Abdulaziz Alsayyari, Founder of Sukuk Capital, reveals that the company plans to launch a finance program for real estate developers in 2023, Invest-Gate reports.

The company also plans to launch an application to attract investors, Alsayyari notes.

He adds that the investment application seeks to attract investors to buy debt sukuk of values starting from SAR 1,000 with a yield between 12% and 18%.

Since its establishment in May 2021, Sukuk Capital provides over SAR 1 bn in financing to more than 75 companies in Saudi Arabia, Alsayyari reveals.