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Wadaie

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Fixed income trading platform offering Sharia-compliant time deposits.

Overview

Wadaie operates as a fixed income trading platform that specializes in Sharia-compliant time deposits in Saudi Arabia. The platform offers investment options that adhere to Islamic financial principles, targeting both individuals and entities. Wadaie provides fixed and expected profit time deposits, allowing customers to invest with a minimum amount and duration, which may enhance accessibility. The platform includes tools for risk assessment and portfolio optimization. Wadaie collaborates with licensed banks regulated by the Saudi Arabian Monetary Authority to facilitate transaction processing, while ensuring compliance with Islamic principles to meet the needs of its target audience.

Key facts

Founded
2022

Business model

Contact

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About Wadaie

What does Wadaie do?

Wadaie operates as a fixed income trading platform that specializes in Sharia-compliant time deposits in Saudi Arabia.

Where is Wadaie headquartered?

Wadaie is headquartered in Riyadh, Saudi Arabia.

When was Wadaie founded?

Wadaie was founded in 2022.

Which sector is Wadaie in?

Wadaie operates in Investment Technology, part of Financial Technology.

Who are Wadaie's competitors?

Companies similar to Wadaie include Bondbazaar, Aspero, and Tap Invest.