Aghaz Selects DriveWealth to Provide Infrastructure for Values-Based Investing App
Summary
CHATHAM, N.J.--(BUSINESS WIRE)--DriveWealth, LLC, a leading global brokerage infrastructure platform, today announced a partnership with Aghaz Investments, a Seattle-based Robo- advisor that enables Muslim consumers to save for their financial goals by investing in companies that align with the values of Islam. Aghaz customers input their financial goals and receive optimized portfolios that are aligned with their beliefs. Aghaz will also screen companies based on additional Islamic parameters such as the percentage of debt on a firm’s balance sheet. “Aghaz Investments presents consumers with a unique opportunity to reach their financial goals in a way that is personal to them without compromising their values.” While Aghaz is initially targeting U.S.-based Muslim consumers, the company will eventually offer custom-values products for anyone wishing to invest based on their personal values like climate change or equal rights. Aghaz is on a mission to enable customers to invest without compromise and in a manner that aligns with their beliefs.