We established Safqah Financial Company in February 2023, the first company to provide financing and investment tools in the real estate development sector, with a license from the Capital Market Authority No. (2023-5-3) and all investment operations are Sharia compliant and approved by the Islamic Sharia Authority.
Why the Real Estate Development Sector?
We chose this sector in line with Vision 2030 which aims for 70% of the population to own their homes. We also found a need for real estate developers to have solutions that help them achieve their goals effectively and efficiently, and contribute to their growth and success which impacts the sector by increasing opportunities, progress and increasing the number of housing units to achieve the goals.
Why Safqah Platform?
We developed a trusted, accredited digital platform to enable financing of real estate development projects through collective financing through sukuk, to efficiently and effectively achieve the goals of individual investors and real estate developers.
Real Estate Development Deals
We study each deal before listing it on the platform for lower risks and clear knowledge, in addition to diversifying investment deals from land purchasing to develop commercial or residential projects on them, and developing real estate projects of all kinds, in addition to financing Wafi program projects.
