Our Standards

Commitment to Islamic Shariah Principles

Compliance with Islamic Shariah principles is a fundamental part of our approach and operations. We take Shariah requirements into consideration throughout the development of our products, the delivery of our services, and our related business practices.

We reinforce this commitment by engaging accredited Shariah advisors and specialized entities, supporting the integrity of our practices and the continued application of approved Shariah standards.

Shariah Compliance
Vision & Mission

Our Vision & Mission

Our journey towards digital excellence

Our Vision

To lead in Sharia-compliant digital finance by empowering individuals and SMEs through smart, fast, and ethical platforms

Our Mission

To deliver inclusive, innovative, and Sharia-compliant financial solutions that empower customers and support the Kingdom's sustainable economic growth

Board Members

Top Management — Al-Shaghaf Al-Raqmi

Saad Binzafrah
Chairman / Co-Founder

Saad Binzafrah

An esteemed Chairman with over 20 years of leadership, including two years at Saudi Telecom. Demonstrated expertise in infrastructure development, executing major projects, and leading transformative initiatives.

His knowledge spans the plastic industry, project management, international operations, and program development.

Renowned for strong administrative skills, he has led complex, large-scale projects and pioneered innovative strategies—establishing himself as a visionary leader across local and global markets.

Raed Al Sayeh
CEO / Co-Founder

Raed Al Sayeh

A seasoned executive with over 28 years in finance, banking, and fintech—specializing in back-office operations, non-banking financial services, and UX-driven digital solutions.

Led major digital transformation initiatives, improved regulatory compliance, and introduced innovations that enhanced user experience and efficiency.

Built strategic fintech platforms and alternative lending solutions focused on financial inclusion and scalability, mentoring startups and supporting an ecosystem aligned with Saudi Vision 2030.

Al-Shghaf Al-Raqmi

Our Team

Advisory Board

Ahmed Al Humaid
AHMED
AL HUMAID
15 years in finance, technology and insurance, former CFO.
Abdulaziz S. Bashatah
ABDULAZIZ
S. BASHATAH
15 years in finance, entrepreneurship, and non-banking executive roles.
Faisal Abu Khalaf
FAISAL
ABU KHALAF
25+ years of legal advisory experience, former Legal Researcher at the Banking Dispute Committee (SAMA).
Our advisory board brings deep expertise in financial services, regulatory frameworks, and technology scale-up