My timeline:
15jan-completed account setup+uplod all req docs+depo rm100 straight away
16jan-account setup succesful.waiting to receive fund
17jan morning-received my fund in wahed acc

So approx.. 2 working days..same as the FAQs told us

If you registered Wahed account with a referral code, you should get a RM40 cash bonuses. You can check this by clicking on the blue text "earned" on the Overview page.

So when you calculate the total (RM100 + RM40 - Wahed Fees), you lose 11.8%
Its supposed to be the performance from 6 months / 1 year before until today. But I think its using outdated info.

If you want to check the performance in detail, better go check at Bursa / Bloomberg instead of on the app.

MyETF-US50 : https://www.bursamalaysia.com/trade/trading...ock_code=0827EA
MyETF-MMID : https://www.bursamalaysia.com/trade/trading...ock_code=0824EA
TradePlus Shariah Gold Tracker : https://www.bursamalaysia.com/trade/trading...ock_code=0828EA
RHB Islamic Bond : https://www.bloomberg.com/quote/RHBIBND:MK
Wahed US ETF (MyETF US50) is a Malaysia-based ETF which holds US stocks and is listed and traded on Bursa, while SA US ETF is oversea based ETF (IVV).

The MyETF US50 only holds around 50 company stock from the SP500 that are syariah-compliant while IVV holds all of the SP500 company stock.
Gold is at an all-time high now, so I don't think its a good idea to go in now.

The percentage return is using time-weighted return. It's a bit hard to calculate it exactly since we need the daily gains/loss info to calculate it, which you can only get on the monthly statement (you can access by clicking the top left triple line button > Account Details > Under "My investment account" click Regular > Monthly statements). Each month statement is released after the end of the month.

https://www.oldschoolvalue.com/tutorial/tim...io-performance/


I personally don't think Wahed is a good vehicle for long-term investment as it doesn't have a solid reputation like EPF/ASB. I would maybe keep my money at Wahed for 1-2 years, then cash out and transfer the money somewhere safer. If I'm happy with the returns I get from Wahed, then I will restart from 0 and put my money little by little all over again.

And you definitely shouldn't expect to always get positive return with Wahed as all of its investment portfolio (stock, bond, gold) all have history of going down in prices, unlike EPF/ASB returns which have never went negative.
That's why it's important that you only invest in the market with money that you are prepared to lose. If you want to have an investment with better returns than EPF/ASB, then you have to take risk.

If you lose your money, learn what mistake you made and try again with the hopes that you can earn back your losses in the future. If you gain money, then set a reasonable expectation on how much gain you are happy with and cash out when you reach that gain. Don't get too greedy by dreaming for a better return in the future as you can never know when the market will turn. Even if the market does end up higher, be happy that you reach your goal for that investment.

Sorry to ask if this kind of volume for the said ETF in Wahed is considered normal?

Capital gain from equity trading including unit trust investment is not required to pay personal income tax or capital gain tax.
Unless you're a daily trader but that is somehow in grey area.

MyETF-MMID seems like no movement at all.

Yesterday 2% gain mainly comes from HLAL and RHB Islamic Bond Fund is giving negative return.

finally 3.7% movement from Malaysia ETF.

I am talking about any transaction of buy/sell/switch or even dividend that is updated daily like in SA.

SA also slow like snail.. All of these robo advisor not worth it our money.. They are only relevant because of referral bonus, other than that, it is only investment for dummy..

It's not wise because etf invest in all share which include strongest average weakest
Why not just buy the strongest share?

For the transaction time for the deposit, depends on method. i have done using two method,
1) jom pay during sunday,  Money is deposited in the next working day (Monday). Bulk of the fund (80-90%) invested in the same day.
2) direct debit, can only schedule for the next day meaning money is deposited at T+2.(as long as it falls in a working day).e.g: made the schedule on saturday,it will be deposited and invested on Monday.

For 36% risk profile portfolio, there are 8 ETF. Based on the information that i have right now, currently the portfolio is at version 4 ,so within 1.5 years that already have 4 iteration for the portfolio. Basically, the ETF and geographical allocation will change for each iteration with some overlap. Example;
1) version 3, US heavy at approx 80% ,europe at around 15%
2) version 4, US only at approx 40%, china ,gold and reit for the rest.

But you will have the option to accept or reject new iteration  or optimization they called it.

I have both version 3 and version 4 in my portfolio, as i reject the auto optimisation

That is for SA.

Submit my withdraw at profit this afternoon....(referral fee save me
Hopefully will get the withdrawal amount...

not bad ma higher than FD