Wahed Technologies renews pledge on ESG, moves Malaysia HQ to Bluedome Mines

Kuala Lumpur: Wahed Technologies Sdn Bhd (Wahed) is renewing its pledge to embrace Environmental, Social and Governance (ESG) business practices and commits to building a sustainable future.

This is in continuation of Wahed’s commitment in this effort, after the launching of the Nasdaq’s first Shariah-compliant and ESG-aware ETF, the Wahed Dow Jones Islamic World ETF.

Junaid Wahedna, CEO & Founder of Wahed Invest Inc. said embracing ESG practices is not only the right thing to do for the environment and society.

"It is also crucial for the long-term sustainability and success of our business. It is also very consistent and in line with Shariah principle, of which Wahed was built upon. We are committed to building a sustainable future and creating value for all our stakeholders," said Junaid.

By embracing these practices, Wahed aims to reduce its environmental footprint, promote social responsibility, and enhance corporate governance.

The company believed that its commitment to ESG practices will not only benefit the planet and society but also contribute to its long-term financial performance.

Concurrently, Wahed is also announcing that it is launching its Malaysian Headquarters at Bluedome Mines, an office complex which will allow for further expansion as the company grows its footprint in the region and doing so sustainably.

Bluedome Mines is an established entrepreneur hub that fits well with Wahed’s ideals and will be a focal point for the company’s on-going efforts to expand its regional reach.

Juliana Abu Bakar, Country Head of Wahed Malaysia noted that Wahed is excited to further their role in this space.

"This includes introducing products and services that support this agenda. Moving our headquarters to a sustainable-working environment such as Bluedome Mines ensures that our goals are consistent in every aspect of the business,” added Juliana.

Wahed Malaysia’s HQ at Bluedome Mines enables them to offer great collaborative spaces for events and future projects that we have planned. Bluedome Mines’ Entrepreneurship Centre enables partners to work with like-minded community builders, entrepreneurs and organisations to build value collectively.

Datuk Shahriman Shamsuddin, Managing Director for Sapura Resources Berhad said that Sapura’s Bluedome Mines is a Shariah focused Entrepreneurship Centre that places sustainability as the core proposition for our partners.

"These shared core-values enable us to foster a collaborative partnership with each other, and jointly tap the wide SME and Mass Market segment to allow them to meet our partner’s sustainability objectives." he added.