ShariaPortfolio Group Surpasses $3 Billion in Assets Under Management
The ShariaPortfolio Group of Companies has achieved a significant financial milestone, with its assets under management exceeding $3 billion as of December 4, 2025. This represents a substantial increase from the $2 billion mark reached in May of the same year, highlighting accelerating investor interest in Sharia-compliant and ethical investment products across North America.
A Landmark Achievement for Ethical Wealth Management
This growth underscores the expanding market for faith-aligned investment strategies that adhere to Islamic principles while maintaining competitive financial performance. The company's success is particularly notable given the relatively niche nature of Sharia-compliant investing in Western financial markets.
"This milestone reflects sustained inflows into faith-aligned investment strategies," said Naushad Virji, founder of ShariaPortfolio. "We continue to see demand from investors seeking Sharia-compliant exposure without sacrificing diversification, transparency, or long-term performance."
Diversified Platform Driving Growth
Founded by Naushad Virji, ShariaPortfolio operates a comprehensive financial platform that includes:
- Private wealth management services
- Institutional advisory services
- The SP Funds ETF lineup
The group attributes its growth to several key factors, including increased adoption of SP Funds ETFs, which provide investors with low-cost, rules-based access to halal equities and income strategies. The continued expansion of its wealth management and advisory businesses has also contributed significantly to reaching this financial milestone.
Regulatory Framework and Market Presence
ShariaPortfolio applies proprietary Sharia screening alongside institutional portfolio construction and risk management frameworks. The company maintains regulatory compliance through multiple entities:
- ShariaPortfolio Inc. is registered as an investment advisor with the United States Securities & Exchange Commission
- ShariaPortfolio Canada Inc. operates as a Canadian Portfolio Manager and Exempt Market Dealer registered in Ontario, British Columbia, Alberta, and Quebec
With over 15 years of operating history, the corporate group serves both individual and institutional clients across North America and international markets. The firm's diversified approach allows it to cater to various investor needs while maintaining strict adherence to Sharia principles.
Future Expansion Plans
Looking ahead, ShariaPortfolio plans to expand its product offerings with additional ETF and financing solutions. This strategic move responds to the rising demand for ethical and value-based investing options that align with investors' religious and moral values.
The company's recent achievement of ringing The Opening Bell at the New York Stock Exchange for the second time on December 22, 2023, further solidifies its position as a leader in the halal and ethical wealth management sector in North America.
As ethical investing continues to gain traction among mainstream investors, ShariaPortfolio's milestone of surpassing $3 billion in assets under management signals both the growing acceptance of faith-based investment strategies and the company's successful execution of its business model in competitive financial markets.
