Key Takeways:
If you’ve changed your bank account or want your distributions to be paid into a different account, you can request an update through our support team. We verify all changes before applying them to prevent failed payments or unauthorized redirection.
Why We Verify Bank Details
Your distributions are transferred directly to your registered bank account. Before changing this account, we must confirm that the new account belongs to you.
This protects your funds and ensures payments are processed successfully through our banking partners.
How to Request a Bank Account Update
To update your bank account details:
- Contact our support team at realestate.us@wahed.com and request a bank update.
- Our team will reply with instructions and verification requirements. You’ll likely be asked to provide:
- A recent bank document or voided check clearly showing your name, routing number and account number (dated within the last 3 months).
- A valid form of identification (such as a driver’s license or passport), if required for additional verification.
- Reply to the support email with the requested documents attached.
Please make sure the name on your bank account matches the name on your Wahed profile. If there’s a mismatch, our team may request additional proof of ownership before updating your details.
What Happens After Your Request
Once your documents are received and verified:
- Your bank account details will be securely updated in our system.
- All future distributions will be sent to your new account.
- You’ll receive a confirmation email once the update is complete.
If verification is completed before the next payment cycle, the new account will be used immediately. Otherwise, it will apply from the following cycle.
For security and compliance reasons, we’re unable to make changes without proper documentation.
No. For security and regulatory reasons, bank updates can only be processed through our support team.
If your update is verified before the next disbursement window, your payment will be sent to the new account. If not, the update will take effect from the next quarterly cycle.
To comply with the US AML, OFAC and identity verification standards. This ensures that the account belongs to you and protects your funds from unauthorized changes.
If your bank account name is different from the name on your Wahed account, we may be unable to disburse your income. Our team will request additional proof, such as a bank statement showing your name and account number, before making any updates.
No. For security reasons, each investor profile can be linked to only one active account.
In Summary
Distributions are made directly to your verified bank account each quarter. If your account changes, reach out to our support team at realestate.us@wahed.com to update your details securely.
Verification is required to protect your funds and comply with the financial regulations. Once your new account is verified, it will be linked for all the future distributions.
No. For security and regulatory reasons, bank updates can only be processed through our support team.
If your update is verified before the next disbursement window, your payment will be sent to the new account. If not, the update will take effect from the next quarterly cycle.
To comply with the US AML, OFAC and identity verification standards. This ensures that the account belongs to you and protects your funds from unauthorized changes.
If your bank account name is different from the name on your Wahed account, we may be unable to disburse your income. Our team will request additional proof, such as a bank statement showing your name and account number, before making any updates.
No. For security reasons, each investor profile can be linked to only one active account.
Frequently asked Questions
No. For security and regulatory reasons, bank updates can only be processed through our support team.
If your update is verified before the next disbursement window, your payment will be sent to the new account. If not, the update will take effect from the next quarterly cycle.
To comply with the US AML, OFAC and identity verification standards. This ensures that the account belongs to you and protects your funds from unauthorized changes.
If your bank account name is different from the name on your Wahed account, we may be unable to disburse your income. Our team will request additional proof, such as a bank statement showing your name and account number, before making any updates.
No. For security reasons, each investor profile can be linked to only one active account.
No. For security and regulatory reasons, bank updates can only be processed through our support team.
If your update is verified before the next disbursement window, your payment will be sent to the new account. If not, the update will take effect from the next quarterly cycle.
To comply with the US AML, OFAC and identity verification standards. This ensures that the account belongs to you and protects your funds from unauthorized changes.
If your bank account name is different from the name on your Wahed account, we may be unable to disburse your income. Our team will request additional proof, such as a bank statement showing your name and account number, before making any updates.
No. For security reasons, each investor profile can be linked to only one active account.
No. For security and regulatory reasons, bank updates can only be processed through our support team.
If your update is verified before the next disbursement window, your payment will be sent to the new account. If not, the update will take effect from the next quarterly cycle.
To comply with the US AML, OFAC and identity verification standards. This ensures that the account belongs to you and protects your funds from unauthorized changes.
If your bank account name is different from the name on your Wahed account, we may be unable to disburse your income. Our team will request additional proof, such as a bank statement showing your name and account number, before making any updates.
No. For security and regulatory reasons, bank updates can only be processed through our support team.
If your update is verified before the next disbursement window, your payment will be sent to the new account. If not, the update will take effect from the next quarterly cycle.
To comply with the US AML, OFAC and identity verification standards. This ensures that the account belongs to you and protects your funds from unauthorized changes.
If your bank account name is different from the name on your Wahed account, we may be unable to disburse your income. Our team will request additional proof, such as a bank statement showing your name and account number, before making any updates.
No. For security reasons, each investor profile can be linked to only one active account.
