Islamic Finance

Wahed Invest appoints Kashif Khan to lead institutional division of Wahed


NEW YORK, Aug. 25, 2020 - Wahed Invest Inc., the New York based Islamic Robo-advisory firm, announced today the appointment of Mr. Kashif Khan as the SEO & Managing Director, Wahed Invest, DIFC - Dubai.

Mr. Khan is a seasoned investment banking professional with more than two decades of experience. He has a novel mix of working with major global investment banks such as Citigroup and Deutsche Bank, as well as top regional financial services firms. He has a track record of successfully initiating and developing relationships with leading investors globally particularly in the Middle East, including high-net-worth individuals, financial institutions, family offices, and Sovereign Wealth Funds.

Mr. Khan started his career on the Wall Street and worked at bulge bracket investment banking firms like Salomon Smith Barney. After spending several years on Wall Street, he moved to the Middle East in 2002, and since then has built and maintained an extensive client network. He has a strong reputation for his expertise and business acumen in the global markets, including the U.S., Middle East and Asia.

During the course of his career, he has originated and executed multibillion dollars transactions, advised on mergers and acquisitions, capital raising, business carve-outs, and restructuring. In 2012, he co-launched Abwab Capital, a boutique investment banking firm at the Dubai International Financial Center. He also served on several boards of companies in the Middle East. In his new role, Mr. Khan will be developing Wahed's institutional business, launching new revenue streams, such as Asset Management and Investment Banking.

About Wahed

Wahed was launched in 2016 as the world's first automated Islamic investment platform, with the aim of providing access to halal portfolio management for 2 billion Muslims around the world. The platform started in the U.S. and U.K., and by 2019 it expanded its services to over 130 countries. Last October, Wahed launched in Malaysia after the Malaysian Securities Commission awarded the company the country's first Islamic Robo Advisory license.  Additionally, the firm secured Capital Markets Authority license in Saudi Arabia. Having 9 regulatory licenses globally, with the best-in-class technology and top team, Wahed intends to become the first ever Global Islamic Digital Bank. The platform currently has more than 100,000 clients globally and can be accessed anytime on www.wahedinvest.com

Copyright Press Releases 2020


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