Qatar’s General Directorate of Endowments and Wahed Sign MoU to Develop AI-Powered Shariah Equity Analysis and Screening Platform

The General Directorate of Endowments at Qatar’s Ministry of Awqaf and Islamic Affairs has signed a Memorandum of Understanding (MoU) with Wahed MENA LLC to develop and pilot an artificial intelligence-powered Shariah equity analysis and screening platform for the country’s endowment sector.

According to the announcement, the initiative combines Wahed’s expertise in Islamic fintech and asset management with the General Directorate of Endowments’ experience in Shariah governance and investment oversight. The platform is intended to support the analysis and screening of equities listed on the Qatar Stock Exchange for Shariah compliance.

The project supports the Ministry’s Strategic Plan (2025–2030), which focuses on digital transformation, artificial intelligence, institutional innovation, operational efficiency, and sustainability. It also aligns with Qatar National Vision 2030.

The proposed platform is expected to incorporate AI-driven equity screening, natural language processing (NLP), financial ratio analysis, and a bilingual Arabic-English interface. Planned features include dividend screening, historical Shariah compliance tracking, risk-based analysis, and an AI-assisted Shariah screening support chatbot for internal use.

Mohammed Abdullah Al Harmi, Director of the Investment Department at the General Directorate of Endowments, described the initiative as an important step in advancing endowment operations by combining Shariah principles with technological innovation.

Khalid Al Jassim, Executive Chairman of Wahed MENA, said the partnership reflects a commitment to applying technology in support of Islamic finance and aims to improve the accessibility and scalability of Shariah-compliant investment analysis.

According to the announcement, the platform is intended to support governance, transparency, and investment decision-making within the endowment sector through AI-enabled analytical tools.

SOURCE: Wahed

The collaboration reflects growing interest in applying artificial intelligence to Shariah-compliant investment processes. By focusing on equity screening and investment analysis for endowment institutions, the initiative illustrates how Islamic finance organisations are exploring digital technologies to strengthen governance and support more efficient investment assessment.

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