Riyadh – Exclusive Sharikat Mubasher: Kafaa Capital, a Saudi platform for sukuk financing and investment, licensed by the Capital Market Authority (CMA) to arrange the offering of debt and Sukuk instruments to investors, and provides post-offering services such as custody of debt instruments and trust services.

Sharikat Mubasher interviewed Abdullah Alaqil, Senior Investment Analyst at Kafaa Capital, and Eman Alarfaj, Business Analysis at Kafaa Capital on the sidelines of the Seamless Saudi Arabia 2024.

Alaqil elaborated on how Kafaa Capital works, as he said that the company finances companies by arranging the offering of Sukuk financial instruments, in order to use the proceeded funding for different purposes such as financing working capital, assets acquisition, and project finance. Thus, the financing can be used for short, medium, or long-term financing.

Alarfaj asserted that Kafaa Capital provides a safe tech environment, hosted by Oracle Cloud of Saudi Arabia. In addition, the company applies the world’s highest cybersecurity standards.

Alarfaj revealed that Kafaa Capital is partnering with data providers such as Elm, ​Saudi Credit Bureau (SIMAH), and Thiqah to be able to access all needed commercial data of fund seekers on their databases.

Seamless Saudi Arabia 2024, a landmark event in the realm of digital commerce, fintech, and retail, was held in Riyadh from 22 to 24 October, gathering industry leaders, decision-makers, small and medium-sized enterprises (SMEs), startups, and government representatives from around the world.