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Case Study
Sep 14, 2023

Wahed Invest mobile app case study

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Wahed Invest mobile app is an ethics-driven financial technology and services company offering global stock, market stock, sukuk, and real estate investments.  Utilizing Vendo's in-app shopping tools, a Wahed Invest-style app has the potential to smoothly incorporate an extra revenue stream, ultimately improving user satisfaction. Enable users to seamlessly explore and purchase products from domestic brands within your app by integrating Vendo's platform through a WebView, while earning a commission on each transaction.

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Leverage Vendo's comprehensive marketplace solution, which includes diverse brand options, seamless day-to-day operations, and support for selling through multiple channels.

Success factors of Wahed Invest mobile app

Ethical Investment Options: Providing a range of ethical investment opportunities, such as global stocks, market stocks, sukuk, and real estate, aligning with the values of socially responsible investors.

User-Friendly Interface: Offering an intuitive and easy-to-use mobile app interface for seamless navigation and a positive user experience.

Security Measures: Implementing robust security features to protect user data, transactions, and privacy, fostering trust and confidence among investors.

Diverse Portfolio Management: Allowing users to manage and diversify their investment portfolios easily within the app, providing flexibility and control.

Educational Resources: Offering educational resources and insights within the app to empower users with knowledge about ethical investing and financial literacy.

Personalized Recommendations: Providing personalized investment recommendations based on user preferences, risk tolerance, and financial goals to enhance user engagement.

Transparent Reporting: Offering transparent and detailed reporting on investment performance, transactions, and portfolio growth to keep users informed.

Customer Support: Providing responsive and helpful customer support services to address user inquiries, concerns, and technical issues promptly.

Seamless Transactions: Ensuring smooth and secure investment transactions within the app, offering convenience and reliability for users.

Continuous Improvement: Regularly updating the app with new features, performance enhancements, and user-driven improvements to maintain competitiveness and user satisfaction.

Suggestions for Wahed Invest mobile app's growth

Market Expansion: Identify and target new geographic markets for expansion, considering the regulatory environment and investor demand for ethical investment options.

User Engagement: Implement strategies to enhance user engagement, such as personalized notifications, investment-related content, and community forums within the app.

Social Media Integration: Integrate social media sharing and referral features to encourage users to share their investment journey and attract new users through word-of-mouth.

Educational Content: Expand the app's educational resources with articles, videos, and webinars on ethical investing, financial planning, and market insights to attract and retain users.

Partnerships: Form strategic partnerships with ethical organizations, financial advisors, or industry influencers to increase brand visibility and attract a wider audience.

Accessibility Features: Ensure accessibility for a diverse user base by incorporating features for visually impaired or differently-abled users, enhancing inclusivity.

In-App Community: Create a community platform within the app where users can discuss investment strategies, share experiences, and learn from each other.

Gamification Elements: Introduce gamification elements such as investment challenges, rewards for achieving financial goals, or virtual portfolios to make the app more interactive and engaging.

Feedback Mechanism: Implement a robust feedback system to gather user suggestions and insights, enabling continuous improvement based on user needs and preferences.

Thought Leadership: Establish Wahed Invest as a thought leader in ethical investing through webinars, whitepapers, and industry events to build credibility and attract a discerning investor base.

Suggestions for other businesses to replicate Wahed Invest success

Ethical Focus: Embrace an ethical and socially responsible approach to business, offering products or services that align with the values and preferences of socially conscious consumers.

User-Centric Design: Prioritize user experience by developing intuitive and user-friendly interfaces for digital platforms, ensuring seamless navigation and engagement.

Diverse Investment Options: Offer a diverse range of investment opportunities, including global stocks, market stocks, sukuk, and real estate, catering to the varied preferences of investors.

Educational Resources: Provide educational resources and content to empower customers with knowledge about ethical investing, financial literacy, and industry insights.

Transparent Communication: Foster trust and transparency by providing clear and comprehensive reporting on investment performance, transactions, and portfolio management.

Security Measures: Implement robust security features to safeguard customer data, transactions, and privacy, instilling confidence and trust in the brand.

Customer Support: Offer responsive and accessible customer support services to address inquiries, provide guidance, and resolve issues promptly.

Mobile Accessibility: Ensure mobile accessibility by offering a seamless and feature-rich mobile app to cater to the increasing demand for on-the-go financial services.

Community Engagement: Foster a sense of community among customers through forums, social media engagement, and user-generated content, creating a loyal and engaged customer base.

Thought Leadership: Establish thought leadership in the ethical investment space through content marketing, industry partnerships, and participation in relevant events and discussions.

Improve your mobile app's ARPU through Vendo, empowering users to discover premium products from local brands and boost revenue.

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  • Onboard Brands: Invite your favorite brands or choose brands from the Vendo brand catalog. We can also start reaching out to brands you’d like to sell on your behalf.
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  • Embed products: Make your editorial content shoppable with products embedded right where your customers expect them to find. Simplify and streamline product discovery.
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  • Get Paid: Get paid as soon as products are shipped by the brands. No need to wait 30-60 days or worry about orders not attributable to your affiliate links.
  • Get Repeat Sales: Since you’re not linking out, your customers will keep coming back. We’ll help them with abandoned cart emails and promotional email blasts. 

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