Wahed, a New York City-based fintech, announced the launch of a Shariah-compliant private real estate investment platform for US investors.
According to the company, the new offering eliminates the need for large upfront capital by offering fractional shares in residential properties starting at $100. Investors could earn quarterly rental income proportionate to their ownership stake, plus potential capital appreciation, the company continued, adding that its team will handle all property management responsibilities, including regulatory compliance, maintenance, and tenant relations.
The platform is primarily aimed at Muslim Americans who were previously unable to pursue traditional real estate investing opportunities due to interest-based financing practices. The US launch builds on Wahed’s earlier UK-based operations.
“Private real estate is highly desirable among investors, yet Shariah compliant platforms remain scarce in the US,” said Mohsin Siddiqui, CEO of Wahed. “Our real estate investment solution addresses the longstanding challenges of high capital requirements and complex property management, allowing everyday investors the peace of mind and simplicity of true passive income.”
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