Privacy Policy

Policy effective since August 2017

Last Revised Date - June 2023

Notification of Privacy Policy:

At Wahed Invest LLC, protecting your privacy is very important to us. As a financial services firm, we collect and use non-public personal information (NPI) in order to provide our clients (prospective, current, or former) with a broad range of financial services as effectively and conveniently as possible. We are providing this notification to inform you of the types of NPI we collect, our privacy safeguards and sharing practices. We handle all NPI in accordance with this policy.

WHAT IS NPI? WHAT TYPES OF NPI DOES WAHED INVEST COLLECT AND FROM WHOM DO WE COLLECT IT?

Non-public personal information (NPI) is confidential personal information about you that we obtain in connection with providing financial services or products to you. We generally collect non-public personal information about you from the following sources:

• Information we receive from you on applications or other forms (e.g., name, address, income, etc);
• Information about your transactions with us, our service providers, or other parties to transactions; 
• Information we may receive about you from unaffiliated financial service providers (e.g., custodians, insurance agents, attorneys, and consumer reporting agencies);
• Your responses to surveys that we might ask you to complete for research purposes; and
• Details of transactions you carry out through our digital application and of the fulfillment of your orders. You may be required to provide financial information before placing an order through our app.

INFORMATION WE COLLECT THROUGH AUTOMATIC DATA COLLECTION TECHNOLOGIES

As you navigate through and interact with our Website, we may use automatic data collection technologies to collect certain information about your equipment, browsing actions, and patterns, including:

• Details of your visits to our Website, including traffic data, location data, logs, and other communication data and the resources that you access and use on the Website.
• Information about your computer and internet connection, including your IP address, operating system, and browser type.

The information we collect automatically is only statistical data and does not include personal information, but we may maintain it or associate it with personal information we collect in other ways or receive from third parties. It helps us to improve our Website and to deliver a better and more personalized service, including by enabling us to:

• Estimate our audience size and usage patterns.
• Store information about your preferences, allowing us to customize our Website according to your individual interests.
• Speed up your searches.
• Recognize you when you return to our Website.

The technologies we use for this automatic data collection may include:

• Cookies (or browser cookies). A cookie is a small file placed on the hard drive of your computer. You may refuse to accept browser cookies by activating the appropriate setting on your browser. However, if you select this setting, you may be unable to access certain parts of our Website. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies when you direct your browser to our Website.
• Web Beacons. Pages of our Website and our emails may contain small electronic files known as web beacons (also referred to as clear gifs, pixel tags, and single-pixel gifs) that permit the Company, for example, to count users who have visited those pages or opened an email and for other related website statistics (for example, recording the popularity of certain website content and verifying system and server integrity).

We do not collect personal information automatically, but we may tie this information to personal information about you that we collect from other sources or you provide to us.

HOW IS YOUR NPI UTILIZED?

We do not disclose any non-public personal information (NPI) about you without your express consent, except as permitted and required by law. We only share your non-public personal information to:

1. Employees of our firm,
2. Our subsidiaries and affiliates.
3. Unaffiliated service providers such as account custodians (i.e., broker-dealers, banks and mutual fund companies),
4. Account aggregation services chosen by mutual agreement, and
5. Others who need to know such information in order to provide products or services to you.

We will also receive non-public personal information from some or all of the entities listed above. Disclosure of non-public personal information to such parties is unrestricted and facilitated by your agreement and consent.

We may also disclose your personal information:

• To comply with any court order, law, or legal process, including to respond to any government or regulatory request.
• To enforce or apply our terms of use and other agreements.
• If we believe disclosure is necessary or appropriate to protect the rights, property, or safety of Wahed Invest LLC, our customers, or others. This includes exchanging information with other companies and organizations for the purposes of fraud protection and credit risk reduction.

HOW DO WE PROTECT YOUR PERSONAL INFORMATION?

We maintain physical, electronic and procedural safeguards to protect your non-public personal information. Our safeguards include measures to protect your information prior to, during and upon termination of our financial services engagement (i.e., disposal of your data).

DISCLOSING PERSONAL INFORMATION TO NON-AFFILIATED THIRD PARTIES

We do not sell, share or disclose your personal information to persons or entities other than as described above. We will not share or disclose such information to non-affiliated third-party marketing companies.

YOUR STATE PRIVACY RIGHTS

State consumer privacy laws may provide their residents with additional rights regarding our use of their personal information. To learn more about California residents' privacy rights, visit here. California's "Shine the Light" law (Civil Code Section § 1798.83) permits users of our App that are California residents to request certain information regarding our disclosure of personal information to third parties for their direct marketing purposes. To make such a request, please send an email to support@wahed.com.

Colorado, Connecticut, Virginia, and Utah each provide their state residents with rights to:

• Confirm whether we process their personal information.
• Access and delete certain personal information.
• Data portability.
• Opt-out of personal data processing for targeted advertising and sales.

Colorado, Connecticut, and Virginia also provide their state residents with rights to:

• Correct inaccuracies in their personal information, taking into account the information's nature processing purpose.
• Opt-out of profiling in furtherance of decisions that produce legal or similarly significant effects.

To exercise any of these rights please submit an appropriate notice to legal@wahedinvest.com. To appeal a decision regarding a consumer rights request, submit an appeal referencing the original request to legal@wahedinvest.com.

FUTURE POLICY REVISIONS

This policy may change to reflect updates in our practices, procedures or regulatory requirements concerning the collection and use of NPI. As our client, you will receive notifications at least annually and our revisions or changes to this policy will be highlighted in our annual notifications. If you have any questions regarding our privacy policy, please do not hesitate to contact your investment advisor representative or you may write to, email, or call us at:

We are providing this notification to you in accordance with Federal and State regulations.