RIYADH, SAUDI ARABIA – Awaed Alosool Capital announces the launch of the Awaed platform, revolutionizing investment opportunities in public listed companies.
Awaed Alosool unveils an innovative platform dedicated to empowering individuals in Saudi Arabia with seamless access to Sharia compliant investment in various financial instruments, including investment funds and stock markets.
Awaed Alosool’s platform provides an intuitive interface, offering individuals the means to engage in the market irrespective of their geographical location or financial background, a press release said.
The platform’s transparency, convenience and user-friendly design create a gateway for diverse investors to participate in the global financial landscape effortlessly.
Adel Alteeq, CEO of Awaed Alosool Capital, expressed enthusiasm about the platform’s launch, stating, “Awaed stands as a testament to our dedication to democratizing investment opportunities.”
He said, “Our platform serves as a bridge, empowering individuals to engage in the growth potential of public listed companies.”
Awaed Alosool’s investment structure is meticulously crafted, ensuring Sharia compliance to its brokerage service product, policies and procedures, and investment structure document, ensuring a robust and reliable Sharia compliance system for investors.
Adel said, “We partnered with Shariyah Review Bureau (SRB) to ensure ongoing sharia compliance as we focus on the investment side of the business.”
SRB is a Sharia advisory firm with a strong regional presence. It offers a comprehensive suite of Sharia advisory solutions.
These encompass the entire spectrum from establishing Sharia Boards to providing product consulting, Sharia review implementation and audit planning, the release added.
Yasser S. Dahlawi, CEO of Shariyah Review Bureau, said, “The introduction of Awaed Alosool’s platform marks a significant step toward making investment opportunities more accessible and transparent for diverse communities worldwide.”
He said, “It aligns with our shared vision of empowering individuals with Sharia-compliant investment avenues.”
