FAQs
It's simple and free for anyone to submit a Fundraising campaign application, and we’ll work closely with you and your team to get everything ready for launch.
The first step is to simply access the fundraising application form, and provide a little information about your company. After this, we will get in touch with more information about how we can help you raise funds through WahedVentures.
As WahedVentures is a shariah-compliant platform, businesses with their main activities in the following sectors are excluded:
- Advertising if:
- Advertisers of pork, alcohol, gambling, tobacco and all other non-Islamic activities
- Advertising means and modes which contravene the tenets of Islam
- Media & Entertainment (Exceptions that are allowed on the platform include: News Channels. Newspapers, Sports Channels, Children’s Channels, Educational Channels):
- Producers, distributors and broadcasters of music, movies, television shows and musical radio shows
- Cinema operators
- Alcohol
- Cloning
- Financial firms, where interest based lending and other non-shariah compliant activities take place
- Gambling
- Pork
- Adult Entertainment
- Tobacco
There is no fee to submit an application for review.
The minimum investment amount is £500 investing within the Wahed app. The minimum investment amount is £1000 when using our desktop platform.
If you reside outside of the UK and Europe, you will need to self-certify as an accredited investor in your local jurisdiction. This is intended to show us that you have the professional judgment and understanding to appreciate the risks of investing in private companies.
Please be aware that we are not currently available to accept investors from certain jurisdictions.
Investing in businesses is about picking early-stage and growth-focused businesses that you think have the potential to grow. You invest money in them in exchange for a portion of their equity, meaning that you buy shares in their business. If a business that you’ve invested in succeeds, the shares that you own will become worth more than what you paid for them, and you may be able to sell them at a profit or receive dividend payments in the future. However, if the business fails – as many businesses do – you will lose some or all of your investment.
WahedVentures checks all information and claims included in a company’s pitch before we allow the offer to open to investors. We ensure that each statement is fair, clear and not misleading. Where there are material statements of fact we require each company to provide evidence to substantiate the claim; or amend or remove statements.
We conduct due diligence on the company, its legal structure and its directors before we close an investment. Our investment team performs a number of key checks and searches on every company that raises on the platform, using a combination of public registers, third-party sources and information requested directly from the company.
All offerings on the platform have undergone screening for Shariah compliance.
Any product or structure certified as Shariah compliant means that the product has been reviewed by a Shariah scholar and that the product and structure end-to-end meet Shariah requirements.
Investing in companies listed on WahedVentures platform involves risks, including loss of all your capital, illiquidity, lack of dividends or interest, and dilution of share capital, and it should be done only as part of a diversified portfolio. This type of investment is only for investors who understand these risks.
Your capital is at risk and your money is not covered by the UK Financial Services Compensation Scheme (FSCS) deposit protection scheme. More on the general risks of the investments on this platform can be found here.
The repayment of your capital cannot be guaranteed and there is a risk that if the company you have invested in fails you could lose some or all of your investment. Please read the offer document to find out the specific risks for each investment opportunity.
Any kind of investing involves a level of risk, and early-stage companies are no exception. A very high proportion of early-stage businesses fail. As WahedVentures focuses on early-stage and Small – Midsize Enterprises (SMEs) we have therefore described in more detail some of the potential risks in investing in early-stage businesses.
A full risk warning can be found here. We ask you to take time to carefully familiarise yourself with each of the risks and to properly assess whether investing in such early-stage companies is appropriate in your particular circumstances. You should note that the risks described are not intended to be exhaustive.