Retirement · Wahed Invest
Wahed Invest SEP IRA
Co-Founder & CEO, HalalWallet
Facts are re-verified against Wahed Invest's published materials; this page updates when the provider's terms, rates, or coverage change.
Wahed's SEP IRA gives self-employed Muslims and small-business owners the higher contribution ceilings of an employer-funded retirement plan with fully halal contents: the same six managed risk tiers as Wahed's core robo service, built from Shariah-screened Wahed equity ETFs, sukuk, gold, and the KWIN alternative-income ETF. Accounts open from $100, accept rollovers from prior employer plans (401(k)/403(b)/457) and IRA transfers, and sit in the client's name at Apex Clearing with SIPC protection. Compliance runs through Wahed's three-scholar Shariah board with Shariyah Review Bureau as external advisor and quarterly purification reporting.
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What is the Wahed Invest SEP IRA?
Wahed's SEP IRA gives self-employed Muslims and small-business owners the higher contribution ceilings of an employer-funded retirement plan with fully halal contents: the same six managed risk tiers as Wahed's core robo service, built from Shariah-screened Wahed equity ETFs, sukuk, gold, and the KWIN alternative-income ETF. Accounts open from $100, accept rollovers from prior employer plans (401(k)/403(b)/457) and IRA transfers, and sit in the client's name at Apex Clearing with SIPC protection.
- Contract structure: Robo-Advisor.
- Available in all 50 states.
- Shariah oversight disclosed: Third-Party Certified.
- HalalWallet Index grade for Wahed Invest in Retirement: B+.
- Verified against Wahed Invest's published materials on 2026-08-13.
Source: HalalWallet (halalwallet.us)
Key facts
- Structure
- Robo-Advisor
- Management fee
- 0.49% + $60/yr (<$100K); 0.49% ($100K+)
- Minimum investment
- $100
- Availability
- all 50 states
- Shariah oversight
- Third-Party Certified
- Provider founded
- 2015
- Last verified
- 2026-08-13
Facts are taken from Wahed Invest's published product materials and were last verified on 2026-08-13. Fields the provider does not publish are omitted rather than estimated.
Our take
For a freelancer or small-business owner, the SEP IRA is usually the biggest halal tax shelter available - employer-side contribution limits far beyond the standard IRA cap - and Wahed is one of the very few platforms that delivers it compliant end to end. Rollovers from old 401(k)s consolidate cleanly, custody sits at Apex in your own name, and the compliance stack (three named scholars, Shariyah Review Bureau external review, quarterly purification data) is the most documented among US halal robos. Costs are the familiar Wahed equation: fair at scale (0.49% flat above $100K), but the $60 fixed fee stings small balances, and you accept model portfolios built substantially from Wahed's own funds. Self-employed savers who expect to contribute seriously each year will find the structure earns its fees; dabblers should start with a cheaper standard IRA.
Strengths
- Higher contribution limits than a Traditional IRA for the self-employed
- Portfolios certified by the Shariyah Review Bureau (2024)
- Automated robo-advisor management
- Available nationwide in all 50 states
Watch-outs
- Only available to the self-employed and small-business owners by design
- Limited to Wahed's model portfolios - no fund choice or stock selection
- The $60/year fixed fee drags on accounts that stay small
- Portfolios lean on Wahed's own ETFs - a disclosed but real conflict
Is the Wahed Invest SEP IRA halal?
Wahed's SEP IRA gives self-employed Muslims and small-business owners the higher contribution room of an employer-funded retirement plan without compromising on riba: the account holds the same fully halal managed portfolios as the rest of the platform - Shariah-screened Wahed equity ETFs, sukuk, gold, and the KWIN alternative-income ETF in conservative tiers, with conventional bonds and interest-bearing cash excluded by construction. The screening bars conventional finance, alcohol, tobacco, gambling, adult entertainment, weapons, and impure food stocks, and applies debt and asset-backing tests; what little impermissible income slips through is quantified in published quarterly purification amounts, summarized in simple annual reporting. Oversight comes from a named three-scholar Shariah Supervisory Board - Sheikh Sajid Umar, Sheikh Dr. Aznan Hasan (a sitting AAOIFI Shariah board member), and Sheikh Muhammad Ahmad Sultan - with Shariyah Review Bureau as the designated external Shariah advisor and annual board reports published for 2019 through 2024. For a business owner whose alternative is a conventional SEP at a mainstream custodian, the trade is clear: identical tax mechanics, halal contents. Go in knowing the history - the SEC's February 2022 order over earlier marketing and compliance failures ($300,000 penalty) - and the fee shape: 0.49% plus $60 a year, flattening to a flat 0.49% at $100,000.
