According to published repots, Wahed Invest announced that it has raised $25 million in a funding round. Saudi Aramco Entrepreneurship Ventures, the venture capital arm of Saudi Aramco, led the financing. Existing backers BECO and Cue Ball Capital, as well as Dubai Cultiv8 and Rasameel, also participated in the round.

Wahed is an ethical and values driven digital investment platform. The platform provides access to diversified portfolios to residents of the US, UK and Malaysia.