US-based Wahed Invest Appoints Rashed Al Muhtadi as Head of UAE

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The world’s first Shariah-compliant Robo-Advisor has outlined the key executives who will lead the company’s UAE-based operations

Rashed Al Muhtadi, Head of the UAE, Wahed Invest

Dubai, United Arab Emirates: Wahed Invest (“Wahed”), a New York headquartered halal investing platform which is revolutionizing the Islamic Economy, has appointed Rashed Al Muhtadi as the Head of the UAE to lead the company’s expansive foray in the Emirates.

“With the next evolution of Wahed Invest’s vision underway, we are thrilled to welcome Rashed to oversee the company’s establishment in the UAE,” said Junaid Wahedna, Founder and CEO of Wahed Invest. “Under his astute guidance, and with his sound knowledge of the region’s financial sphere, I am confident Wahed’s unique value proposition and digital offerings will empower a new generation of investors, as well as reinvent the investment paradigm of the UAE and the wider region.”

Rashed Al Muhtadi brings a wealth of industry experience to his role as Head of UAE, having spent close to a decade immersed in the UAE’s finance sector as an investment manager and professional across Emirates NBD’s asset management business unit.

In his role as Head of UAE at Wahed, Rashed Al Muhtadi will work with a dynamic executive team consisting of Yasser Aboudkhil, Chief Technology Officer, who develops and grows Wahed’s technological infrastructure and development teams; Kareem Tabbaa, Chief Product Officer, who leads and develops the company’s product offering and growth strategy; Musa Abdul-Basser, Chief Legal Officer, Chief Compliance Officer (JD, PCIF), who is a finance and capital markets attorney; and Samim Abedi, Global Head of Portfolios, who is responsible for managing Wahed’s global portfolios.

About Wahed Invest:

Wahed Invest is a global automated investment advisor and the first digital advisor focused on building a halal investment platform. Wahed Invest provides a comprehensive, easy-to-use option to invest in ethically responsible investment portfolios. Designed specifically for the Islamic community, Wahed’s investment portfolios are approved by an Ethical Review Board, enabling Muslims to feel confident that their investments are ethically sound and Halal.