Wahed Invest Becomes First Islamic Company to Ring Opening Bell For a Major Stock Exchange

The ‘opening bell’ is rung at trading floors at stock exchanges to signify the opening of the day’s trading session. It is a tradition carried out by stock exchanges around the world.

Companies trading for the first day or other dignitaries visiting the stock markets are invited to take part in the bell ringing ceremonies each day.

Last week, Wahed Invest who are shariah-compliant halal investment platform became the first Islamic company to ring the bell for a major stock exchange as they opened the day’s trading at the Nasdaq Stock Market which is the second-largest stock exchange in the world by market capitalization.