Assessing Shariah Compliance in Robo-Advisors: Key Considerations for Investors #

If the robo-advisor invests fully in shariah compliant funds then yes it is compliant.

The easiest way to ascertain whether a robo-advisor is Islamic is to check whether they have a shariah advisor overlooking their operations. One such example is, Wahed’s app.

Having said that, at this time of writing (16/12/2021), we don’t think the robo-advisors inn Singapore such as Syfe, endowus are shariah compliant.