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Wahed

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  • Vortigern
    Vortigern Posts: 3,302 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    castle96 wrote: »
    Again... HOW are people getting their money out.
    Do you have to click on 'withdraw' (I can't), or do you email them
    Yesterday, I took the option to withdraw. There was a text box where I could have specified a cash amount to withdraw and a tick box to withdraw everything. I ticked that box. Message says it could take ten days to sell my holdings and send the proceeds to my bank account.

    Seems simple enough. Hope it works.
  • castle96
    castle96 Posts: 2,981 Forumite
    Part of the Furniture 1,000 Posts
    Lots in 'transactions', 'withdraw' still greyed out, no text box !
  • castle96 wrote: »
    Lots in 'transactions', 'withdraw' still greyed out, no text box !


    Do you see investments being sold in your transactions?


    I was thinking that possibly you had already set up a withdrawal.



    If not, you will need to contact Wahed as it seems you have a unique problem.
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • castle96
    castle96 Posts: 2,981 Forumite
    Part of the Furniture 1,000 Posts
    7th January 2020
    We bought £2.18 ⓘ
    of Franklin Global Sukuk USD W Dis. this is last transaction. Nothing sold
  • Wildsound
    Wildsound Posts: 365 Forumite
    Fifth Anniversary 100 Posts Photogenic
    It's not uncommon for providers to halt any withdrawals whilst there are pending investment trades going on. Once all deals have concluded, I imagine you should be ok again. If you're in desperate need of the money, then better to contact them direct to see if they can work around it.
  • Rheumatoid
    Rheumatoid Posts: 1,009 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    just logged on to mine and wifes for first time since opening and withdrew full balance on both without issue.
    16 Panel (250W JASolar) 4kWp, facing 170 degrees, 40 degree slope, Solis Inverter. Installed 29/9/2015 - £4700 (Norfolk Solar Together Scheme); 9.6kWh US2000C Pylontech batteries + Solis Inverter installed 12/4/2022 Year target (PVGIS-CMSAF) = 3880kWh - Installer estimate 3452 kWh:Average over 6 years = 4400 :j
  • Aidanmc
    Aidanmc Posts: 1,326 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    castle96 wrote: »
    7th January 2020
    We bought £2.18 ⓘ
    of Franklin Global Sukuk USD W Dis. this is last transaction. Nothing sold


    The withdrawal option is disabled for me also and there is a transaction for the 7th Jan.
    I'm sure after this is completed we can withdraw the balance.
  • Vortigern
    Vortigern Posts: 3,302 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    castle96 wrote: »
    7th January 2020
    We bought £2.18 ⓘ
    of Franklin Global Sukuk USD W Dis. this is last transaction. Nothing sold
    Today is Jan 5th, so it seems that you're waiting for the settlement date of a recent buy transaction.

    If "Dis." means distributing, you will have received a dividend and they have used it to buy £2.18 worth of stock.
  • ChopperST
    ChopperST Posts: 1,257 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I submitted full withdrawal requests with Wahed before Christmas. Logged in yesterday to see if it had been processed. Both had been cancelled without notice to either my wife or myself.

    Resubmitted this morning so will keep a close eye. Are they inundated with withdrawals from MSEr's?
  • Ed-1
    Ed-1 Posts: 3,958 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    ChopperST wrote: »
    I submitted full withdrawal requests with Wahed before Christmas. Logged in yesterday to see if it had been processed. Both had been cancelled without notice to either my wife or myself.

    Resubmitted this morning so will keep a close eye. Are they inundated with withdrawals from MSEr's?

    If you're trying to withdraw less than £100 it seems to cancel it.
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