The following terms and conditions (the ‘’Terms & Conditions”) govern participation in the Wahed Invest LLC (the ‘Firm’’ or ‘Wahed”) ‘ Evergreen Wrap Fee Waiver Program (the ‘’Program”) . By participating in the Program, you agree to abide by these Terms & Conditions. Failure to do so may result in the forfeiture of any rebate or waiver related to the Program.  Please read the following details of the Program’s Terms & Conditions carefully. This Program may be discontinued at any time at Wahed’s discretion.  Please see your Client Agreement for the meaning of any capitalized terms that are not defined in these Terms & Conditions. 

1. Eligibility

Who is eligible for this program?

Only Wahed clients who have not made any past deposit to their Wahed account are eligible for this Program. 

Such clients must deposit a minimum of $100 in funds into their account (“New Funds”). Clients will be able to take advantage of the Program beginning February 1, 2025.

‍

2. Fee Waiver

Eligible clients will receive a 3-month waiver of all Wrap Fees related to their account(s). 

‍

3. Limitation

• This Program and related Wrap Fee waiver will only apply to the first three full months after a client’s initial deposit of funds. This means that, if for example a client deposits such funds in the middle of a month, Wahed will charge a Wrap Fee for the remaining half of that same month and the waiver period will begin in the subsequent month.

‍

4. Additional Terms & Conditions

In connection with your participating in the Program, you agree to the restrictions listed below:

• Wahed reserves the right to decline requests to enroll in the Program and to revoke, rescind, or modify any Waiver at its sole discretion at any time and without notice for new and existing members of the Program.
• Wahed reserves the right to refuse or recover any Waivers if Wahed determines that:  (a) your eligibility was the result of wrongful, incomplete, inaccurate, or fraudulent circumstances or if terms and conditions of this Program were violated; or (b) Wahed is or may be required to do so by law or by any regulatory authority, court order, facially valid subpoena, or binding order of a government authority.
• By participating in this Program, you agree to release, discharge, indemnify, and hold harmless, Wahed, its affiliates, and all of their respective officers, directors, partners, and employees from any liability or damages that may result out of participation in this Program.
• Other restrictions may apply as determined by Wahed from time to time in its sole discretion and without notice.
• Eligibility for and participation in the Program does not constitute a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy.  Wahed does not provide investment advice and does not hereby recommend any security or transaction.
• You agree to consult with your tax advisor about the appropriate tax treatment for this Program.
• This program is only available to U.S. residents residing within the United States and who are otherwise qualified to open a Wahed Account.  Employees of any securities or regulatory organization or exchange are not eligible for this offer. Other restrictions may apply as determined from time to time by Wahed in its sole discretion and without notice.

‍

5. Brochure

You acknowledge and agree that Wahed has provided you a link to the most recently filed version of its Form ADV Part 2A, the Firm’s Wrap Fee Brochure.

‍

6. Dispute Resolution, including Pre-Dispute Arbitration Clause

All controversies that may arise between you and Wahed concerning any subject matter, issue, or circumstance whatsoever (including controversies concerning any account, order, or transaction, or the continuation, performance, interpretation, or breach of this, the other Agreements, or any other agreement between you and Wahed, whether entered into or arising before, on, or after the date this account is opened) shall be determined by binding arbitration through the American Arbitration Association (“AAA”). You acknowledge that judgment upon any arbitration award may be entered in any court of competent jurisdiction.