Wahed Launches First Shariah-Compliant Single-Family Rental Real Estate Fund
Wahed, a leading Islamic fintech company, has launched the first Shariah-compliant single-family rental real estate fund in the United States. This innovative fund is designed to provide everyday investors with access to a diversified portfolio of rental properties, requiring a minimum investment of just $100. The fund operates with zero debt financing, ensuring it meets Islamic finance requirements while targeting annual net returns of 5-7%.
Until now, US investors seeking Shariah-compliant exposure to the real estate market have faced significant limitations. Most private real estate funds permit the use of leverage and are restricted to accredited investors, often imposing high minimum thresholds and limited diversification. Additionally, retail investors have had to bear the burden of sourcing, selecting, and managing properties directly.
The single-family rental market continues to attract attention from both institutional and retail investors. According to the National Association of Realtors, the national median existing-home price stood at $405,400 in December 2025, marking a 60% increase since 2019. Zillow estimates that America's housing shortage reached 4.7 million units in 2025, while Goldman Sachs Research projects that 3-4 million additional homes need to be built to address the shortage. Rental demand remains robust in many regions, and housing supply has not kept pace with population growth in several markets. Higher borrowing costs and tighter financing conditions have further increased demand for real estate structures that are less sensitive to financing conditions. Wahed's zero-debt approach is well-suited to investors seeking long-term exposure to real assets without taking on leverage.
Wahed began addressing this access gap last year with the launch of its deal-by-deal private real estate product, which allows investors to buy fractional shares in individual US properties. Investor demand has been strong, with properties consistently filling by waitlist users before being released more broadly on the platform.
'Faith-aligned investors in the US have been waiting for a real estate solution that does not force them to compromise,' said Mohsin Siddiqui, CEO of Wahed. 'This fund gives them a clear route into single-family rentals through a structure that avoids debt, provides diversification and liquidity, and reflects the standards we apply across our platform. It builds on the demand we have already seen and moves us closer to our goal of making Shariah-compliant wealth management available at scale.'
The new fund is a natural extension of Wahed's existing momentum and is designed for investors who prefer a portfolio approach rather than selecting properties one by one. The fund is always available and provides automatic diversification as new properties are added, allowing investors to gain exposure without waiting for individual deals. Investors can start with $100, receive rental income based on their share of the portfolio, and access quarterly liquidity windows. Wahed manages acquisition, due diligence, tenant relationships, and ongoing compliance through a highly experienced investment and operations team.
'Our role is to build real estate solutions that meet a clear need in the market and reflect the principles we stand for,' said Ahmar Sheikh, Head of US at Wahed. 'This fund brings together rental properties that are selected and managed with care, in a structure that is less exposed to changing financing conditions and interest rate cycles, and that allows investors to participate on an ongoing basis. It is a model that makes sense for investors regardless of religious affiliation.'
The US Real Estate Fund is open to non-accredited investors nationwide, subject to regulatory requirements.
About Wahed
Wahed is a global Islamic fintech company committed to democratizing access to Shariah-compliant investments. Since 2015, the company has served more than 450,000 clients across 130+ countries and is licensed in 9 jurisdictions. Wahed manages more than $1 billion in assets across its entities through a suite of Halal investment products that includes equity portfolios, venture investing, and real estate. The company is backed by prominent investors, including Saudi Aramco's Wa'ed Ventures and Qatar Development Bank, and maintains offices in New York, London, Abu Dhabi, India, and Kuala Lumpur.
For more information about Wahed Real Estate in the US, visit www.wahed.com.
Risk Disclosures
This investment is speculative, illiquid, and involves substantial risk, including the possible loss of your entire investment. Securities are offered through Dalmore Group LLC, Member FINRA/SIPC. Wahed and Dalmore are not affiliates. Investors will be clients of Wahed. An offering statement has been filed with the SEC. SEC qualification does not imply approval or endorsement of the offering's merits. Please review the full offering circular for complete terms and risks. Investors are purchasing shares of a Fund and not the underlying asset(s) of the Fund. There is no assurance any Fund will achieve its objectives, is not listed on an exchange, and may not be suitable for all investors. Distributions are subject to and are not guaranteed. As of March 5th, this is the first Shariah-compliant investment fund in the U.S. to offer non-accredited retail investors direct, pooled exposure to a managed portfolio of single-family rental (SFR) properties. This statement reflects our understanding of currently available products and may change as new offerings emerge.
