Easy to use
Easy to use
Worse verification system
It’s a scam
Never increases
Response from developer
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.
Great app!
Love the app exp
UI feels slow and less competitive fee structure compared to other DIY investment platforms.
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.
10/10
Mr Hemdan
Ridiculous fees
I lost more than 50% of the amount all on fees and I’m in the process of withdrawing my money cause there’s no point…
Wouldn’t recommend.
