Safqah Capital Launches Zakat Service in Collaboration With Ehsan Platform

Safqah Capital announced the launch of an innovative new service for Zakat payment through its digital app, in collaboration with the Ehsan National Philanthropy Platform. This initiative is part of Safqah’s commitment to providing simple and accessible solutions for investors, ensuring that Zakat is calculated and paid accurately and on time.

The new service allows users to automatically calculate Zakat via the app, with the Zakat amount determined based on the investment returns earned by users. The app also provides periodic notifications for Zakat due dates, ensuring timely compliance, reflecting Safqah’s dedication to enabling users to fulfill their religious obligations with ease and convenience.

Additionally, the service enables users to pay their Zakat directly through Ehsan, a trusted national charitable platform approved by official authorities in the Kingdom. This partnership delivers a streamlined and efficient method for paying Zakat, ensuring that it reaches those in need in a transparent and effective manner.

Safqah Capital emphasized its full commitment to adhering to the requirements of its Shariah Committee, led by Sheikh Dr. Youssef Al-Shubaili, to ensure the service complies with Islamic principles. Zakat amounts are calculated with high precision to align with Shariah guidelines, offering peace of mind to investors when fulfilling this significant religious duty.

This initiative demonstrates Safqah Capital’s dedication to enhancing social responsibility and facilitating acts of worship for individuals, in alignment with Vision 2030, which focuses on promoting philanthropy and technological advancement. The new service also highlights Safqah Capital’s commitment to providing innovative technological solutions that serve the community and support national goals.