like a chore in 2026.

2. Lack of Transparency: Withdrawal pricing feels "sketchy." When I request a full withdrawal, the app captures market prices from a much later date. While I 'might' not 'lose' money, the lack of real-time T+0 or T+1 transparency in the UI is jarring for a financial app.

3. Portfolio Misalignment: The graphs are confusing. They don’t follow the performance of the underlying HLAL or UMMA ETFs 1:1, and there is zero in-app explanation as to why. This makes the referral program a hard sell to regular people.

4. The "Fee Trap": For instance, if you have more than RM30k—a typical amount for someone trying to save, yet still far below the RM500k required for the 0.39% wrap fee—the costs become unjustifiable. You are paying a 0.79% management fee and a 0.5% ETF fee, plus the new 8% SST on financial services. With brokers like Moomoo offering direct access to HLAL/SPUS and a wide range of other Shariah-compliant stocks that feature automated recurring buys and no extra "management" layer, Wahed is losing its value proposition for long-term investors such as myself.

### 5/5 — 10/10

*2026-02-28, version 3.130.0*

Amazing app! Highly recommend for everyone

## Frequently asked questions about Wahed

### What is Wahed?

Wahed is a digital investment platform that makes ethical investing simple. It offers personalized portfolio recommendations based on your risk profile and automatically invests your money in various ethical funds like global stocks, emerging market stocks, Sukuk, and gold. The platform is designed for users worldwide, allowing them to start investing with as little as $100.

### How does Wahed ensure investments are ethical?

Wahed meticulously screens all investments to ensure they do not involve interest or have excessive debt ratios. Furthermore, the platform avoids investing in impermissible industries such as alcohol, gambling, arms, and tobacco. Their portfolios and company operations are certified as Shariah Compliant by AAOIFI standards.

### How much does it cost to use Wahed?

The app itself is free to download and use for signing up and setting up your profile. While the description doesn't explicitly state management fees, the monetization model is listed as 'free with in-app purchases', implying that the actual investment process or specific services may incur costs or fees.

### Who is Wahed for?

This app is designed for individuals from over 55 countries who want to invest their money in an ethical and Shariah-compliant manner. It's suitable for those looking for a simple way to start investing, even with a small amount like $100, and who prefer automated portfolio management.

### How do I start investing with Wahed?

To begin, download the Wahed app and complete a risk assessment questionnaire. Based on your responses, you will receive a recommended portfolio. You can then open your account, make a deposit seamlessly, and the platform will automatically buy the investments for you.

## Version history (last 5 releases)

### 3.155.0 — 2026-08-20

The latest Wahed app update brings enhanced responsiveness and bug fixes to ensure a smoother, more reliable experience. Invest with confidence and stay true to what matters—a seamless app journey ahead. Happy investing with Wahed!

### 3.154.0 — 2026-08-13

The latest Wahed app update brings enhanced responsiveness and bug fixes to ensure a smoother, more reliable experience. Invest with confidence and stay true to what matters—a seamless app journey ahead. Happy investing with Wahed!

### 3.153.0 — 2026-08-06

The latest Wahed app update brings enhanced responsiveness and bug fixes to ensure a smoother, more reliable experience. Invest with confidence and stay true to what matters—a seamless app journey ahead. Happy investing with Wahed!

### 3.152.0 — 2026-07-30

US investors can now see their real estate product investment limits and set up recurring deposits for the Real Estate Fund. Users from US, Malaysia and UK can now analyse whether your goals are On Track or Off Track directly from your investment accounts. Happy investing with Wahed!

### 3.151.0 — 2026-07-23

US investors can now see their real estate product investment limits and set up recurring deposits for the Real Estate Fund.
Users from US, Malaysia and UK can now analyse whether your goals are On Track or Off Track directly from your investment accounts. Happy investing with Wahed!

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-22.*