Key Takeways:
After you’ve created your Wahed account, the next step is to complete your onboarding.
This step determines whether the investment is suitable for you and sets your investment limits.
It usually takes less than five minutes.
The OnBoarding Process
To start the onboarding, open Private Real Estate or the Real Estate Fund from the dashboard.
At the top of the screen, you’ll see a prompt to complete onboarding. The process has two parts:
- Appropriateness check
- Investor classification
You won’t need to upload documents again. Identity verification was completed during account setup.
Step 1: Appropriateness Check
You’ll first answer a few basic questions about how you intend to invest, including:
- Account type (currently individual accounts are supported only)
- Source of funds
This helps confirm the investment is suitable and meets regulatory requirements before you’re allowed to proceed.
Step 2: Investor Classification
Next, you’ll confirm whether you are an accredited or non-accredited investor.
This is required under SEC Regulation A and determines your maximum investment amount each year.
Your answers at this stage directly affect your maximum annual investment limit, so it’s important that you carefully and accurately provide the information. The app calculates your limit automatically. You can choose to edit your limits from the settings later.
Investor Classification and Limits
Accredited Investors
You’re considered an accredited investor if you meet at least one of the following criteria:
- Have a net worth exceeding $1 million, excluding your primary residence; or
- Have earned over $200,000 annually (or $300,000 jointly with a spouse) in each of the past two years and expect to earn the same this year; or
- Hold a qualifying investment license (Series 7, 65 or 82).
Accredited investors are not subject to annual investment limits. However, there are still transfer restrictions set by our payment provider to ensure smooth fund settlement.
Non-Accredited Investors
If you don’t meet the accredited criteria, you’ll be classified as a non-accredited investor. You can still invest, but you’ll be subject to investment limits defined by the SEC and enforced by our platform.
These limits help protect investors and ensure investments remain proportionate to income or net worth.
Investment Limits for Non-Accredited Investors:
- You may invest up to 10% of your annual income or 10% of your net worth (whichever is higher) in any 12-month period.
- Once you enter your income and net-worth information, the system automatically calculates your personal annual limit.
Platform-Wide Transaction Limits (all investors)
Your per-transaction and weekly limits depend on your investor type and verification status. Non-accredited investors have a $20,000 per transaction and $20,000 per week limit.
Accredited investors start at the same defaults and unlock higher limits once verified by Wahed. You can view your exact limits, track usage and update your details at any time from the Real Estate Fund settings in the app.
For more details, see Guide: How to View and Manage Your Investment Limits.
⚠️ Make sure the net worth and income figures you enter are accurate. Your annual limit is calculated directly from these figures. If you need to update them later, you can do so in the app. Each update triggers a 1-day period before you can edit again.
What Happens Next
Once onboarding is complete, investing is enabled in that section of the app.
You can now:
- Review offering details
- Make your first investment
Each option has its own onboarding.
If you later open the other one, you’ll complete onboarding there before investing.
For example, if you finish onboarding in Private Real Estate and later open the Real Estate Fund, the fund will ask you to complete its onboarding before you can invest (and vice versa).
After onboarding, you can invest immediately. The Real Estate Fund allows you to invest multiple times over time, while Private Real Estate opportunities are individual properties that are only available while the raise is open.
It’s a regulatory requirement. Onboarding ensures every investor is classified correctly under the regulations and that all investments remain within permitted limits.
No. You won’t upload documents again during onboarding. However, the first time you open Private Real Estate or the Real Estate Fund, you will have to confirm your identity before onboarding begins.
Yes, you can update it via the real estate fund settings in the app later. For more information, see the Guide: How to View and Manage Your Investment Limits.
Your investment limit will be calculated based on what you entered. If it’s too low, it can’t be changed for the year, so double-check before submitting.
Usually less than five minutes.
Frequently Asked Questions
It’s a regulatory requirement. Onboarding ensures every investor is classified correctly under the regulations and that all investments remain within permitted limits.
No. You won’t upload documents again during onboarding. However, the first time you open Private Real Estate or the Real Estate Fund, you will have to confirm your identity before onboarding begins.
Yes, you can update it via the real estate fund settings in the app later. For more information, see the Guide: How to View and Manage Your Investment Limits.
Your investment limit will be calculated based on what you entered. If it’s too low, it can’t be changed for the year, so double-check before submitting.
Usually less than five minutes.
It’s a regulatory requirement. Onboarding ensures every investor is classified correctly under the regulations and that all investments remain within permitted limits.
No. You won’t upload documents again during onboarding. However, the first time you open Private Real Estate or the Real Estate Fund, you will have to confirm your identity before onboarding begins.
Yes, you can update it via the real estate fund settings in the app later. For more information, see the Guide: How to View and Manage Your Investment Limits.
Your investment limit will be calculated based on what you entered. If it’s too low, it can’t be changed for the year, so double-check before submitting.
Usually less than five minutes.
It’s a regulatory requirement. Onboarding ensures every investor is classified correctly under the regulations and that all investments remain within permitted limits.
No. You won’t upload documents again during onboarding. However, the first time you open Private Real Estate or the Real Estate Fund, you will have to confirm your identity before onboarding begins.
Yes, you can update it via the real estate fund settings in the app later. For more information, see the Guide: How to View and Manage Your Investment Limits.
Your investment limit will be calculated based on what you entered. If it’s too low, it can’t be changed for the year, so double-check before submitting.
Usually less than five minutes.
It’s a regulatory requirement. Onboarding ensures every investor is classified correctly under the regulations and that all investments remain within permitted limits.
No. You won’t upload documents again during onboarding. However, the first time you open Private Real Estate or the Real Estate Fund, you will have to confirm your identity before onboarding begins.
Yes, you can update it via the real estate fund settings in the app later. For more information, see the Guide: How to View and Manage Your Investment Limits.
Your investment limit will be calculated based on what you entered. If it’s too low, it can’t be changed for the year, so double-check before submitting.
It’s a regulatory requirement. Onboarding ensures every investor is classified correctly under the regulations and that all investments remain within permitted limits.
No. You won’t upload documents again during onboarding. However, the first time you open Private Real Estate or the Real Estate Fund, you will have to confirm your identity before onboarding begins.
Yes, you can update it via the real estate fund settings in the app later. For more information, see the Guide: How to View and Manage Your Investment Limits.
Your investment limit will be calculated based on what you entered. If it’s too low, it can’t be changed for the year, so double-check before submitting.
Usually less than five minutes.
