We worked closely with the Shariah Committee to design and structure our peer-to-peer financing model in full alignment with Murabaha, the widely adopted framework used by banks and Shariah-compliant financial institutions across Saudi Arabia.
All transactions are based on the Murabaha sale of commodities structure, where profit is generated through legitimate trade, ensuring full Shariah compliance and avoiding the conventional system of interest-based lending and borrowing.
Our platform relies on periodic reviews of all products and policies to guarantee ongoing compliance with Shariah principles.
Every review is carried out under the supervision of the Shariah Committee, alongside the auditing and compliance teams.
This product has been formally reviewed and approved by the Shariah Committee, chaired by Sheikh Dr. Salah bin Fahad Al-Shlohub.
Sheikh Dr. Salah bin Fahd Al-Shalhoub
The applicant specifies the desired financing amount.
You can find further details and answers to common questions in the Shariah compliance FAQ section on our Arabic homepage.
