The former UFC lightweight champion took to Instagram to announce the new partnership.
Khabib Nurmagomedov’s teammates Umar Nurmagomedov, Islam Makhachev and Zubaira Tukhugov have also come aboard as global brand ambassadors for Wahed Inc.
What is Wahed Inc., the new FinTech company Khabib Nurmagomedov has teamed up with?
Wahed Inc. was founded by entrepreneur Junaid Wahedna in 2017 in New York. The idea for the company came up in 2015 when Wahedna found out that his cab driver was seeking financial advice from an imam instead of a qualified financial consultant.
The company was founded with the goal of providing ethical investment opportunities that align with Shari’ah Islamic laws.
The company has an ethical review board in place to monitor the investments and make sure they align with Islamic values. In short, the board ensures that investment companies do not deal with liquor, firearms, gambling, tobacco or fraud.
As for their partnership with Khabib Nurmagomedov, Umar Nurmagomedov, Islam Makhachev and Zubaira Tukhugov, Wahed Inc. said that they are taking the help of these elite fighters to spread financial literacy to underprivileged communities.
The company will be giving away signed Team Khabib Nurmagomedov merchandise to those who sign up for newsletters.
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