Options partners with Wahed to offer ethical SIPP

Options ‘for your tomorrow’ has announced a partnership with Wahed to expand its offering to ethical investors. 
Wahed’s ethical investments portfolios are now available within Options’ Simple SIPP which includes the option of a Sharia SIPP. 
Christine Hallett, Managing Director and Group Business Development Director at Options ‘for your tomorrow’, commented: “We’re delighted to partner with Wahed who are leaders in this investment sector. It allows us to enhance our Simple SIPP to appeal to the rapidly growing number of consumers who are looking for ESG and halal compliant products. 2021 was a record year for ESG-focused funds globally with US$649billion invested up to the end of November 2021, compared to US$542billion in 2020 and US$285billion in 2019. We’re very confident similar rates of growth will continue in the UK market.”
Wahed is a financial investment company that aims to advance financial inclusion through accessible, affordable, and values-based investing. It has over 250,000 customers in the UK, US, Malaysia, and beyond, and has made significant in-roads in the world of ethical and halal investing by creating an easy-to-use digital platform with free portfolio recommendations.
Umer Suleman, UK General Manager for Wahed commented: “We’re thrilled to be working with Options UK and to give them the opportunity to provide ESG and halal compliant products to consumers. At Wahed we are focused on supporting a fast growing population that is looking for a simplified way to make investments that reflect their moral values. Our partnership with Options UK gives us access to reach a broader customer base that feel the same way we do, making it easier for us to connect and simplify access to our ethical products.”