Anyone has review and experience using Wahed Invest, Halal Robo Advisor?

Hi there

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While you can't access Wahed Robo Advisory platform as a Singaporean, you could however, consider the following:

1. DIY and replicate Wahed's portfolio
2. Consider regulated alternatives such as Sarwa (based in Dubai)

Both Wahed and Sarwa are considered expensive when you consider platform and remittance fees but are good steps for beginner investors.

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Here are some links to help you:

1. Sarwa vs Wahed: https://islamicfinancesg.com/shariah-compliant-sarwa-affordable-robo-advisor-alternative-to-wahed-with-lower-remittance-fees/
2. Other halal investments: https://islamicfinancesg.com/complete-guide-to-12-halal-investment-options-in-singapore/
3. Interview with former Wahed execs: https://www.youtube.com/watch?v=D1cjfnMfkqk&t=1047s
4. 6 Questions on Robo Advisors: https://www.beritaharian.sg/ekonomi-kerja/wadah-penasihat-robo-kian-dapat-sambutan-galak-belia-mula-labur

Im sure you have read up on some of the views expressed online wth regards to Wahed.

Here is another Singaporean opinion that i have found before setting up my account. http://www.smartmamat.com/i-made-an-investment-...

Personally, i found the platform easy to use especially for those just starting to invest. However, i think the main drawback for me was the telegraphic transfers fees which are quite alot. I use either Revolut or Instarem to get a better fx when makin my transfer. Think this is the best option to have a better rate overall as compared to using the local banks.

Btw, u can use my referral khahaf8 if you are still interested in using this platform for both of us to gain USD 25 with min topup of USD 100.​​​