Sukuk Platforms
Sukuk platforms are crowdfunding platforms, where small amounts of money are collected from many investors to fund a specific project or company. In return, investors share profits during the issuance period, and upon the maturity date, they receive the capital invested.
The Capital Market Authority oversees Sukuk financing platforms through the issuance of debt instruments and investment in them.
What products can be funded through Sukuk?
- Working capital financing
- Asset purchase financing
- Project financing
- Real estate project financing
The market is continuously evolving to accommodate new products quickly.
How do platforms and investors benefit from the Sukuk business model?
- For platforms: they earn profits by charging fees either from the borrower for collecting funds or from investors for investment agency fees.
- For investors: investing in Sukuk through these platforms is considered a Sharia-compliant and attractive investment option, due to the high returns and the possibility to participate with small amounts, often starting from 1,000 SAR.
However, it is important to note that Sukuk investment is a high-risk product, so investors should carefully assess the risks before making a decision.
At Takween Tech, our goal is to offer assistance and advice starting from identifying the best product for your business model, and we accompany you throughout the licensing and development journey until your product is operational, with specially tailored service packages.