FF News Logo
Wednesday, August 05, 2026

Breaking News

Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation CLS Appoints Six New Board Directors Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World SumUp Launches in Canada European Fintech Association Elects New Board of Directors G+D: Navigating the Future of Fintech Agility and Innovation Connect IFA Strengthens Leadership Team to Drive Growth and Enhance Adviser Support FreeAgent Launches New AI Tool for Landlords to Capture Rental Statements EXCLUSIVE: “Keeping The Rubber on Track” – Nick Kerigan, Swift in ‘The Fintech Magazine’ Megadeals Are Back. Here’s Why J-P Conte Thinks Patient Capital Still Wins. A New Way to Get Paid: Modulr Adds cVRP to Its Collections Hub DIFC Future of Finance Report: Digital Native, AI Driven Challenger Banks Redefining Banking Models, Signalling Industry’s Biggest Shift Since 2008 UK Financial Institutions Look to Decade of AI-Driven Growth as Confidence Strengthens LUMIQ Raises Strategic Funding to Become the AI Decision Layer for Financial Services easypaisa and Binance Sign MoU to Explore Emerging Financial Technology Growth in Pakistan

February 20 2023

Junaid Wahedna, Founder & CEO of Wahed on Opportunities in the Fintech Space

Share this post:

Share on LinkedIn Share on WhatsApp

Junaid discusses how Wahed has been a contrarian to the “fintech norms”. Where other fintechs may release lending, or day trading products. Instead, Wahed has focused on a long-term savings product that has allowed them to outperform their competitors in the climate of an economic recession. These strategies have allowed Wahed to grow its revenues by 75% in the last year.

Junaid also talks about how Wahed started as a savings solution where a faith-based investor can contribute to a diversified portfolio where each payment is screened to avoid interest-based systems. “It seems very simple, but it hasn’t really been done for this specific use case,” said Junaid Wahedna, Founder & CEO of Wahed. “As a banking user, in a high-street bank, your money is kept in fiat currency. Whereas with us it’s always kept in a real asset so you don’t have the same inflationary pressures.”

People In This Post

Junaid Wahedna

Junaid Wahedna

Wahed

Companies In This Post

Wahed

Wahed
  1. Oxford Risk: Placing the Human at the Center of Wealth and Asset Management Transformation

    Banking Transformation Summit 2026

     Read more
  2. CLS Appoints Six New Board Directors

    Hiring

     Read more
  3. Mobey Forum Calls for a Collaborative Approach to Fraud Prevention in Rethinking Fraud in a Connected World

    Fintech

     Read more
  4. SumUp Launches in Canada

    News

     Read more
  5. European Fintech Association Elects New Board of Directors

    Hiring

     Read more
More On