Riyadh - Exclusive Sharikat Mubasher: Safqah Capital, the first financing company to use debt instruments in the real estate development sector, offers high-yield investment opportunities to help increase the national gross domestic product (GDP), according to Investor Relations Specialist, Abdullah Alsahli.

Speaking to Sharikat Mubasher on the sidelines of the Money 20/20 Middle East, Alsahli revealed that the company provides investment opportunities with annual profit rates ranging from 12% to 16% and a 0% default rate.

He affirmed that the Shariah Committee at Safqah Capital, headed by Yousef Alshobaily, is committed to offering transparent and compliant investment opportunities.

Alsahli further highlighted that the fintech sector is experiencing significant growth, driven by Vision 2030, the Financial Sector Development Program (FSDP), and initiatives launched by Fintech Saudi and other relevant entities, all aiming to increase the contribution of fintech to the national GDP.

Moreover, he emphasized the pivotal role of the fintech sector in advancing the Sukuk and debt instruments market.

The Money 20/20 Middle East conference takes place in Riyadh from 15 to 17 September, gathering over 350 speakers, 450 global brands, and 600 investors from over 40 countries.  

Co-organized by Fintech Saudi and Tahaluf, the conference addresses key topics shaping the future of the financial sector, including artificial intelligence (AI) in financial services, open banking and open finance, instant payments, and data governance and regulations. 

It also features dedicated platforms for investors and startups, such as the Executive Summit, The Majlis, and the Capital Stage, in addition to a special investor networking program.