US-based Wahed Invest Appoints RashedAlMuhtadi as Head of UAE

Dubai, United Arab Emirates, May 13, 2019 – Wahed Invest (“Wahed”), a New York headquartered halal investing platform which is revolutionizing the Islamic Economy, has appointed Rashed Al Muhtadi as the Head of the UAE to lead the company’s expansive foray in the Emirates.

“With the next evolution of WahedInvest’s vision underway, we are thrilled to welcome Rashed to oversee the company’s establishment in the UAE,” said JunaidWahedna, Founder and CEO of Wahed Invest. “Under his astute guidance, and with his sound knowledge of the region’s financial sphere, I am confident Wahed’s unique value proposition and digital offerings will empower a new generation of investors, as well as reinvent the investment paradigm of the UAE and the wider region.”

Rashed Al Muhtadi brings a wealth of industry experience to his role as Head of UAE, having spent close to a decade immersed in the UAE’s finance sector as an investment manager and professional across Emirates NBD’s asset management business unit.

In his role as Head of UAE at Wahed, Rashed Al Muhtadi will work with a dynamic executive team consisting of Yasser Aboudkhil, Chief Technology Officer, who develops and grows Wahed’s technological infrastructure and development teams; Kareem Tabbaa, Chief Product Officer, who leads and develops the company’s product offering and growth strategy; Musa Abdul-Basser, Chief Legal Officer, Chief Compliance Officer (JD, PCIF), who is a finance and capital markets attorney; and SamimAbedi, Global Head of Portfolios, who is responsible for managing Wahed’s global portfolios.

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