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Podcast: Wharton FinTech Podcast
Episode: Investing for 2 Billion Muslims with Kareem Tabbaa, Chief Product Officer of Wahed
Description: We hear a lot about ESG investing, Catholicism-based investing, and more in the wealth & asset management world. But what about Earth’s 2 billion Muslims? In a religion that disallows interest and has plenty of restrictions (alcohol, etc.), finding shariah-compliant investments is not easy. Enter Wahed, a halal investment platform for everyday Muslims.
We sat down with Kareem Tabbaa, Chief Product Officer of Wahed to learn more about this product and their $25M fundraise from Saudi Aramco.
Wahed allows everyday Muslims to build wealth by investing in companies in compliance with their faith. Wahed’s portfolios include a combination of Wahed-made ETFs...