Build wealth with a smart portfolio that complies with Islamic law.
Our Halal Investing portfolio is a simple and low-cost way to grow your money. Your portfolio is optimized not only for performance, but for companies and investments that comply with Islamic laws. Learn more about the companies we invest in and how they are screened.
All investments are screened by a third-party committee of Shariah scholars
No investment in companies that profit from gambling, arms, tobacco or other restricted industries
No businesses that derive significant income from interest on loans
The Halal Investing portfolio includes 50 stocks selected to track the market as closely as possible and optimize for diversification. Your money is invested in companies around the world to minimize risk and maximize reward.
Accounts that fit your goals
Helps build long-term wealth alongside your 401(k)s and IRAs. These accounts are taxable but you can withdraw money any time without a penalty.
Save for retirement with the help of a lower income tax bill. All the money you contribute here is deductible.
With this type of account you pay taxes on the money you contribute, but not on the money you earn in the account.
The perfect retirement account for the self-employed. It allows you to contribute more than both Traditional and Roth IRAs.
For accounts with multiple owners, such as married couples and business partners.
For holding assets for a beneficiary, usually used for estate and tax planning.
Are you paying higher fees elsewhere on your IRA or other accounts? You don’t have to. Transfer any accounts with more than $5,000 to Wealthsimple and we’ll cover the administrative transfer fees the other company charges you.
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Everything is encrypted - We use state-of-the-art data encryption when handling your financial information and two-factor authentication (2FA) protection
Insurance and protection - All of our accounts have standard investor protection up to $500k in the case of our insolvency
Powerful backing - Wealthsimple is backed by $200M in investment from some of the world's largest financial institutions
We keep your money safe
Wealthsimple Invest – 0.50% fee
Wealthsimple Save – 0.25% fee
Expert financial advice
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Reduced 0.4% management fee for Wealthsimple Invest
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