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Tag: Junaid Wahedna

Islamic FinTech transaction – US Wahed acquires UK Niyah

Fintech Mark Lagarde -
Wahed Inc is a U.S. FinTech co-founded by Junaid Wahedna, its CEO. The company is based in New York and operates via its subsidiary Wahed Invest Ltd in the UK. In 2019, the company launched the first exchange-traded fund in the United States that was compliant with Sharia law. The FinTech operates in 130 countries and has a valuation of $100 million. The company announced that it would acquire Niyah, a British FinTech offering a banking app for Muslims.

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