Photo supplied by Wahed Inc

Islamic Finance

Islamic fintech Wahed adds investment app to UK portfolio, readying digital bank and takaful


LONDON - Wahed Inc is moving full-steam ahead in the UK following the hiring of ex-HSBC exec Umer Suleman in June as its country general manager.

The U.S.-headquartered Islamic fintech company on July 27 released its investment app that allows users to directly deposit funds into their accounts, and more products are in the pipeline, including a digital bank and takaful.

Wahed launched its first product in the UK in September when it teamed up with Options UK to offer a Shariah-compliant workplace pension product.

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tags:

Islamic Fintech