Decision guide
Wahed vs Amana — which halal investment platform fits you?
Both are shariah-supervised. The choice is between a modern, low-minimum robo-advisor (Wahed) and an established mutual-fund family with longer history but higher fees (Amana).
Permissible
Wahed Invest
Digital halal robo-advisor — low minimum, automated, available in 100+ countries.
- Account minimum from $100 (US) — globally available
- Management fee 0.49%–0.99% depending on tier
- Automatic shariah screening and purification
- Mobile-first experience; sukuk, equity, and gold portfolios
Permissible
Amana Mutual Funds (Saturna)
US-based shariah-compliant mutual funds with a 35-year track record.
- Available primarily through US brokers (Schwab, Fidelity)
- Expense ratios 0.88%–1.12% per year
- Three flagship funds: Income, Growth, Developing World
- Long performance history — useful for longer time-horizon investors
Our recommendation
Wahed if you want a hands-off mobile app with a low minimum and global access. Amana if you're US-based, comfortable with mutual funds, and value the longer track record. For larger portfolios (>$50k) Amana's lower-fee tiers can win on cost.
Apply this in practice
Open a swap-free Islamic account with our partner broker — structured the way this comparison recommends.