Wahed Launches Shariah-Compliant Real Estate Fund for US Investors

Wahed, the global Islamic fintech company, has launched the first Shariah-compliant real estate fund in the United States, open to non-accredited investors.

The fund invests in single-family rental homes across the US. Investors can start with as little as $100 and earn returns from rental income. Wahed says it is targeting annual net returns of 5 to 7 percent.

The company says the fund uses zero debt financing, making it fully equity-based, a key requirement under Islamic law, which prohibits interest-based transactions. Wahed says this sets it apart from most real estate funds in the US, which typically rely on loans and leverage.

"Faith-aligned investors in the US have been waiting for a real estate solution that does not force them to compromise," Wahed CEO Mohsin Siddiqui said in a statement. "This fund gives them a clear route into single-family rentals through a structure that avoids debt, provides diversification and liquidity and reflects the standards we apply across our platform."

Wahed says investors can access quarterly liquidity windows to withdraw their money, while the company handles property acquisition, tenant management, and Shariah compliance.

Wahed, which was founded in 2015, serves over 450,000 clients in more than 130 countries and manages over $1 billion in assets. The company is backed by Saudi Aramco's Wa'ed Ventures and Qatar Development Bank.