Cocoa Invest

Cocoa Invest

Cocoa Invest

Founded in: 
2015
Headquarters: 
Manama, Al Manamah, Bahrain
Minimum Deposit: 
USD 100
Fees: 
0.29% to 0.99% (per year)
Instruments used: 
ETFs and Mutual Funds
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Details

Cocoa Invest is a Robo-Advisor with a focus on Halal and sustainable investing. The goal is to allow savers from all income brackets to be able to cleanly and easily invest in an ethical and Islamic-compliant diversified portfolio.

Cocoa only invests in 100% Shariah compliant investments including stocks, sukuks (Islamic bonds), gold and real estate. It excludes certain industries such as alcohol, tobacco, gambling, prohibited foodstuffs, adult entertainment and weapons amongst others. Also, profiting off debt is not allowed meaning that products such as bonds cannot be used within a halal portfolio.

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