If remain 1 account still need pay rm2.5 per month?

Anyone else can't login to Wahed?

nvm, had to clear cache

This post has been edited by amir.asyraf: Jan 10 2021, 05:00 PM

No. Usual management fee

I can login normally since morning

I tried open a new portfolio with no intention of deposit, and then I was not able to find an option to CLOSE the portfolio.

And because of that, will I be charge RM2.50/month or 0.75% p/a for having second portfolio with nothing inside it?

Account 1 is 0.79% per year but still depends on whether they will be able sustain which I got a feeling HLAL ETF is not doing that great hence marketing of account 2 which will backfire and escalate the move to StashAway

According to FAQ, yes but how they deduct the charges is another question to be answered as I suspect hey will deduct it Fromm Account 1

Ref - Wahed FAQ

is there any group can join to know more about Waheed Investment? discussion group or info etc?

You can inquiry in this threat.

Whaed also will send email to you regarding your investment and current portfolio updates.

Another app update is available for Android.

HLAL ETF not doing great? it was 20 over dollars one year ago now reaching 35 dollars leh. how can you 'feel' the ETF not doing well?

Market Review: 4 - 8 January 2021

HLAL	MMID	RHB IBF	GOLD
3.70%	3.50%	0.10%	0.80%

Table 1: Week-on-week returns (4 - 8 Jan 2021)

Funds used by Wahed Invest were up last week. US markets started strong in the first trading week of 2021. Democrats secured the senate majority after the Georgia runoff elections, potentially paving the way for more fiscal stimulus to aid the economic recovery. Adding to the positive sentiment, WTI oil prices rose above USD50 per barrel, a level last seen in February 2020, as Saudi Arabia announced an unexpected production cut.

KLCI also closed higher last week, after a strong Friday spike due to a strong rebound on the gloves sector after COVID-19 case numbers continued to see record highs.

Market Outlook: 11 - 15 January 2021

Investors seem to look past the political unrest in the US and focus on further stimulus to mend the damage of the COVID-19 pandemic. From an investment perspective, economic data continue to reveal a mix of resiliency and lockdown stress. This week marks the unofficial start to the earnings season, with several banks reporting quarterly earnings.

Back home, the expectation of further MCO to be announced means that the focus is back on the healthcare sector particularly the glove counters. The financials sector which benefited toward the end of 2020 on recovery hopes could continue to be beaten down, especially following Fitch Ratings' report that the ratings outlook for global banks has turned negative for 2021.

Pressing Points: A Positive Start To The Year

For 2021, all funds closed higher in terms of total return, with HLAL +3.7%, MMID +3.5%, RHB IBF +0.1% and GOLD +0.8%.

HLAL	MMID	RHB IBF	GOLD
3.70%	3.50%	0.10%	0.80%

Table 2: Year-to-date returns (1 - 8 Jan 2021)

We are starting the year on a positive note, although presumably recent events, such as the unprecedented riot at the US Capitol, should have steered investors away from the market. Alas, the stock markets powered higher as it continues to focus on policy stimulus and a post-vaccine recovery.

In a week that should have been negative to the markets, the continued uptrend is a reminder that market players take their cue from forward-looking fundamentals, including a recovery in the economy, improving corporate profits and the direction of the interest rates. This highlights the importance of a long-term view and an investment strategy aligned with your financial goals, instead of focusing on the ever-changing news cycle.

If you are investing in early 20s yes it is great but however the upside now is gone hence this year are looking into ways of upcharging to make more money as the good times are gone

It is just the same business model of every unicorn when early investors will make and the newest ones will be in limbo

HLAL it is already about 22% holdings on Apple and Tesla of its ETF hence will just need to see when the right time because the charts is now showing on the downside

And tonight it's reaching ATH again. If you want to time the market you are in the wrong group

Investment is not gambling. No legitimate investment company will promise to make you a millionaire when you invest RM1,000 one-off into a diversified portfolio of investments.

Building wealth towards achieving your desired financial goal requires a combination of two powerful forces in personal finance, namely, Savings & Investments.

These two concepts together will supercharge your way towards building your wealth and helping you achieve your financial goal.

See how we build you a diversified portfolio

Geez, you dont have to say it twice

He try to emphasise it, takut u x nampak 😆😆😆

New app update, still not transaction details like SAMY

Would love to see the amount of shares bought at price per share like SAMY have for every buy/sell order

Your Zakat Calculations for the year 2020

Zakat acts as a social safety net for those in need and a means to uplift the entire community. For Muslims, Zakat is done ultimately to increase faith and devotion to God.

Here’s our calculation of your zakat amount based on your investment with Wahed

My lowest portfolio value*: RM 0
Portfolio Value less of Wahed Fees: RM 0
2.5% of Portfolio value: RM 0
Amount of zakat to be paid**: RM 0

Our Zakat Calculation Methodology*

We consider you to be eligible to pay zakat if :

You have an active account for a full-calendar year period (from 1st January 2020 to 31st December 2020), thus completing a full haul.

Your lowest portfolio value in any given month exceeds RM X.XX, the published nisab amount for 2020.

**You are receiving this email because your investments with Wahed have fulfilled the minimum period (haul). The zakat amount calculated here is only applicable to your Wahed investment and does not take into consideration other assets you are holding.


Why is my Zakat amount payable RM 0?


It could be that you have made a full withdrawal during the year. As such your assets with Wahed didn’t fulfil the full Haul period for it to be eligible for Zakat.

Another reason is because based on our Zakat Calculation Methodology, your lowest portfolio value does not exceed the nisab for the year.

What if my family member or friend who uses Wahed didn’t get this Zakat calculation email?

This email is only sent to Wahed Invest Malaysia clients who have funded their accounts for the full Haul period (one calendar year). Those who have not invested with Wahed for the full year, will not need to pay Zakat on their Wahed portfolio holdings and hence they did not receive this email.

I do not qualify to pay zakat as I am not a muslim.

You may ignore the content of this email. However, in the spirit of helping others in need, we are also sharing an Index of available NGOs (provided by HATI) that you may be inclined to support their causes.

Is this mean Wahed will take certain amount from our investment portfolio to contribute zakat?