Riyadh - Exclusive Sharikat Mubasher: Sukuk Capital, a leading financing company in Saudi Arabia, plans to provide SAR 3 billion in financing to support the real estate sector in 2025, according to Turki Alshiha, Financial Analyst at Sukuk Capital.
Speaking to Sharikat Mubasher on the sidelines of the Real Estate Future Forum (RFF 2025), Alshiha revealed that the company extended SAR 1.2 billion to foster real estate developers, financing over 2,800 residential units across more than 10 cities in the Kingdom.
He emphasized that Sukuk Capital played a significant role in increasing the homeownership rate in Saudi Arabia.
According to the Minister of Municipalities and Housing Majed Al-Hogail, the homeownership rate in Saudi Arabia surpassed 64% and is expected to reach 70% in the coming years.
The RFF 2025, held in Riyadh from 27 to 29 January, gathers global industry leaders, policymakers, and investors. Featuring over 300 speakers from 85 countries, the event focuses on innovation, sustainability, and investment strategies that are reshaping the global property market, with a particular emphasis on the Middle East.
The event serves as a platform for shaping the future of real estate, offering participants the opportunity to engage in networking, collaboration, and knowledge-sharing to advance innovation, economic diversification, and sustainability in the sector.