Shariah oversight disclosed by Wahed Invest
Certified by Shariyah Review Bureau (SRB) (2024). Signed by Dr. Aznan Hasan (SRB).
HalalWallet reports the Shariah documentation a provider publishes. We do not issue certifications; consult a qualified scholar for a personal ruling.
What you get
- SEP contribution limits for the self-employed and small-business owners, with fully Shariah-screened contents
- $100 minimum to open; portfolios span Wahed equity ETFs, sukuk, gold, and the KWIN income ETF
- Rollovers and transfers accepted from prior employer plans (401(k)/403(b)/457) and other IRAs
- Published quarterly purification amounts plus annual purification reporting
- Three named scholars on the Shariah board, external review by Shariyah Review Bureau, annual reports published 2019-2024
- Custody at Apex Clearing in your own name; SIPC protection up to $500,000
Cost and terms
Wrap fee: 0.49% of AUM + $60/year under $100,000; 0.49% flat at $100,000+ (verified on wahed.com/pricing 2026-08-05). $100 minimum to activate. No deposit, withdrawal, or closure fees; underlying ETF expense ratios extra. SEP contribution limits follow IRS rules for employer contributions.
How it compares
Other retirement providers we list in the U.S., ordered by HalalWallet Index grade.
| Product | Structure | Shariah oversight | Availability | Grade |
|---|---|---|---|---|
| Wahed Invest SEP IRA (this page) | Robo-Advisor | Third-Party Certified | all 50 states | B+ |
| ShariaPortfolio 401(k) | Wealth Management | Named Scholar | all 50 states | — |
Other Wahed Invest products
- Wahed Real Estate Fund
Investing · Zero-debt single-family rental fund (100% equity)
- Wahed Dow Jones Islamic World ETF
Investing · Index-based
- Wahed Invest Robo-Advisor
Investing · Robo-Advisor
- Roth IRA
Retirement · Robo-Advisor
- Traditional IRA
Retirement · Robo-Advisor
- Wahed FTSE USA Shariah ETF
Investing · Index-based
Where it's available
Wahed Invest lists the SEP IRA as available in all 50 states.
Availability may vary by product and can change; verify with Wahed Invest before applying.
Frequently asked questions
Is the Wahed Invest SEP IRA halal?
Wahed's SEP IRA gives self-employed Muslims and small-business owners the higher contribution room of an employer-funded retirement plan without compromising on riba: the account holds the same fully halal managed portfolios as the rest of the platform - Shariah-screened Wahed equity ETFs, sukuk, gold, and the KWIN alternative-income ETF in conservative tiers, with conventional bonds and interest-bearing cash… Contract structure: Robo-Advisor. Shariah oversight disclosed by Wahed Invest: Third-Party Certified. HalalWallet reports what the provider documents; we do not certify products.
How does the Wahed Invest SEP IRA work?
Wahed's SEP IRA gives self-employed Muslims and small-business owners the higher contribution ceilings of an employer-funded retirement plan with fully halal contents: the same six managed risk tiers as Wahed's core robo service, built from Shariah-screened Wahed equity ETFs, sukuk, gold, and the KWIN alternative-income ETF.
What does the Wahed Invest SEP IRA cost?
Wrap fee: 0.49% of AUM + $60/year under $100,000; 0.49% flat at $100,000+ (verified on wahed.com/pricing 2026-08-05). $100 minimum to activate. No deposit, withdrawal, or closure fees; underlying ETF expense ratios extra. SEP contribution limits follow IRS rules for employer contributions.
What are the minimums for the Wahed Invest SEP IRA?
As published by Wahed Invest: minimum investment $100. Confirm current requirements with Wahed Invest before applying.
Where is the Wahed Invest SEP IRA available?
Wahed Invest lists this product as available in all 50 states. Availability can change and may differ by state; verify directly with Wahed Invest.
What are the alternatives to the Wahed Invest SEP IRA?
In the same category we also list ShariaPortfolio 401(k). Compare every option side by side on our Halal Retirement Accounts hub.
When was this Wahed Invest product information last verified?
HalalWallet last verified the Wahed Invest SEP IRA details against Wahed Invest's published materials on 2026-08-13. Rates, fees, and availability can change after that date.
How to use this comparison: HalalWallet is an independent educational comparison platform - by design, we do not provide financial, legal, or religious advice. We do the research homework so your final checks are quick and personal.
Product structures and Shariah oversight vary by provider, so finish with three built-in steps:
- Confirm current terms and halal compliance directly with the provider - their quote is final.
- Review the contract structure (Murabaha, Ijara, Musharakah, etc.) and any disclosed Shariah board opinions.
- Bring your shortlist to a qualified Islamic finance advisor or scholar, so the conversation is about your situation, not the basics.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-08-13
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