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ShariaPortfolio
ShariaPortfolio is a boutique firm that provides Sharia-compliant investment and wealth management services. We are dedicated to providing professionally...
ShariaPortfolio
ShariaPortfolio is a boutique firm that provides Sharia-compliant investment and wealth management services. We are dedicated to providing professionally managed Halal investment solutions that help Muslims achieve their financial goals while remaining true to their personal values.
General information
Firm type
Multi Family Office
Year founded
2003
Location
Region
North America
Country
United States
City
Lake Mary
Corporate office
1331 South International Pkwy Suite #2291, Lake Mary, FL 32746, United States
Principals
Naushad Virji
Founder, Chairman of the Board, Portfolio Manager
Aliredha Walji
CEO
Glenn Vitale
CFO
Sector focus
Frequently asked questions
Who runs investment decisions at ShariaPortfolio?
Naushad Virji, founder and chairman, serves as a portfolio manager (per the firm website). CEO Aliredha Walji oversees US operations and compliance. The firm lists a team of investment advisor representatives, including Habib Anwar, Shafaq Kazi, Ishaq Mohiuddin, Allan Paull, and Rezwana Abed, who manage client portfolios.
Does ShariaPortfolio manage fund commitments or only direct client portfolios?
ShariaPortfolio primarily manages client accounts directly through separately managed accounts, a robo-advisor, and 401(k) plans. The firm also offers institutional services for other advisors. It does not appear to manage pooled investment funds or commit third-party capital to external funds. The firm's affiliated entity, SP Funds Management, runs the SP Funds line of Sharia-compliant ETFs.
What does ShariaPortfolio screen for when selecting halal investments?
The firm applies a two-part screen: first, it excludes asset classes such as preferred shares and interest-paying securities. Second, it excludes companies deriving more than five percent of income from alcohol, gambling, weapons, tobacco, adult entertainment, pork products, highly leveraged businesses, interest-based businesses, music, cinema, or broadcasting (per the firm website).
Is ShariaPortfolio a single-family office?
No. ShariaPortfolio is a registered investment advisor (RIA) serving multiple clients, including individuals and institutions. It functions as a multi-client wealth manager specializing in Sharia-compliant strategies, not a single-family office.
Where does the underlying wealth at ShariaPortfolio come from?
The firm's website does not disclose the origin of its clients' wealth. ShariaPortfolio serves a broad client base, primarily within the Muslim community, who seek halal investment solutions.
Does ShariaPortfolio have related philanthropic structures?
The firm's website does not mention any affiliated philanthropic foundation. The firm's services include Zakat calculation for clients as part of its wealth management offering.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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