WahedX 2023 Q1 Newsletter

Published on
March 31, 2023

Looking back on this quarter!

The start of 2023 has brought about renewed vigour and optimism in the private investing marketplace. Here areour key highlights this quarter.

Our Key Highlights

Wahed’s first ever physical retail presence

We started the year with the inauguration of Wahed’s first ever physical retail presence in Baker Street, London

It was great to host Khabib Nurmagomedov, for the official ribbon-cutting ceremony who shared some words on WahedX's role in supporting communities through halal investment opportunities.

WahedX in Cairo

WahedX partnered with Startups Without Borders to kick off their 2023 Annual Summit in Cairo, which supports entrepreneurship among ambitious migrant and refugee communities.

WahedX CEO, Safdar Alam, hosted a workshop on ethical investing and the global market opportunity for inclusive investment opportunities.

We look forward to continue our work with Startups Without Borders to drive entrepreneurship and unlock best-in class investment opportunities.

Kestrl Launch Roadshow

WahedX hosted a number of roadshow events across the UK to announce the launch of Kestrl’s investment offer which included stops in London, Manchester and Birmingham.

We would like to give a massive thank you to all the attendees for showing us your continued support for Kestrl.

Introducing Wahed and WahedX in Scotland

WahedX broke new ground as we travelled to Scotland to meet investors. We're thrilled to have hosted our very first events in Scotland, spanning across three dynamic cities Edinburgh, Glasgow and Dundee.

We were overwhelmed by the support and interest shown to join the WahedX community. We are looking forward to coming back soon!

Accenture Event

This quarter also saw us continue our collaboration with professional organisations. We extend our gratitude to Accenture and its Muslim Interest Group for inviting us to explore the investment opportunities available within the Wahed ecosystem.

It was a great opportunity to connect with people who were passionate about building their wealth and eager to learn more about the wider landscape of a value-based financial system.

Deal updates

Glint is fully funded

WahedX is thrilled to announce that Glint is fully funded. We will keep our investors informed on the progress of Glint through our quarterly deal updates.

Kestrl: Live deal

As you may have seen, Kestrl reached their target of £250,000 in record time! We’ve extended our allocation so there is still time to invest!

You can find out more about Kestrl here.

Upcoming deal

We have exciting new deals in the pipeline, including our next opportunity, a rising player in the field of data analytics. Stay tuned for more exciting news!

Lastly, Ramadan Mubarak! The WahedX team wishes you an enjoyable and beneficial Ramadan with your loved ones.

Equity investments are not readily realisable and involves risks, including loss of capital, illiquidity, lack of dividends and dilution, and it should be done only as part of a diversified portfolio. Investments of this type are only for investors who understand these risks. You will only be able to invest in the company once you have met our conditions for becoming a registered member.

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Maydan Capital Limited, trading as Wahed Ventures and/or WahedX, is registered in England and Wales (Company No. 13451691), registered office: 87-89 Baker Street, London, W1U 6RJ, UK. Maydan Capital Ltd (FRN: 963613) is an appointed representative of Wahed Invest Ltd (FRN: 833225), an authorised and regulated firm by the Financial Conduct Authority.