alinma Digital Fund is pleased to announce a strategic investment in Wadaie Fintech Company, a pioneering Saudi platform that enables individuals and businesses to seamlessly access competitive, Shariah-compliant time and savings deposit products across all licensed banks in the Kingdom.
As the first Saudi platform to aggregate Shariah-compliant time and savings deposits, Wadaie empowers users to invest in fixed-return deposits ranging from one day to 24 months—directly with all banks licensed by the Saudi Central Bank, without the need to open multiple accounts.
Through this investment, alinma Digital Fund reaffirms its commitment to fostering innovation in financial technology, enhancing customer empowerment, and advancing the objectives of Saudi Vision 2030 to further develop the financial sector. This strategic step also supports the growth of the Kingdom’s fintech ecosystem and aligns with alinma’s mission to deliver pioneering, technology-driven financial solutions that provide efficiency, transparency, and a superior banking experience.