Wahed and Qatar's Endowments Authority to Develop AI Shariah Equity Platform
Wahed has signed a Memorandum of Understanding with the General Directorate of Endowments (Qatar) to develop an artificial intelligence platform for Shariah equity analysis and screening, announced in a press release. The collaboration aims to enhance the analysis of equities listed on the Qatar Stock Exchange for Shariah compliance.
The platform will use AI for equity screening, natural language processing, financial ratio analysis, and will include a bilingual Arabic-English interface. Planned features include dividend screening, historical compliance tracking, risk-based analysis, and an AI-assisted Shariah screening chatbot.
According to the release, the system is intended to improve speed, consistency, and scalability in investment analysis for the endowment sector. It supports the Ministry of Awqaf and Islamic Affairs' Strategic Plan 2025 to 2030, which emphasizes artificial intelligence, digital transformation, and institutional innovation.
The project combines Wahed's expertise in Islamic fintech and asset management with the Directorate's experience in Shariah oversight. Once completed, it will serve as a model for other endowment and financial institutions integrating AI into Shariah-compliant investment processes.
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