Saudi Arabia’s financial landscape continues to mature with Watheeq Capital securing regulatory approval to launch its new investment product, the Watheeq SAR Murabaha Fund. The Kingdom’s Capital Market Authority (CMA) has confirmed that the fund has successfully met all legal and Shariah-compliant requirements for a public offering.
A New Low-Risk Investment Vehicle
The newly approved product is a Murabaha fund, a type of Shariah-compliant money market fund known for its low-risk profile. This structure provides investors, including institutions and individuals, with a liquid and stable investment option that adheres to Islamic finance principles, offering a crucial alternative to conventional interest-based financial instruments.
Bolstering the Kingdom’s Capital Market
The CMA’s approval is a strategic move aligned with Saudi Arabia’s broader goal of deepening its capital markets and expanding the range of available financial products. By diversifying investment opportunities, the Kingdom aims to attract more capital and enhance market liquidity, which is vital for the entire ecosystem, including the burgeoning startup scene.
This development comes as the demand for Islamic finance products continues to surge. According to the Saudi Central Bank, the value of Shariah-compliant finance contracts in the Kingdom reached SAR 2.71 trillion in the third quarter of 2025, reflecting a significant 13% growth from the previous year.
About Watheeq Capital
Watheeq Capital is a financial institution based in Saudi Arabia specializing in financial arrangements, advisory services, and investment management. The firm is licensed by the Capital Market Authority (CMA) and focuses on providing innovative and Shariah-compliant financial solutions to its clients.
Source: Zawya
