Friday, November 8, 2024
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Wahed Inc: Announced it will acquire Niyah Ltd

  • Wahed Inc. the parent company of Wahed Invest Ltd offers a Shariah-compliant robo-advisory platform in the United Kingdom
  • Niyah a fintech startup focused on building financial products aimed at the Muslim community
  • Acquire Niyah Ltd a UK-based fintech that creating a banking app and ethical financial platform catered to the Muslim community
  • The move signals a leap forward in Wahed’s product expansion plans and its ambition to become the leading
  • Wahed’s acquisition of Niyah honour the firm’s commitment to service the UK market by offering customers access to interest-free financial products
  • The acquisition comes hot on the heels of Wahed’s most recent investment round led by Saudi Aramco Entrepreneurship Ventures

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