Halal investment tool for Muslims raises â¹32 crore
New York-based investment startup Wahed has raised over â¹32 crore in seed funding to build automated Halal portfolios for Muslims. Former McKinsey & Company partner Nasr-Eddine Benaissa and former Managing Director at JPMorgan Chase John Elkhair participated in the round along with other investors. The Shariah-compliant portfolios exclude investments in things like alcohol and firearms.