Wahed Invest Malaysia, Good, Ok2, Bad?
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 Apr 24 2020, 08:04 PM
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#1
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Probation
22 posts Joined: Mar 2020 
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Hi All,
How to profit using Wahed Invest? What is the best way? DCA or keep withdrawing the profit?? For example invest 1000, profit earned 100, should I withdraw 100 or just left it there? if I withdraw, will the profit for next month be 100 should its performance remains the same?? |
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Apr 27 2020, 10:02 PM
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#2
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Probation
22 posts Joined: Mar 2020
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QUOTE(GrumpyNooby @ Apr 27 2020, 09:23 PM) Not happened yet. I withdraw all my funds tomorrow and will invest back when I think the time is right. Hope all my profits will be able to reach the bank account =PCan always come back after it really does realize. Now, it's my time to exit!  Its 8 working days so I hope the market is still okay till then. if it takes more than 8 working days i'm doomed. Anyone did withdrawal before and how many days for it to reach the bank acc? newbie here lol |
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Apr 29 2020, 05:12 PM
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#3
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Probation
22 posts Joined: Mar 2020
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QUOTE(GrumpyNooby @ Apr 29 2020, 02:14 PM) rizuan1226How's your withdrawal status? I checked that all my holdings in ETF are emptied and the proceeds are shown in CASH. Same as you. the transaction stated processing. When I check he positions, the amount I wanted to withdraw is in CASH too. Soon it'll go to the bank acc I hope =) |
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Apr 29 2020, 05:21 PM
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#4
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Probation
22 posts Joined: Mar 2020
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QUOTE(GrumpyNooby @ Apr 29 2020, 05:16 PM) confusedkid It looks like 3 working days. Yep. fingers crossed. I just left Rm 100 in my account. Its faster than expected so its a good thing for future withdrawals.Maybe by tomorrow we can have our cash in bank account.  |
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May 1 2020, 01:26 AM
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#5
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Probation
22 posts Joined: Mar 2020
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Withdraw on April 27th, 1st May (0100 AM) the money is in the bank acc. yeay
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May 1 2020, 06:29 AM
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#6
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Probation
22 posts Joined: Mar 2020
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QUOTE(GrumpyNooby @ May 1 2020, 05:27 AM) I haven't received mine. You use which bank account? CIMB and the amount is slightly below 5K.What is the amount you received? |
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May 1 2020, 07:07 AM
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#7
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Probation
22 posts Joined: Mar 2020
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QUOTE(GrumpyNooby @ May 1 2020, 06:42 AM) What I meant is the amount you received tally with the amount shown in the app under CASH? haha yes.  |
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May 29 2020, 07:41 PM
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#8
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Probation
22 posts Joined: Mar 2020
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QUOTE(Carls_Nemesis @ May 29 2020, 04:37 PM) hello, wanna ask something. normally how long it takes for withdrawal after receiving the email stated that the process at wahed side is completed? its already 4 working days for me the first email stated that they acknowledged the withdrawal request. around 4 working days later, the second email sent by wahed stated that the withdrawal is processed (it got into my bank account on the same day). Are you sure the email stated that the process is already completed?? if yes. 4 days is too long for it to reach the bank account. |
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Jun 23 2020, 07:57 PM
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#9
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Probation
22 posts Joined: Mar 2020
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Registered 2nd Wahed account on 21/6/2020 @ 11 PM. Funds reached account on 23/6/2020 and will park there. Should be eligible for the RM40 referral code aite? My first account is very aggressive. 2nd account is moderately aggressive QUOTE(GrumpyNooby @ Jun 23 2020, 08:17 AM) |
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Jun 24 2020, 07:03 PM
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#10
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Probation
22 posts Joined: Mar 2020
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Damn. used my own referral lol. where is this stated btw? searched at the web. cant find any black and white statement. QUOTE(tribal94 @ Jun 24 2020, 12:00 PM) You wont get referral bonus if you used your own referral code. ohcipala liked this post
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Jan 8 2021, 03:03 PM
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#11
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Probation
22 posts Joined: Mar 2020
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QUOTE(MANUTD676767 @ Jan 8 2021, 01:17 PM) Mine since 2 January 2021 not in yet lol.. They should inform early hnnm u mean the money is still on cash portion even now? I deposit mine on 7/1 and the money is received and in cash portion on 8/1. pretty fast |
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Apr 13 2021, 03:17 PM
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#12
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Probation
22 posts Joined: Mar 2020
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I think they used time-weighted rate of return. please google and use the formula for time-weighted rate of return. its not straight away calculations... QUOTE(CPURanger @ Apr 11 2021, 08:07 PM) Yes, I have tried the formula you mention before, (203.26 / 4001.0) * 100.0 = 5.08% The app last shows 8.10% Somehow couldn't get 8.10. CPURanger liked this post
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