September 1st, 2021: Wahed Inc. (‘Wahed’), the leading halal fintech company announced Jon Xu joining the Board of Directors.
Jon Xu brings a wealth of experience to the role. Previously, Xu co-founded and was the Chief Technology Officer of FutureAdvisor, part of the first wave of robo-advisor solutions to make high-quality investment management available to everyone. FutureAdvisor was acquired by BlackRock in 2015, where Jon continued to lead product design and engineering as Managing Director in the Aladdin Wealth Group.
Xu said: “I’ve long been a believer that intelligent financial services that give the best financial outcomes should be available to everyone. The technology we built at FutureAdvisor, among other robo-advisors of the last decade, was just the beginning. I am incredibly excited about what the team is building at Wahed Invest. Wahed is truly delivering intelligent financial outcomes to a global customer community. This is a journey that I’m very proud to be a part of and look forward to its growth.”
Xu joining, signals a leap forward in Wahed’s expansion plans and its ambition to become the leading ethical and values-based financial products and services provider. Commenting on the appointments, Junaid Wahednasaid: “We are thrilled to welcome Jon on board this journey as we take Wahed to the next level of growth”.
Launched in 2017, Wahed delivers through its affiliated entities financial investment services for those looking for ethical and social impact investment options. The firm successfully balances moral responsibility and modern investment theory when making investment choices, ensuring that its portfolios are not invested in companies that deal in restricted sectors, including gambling, firearms and alcohol.
Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.