كفاءة المالية

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Frequently Asked Questions

Sharia Committee

Our partners

Financing

Investment

Download the app

Frequently Asked Questions

Sharia Committee

Our partners

Financing

Investment

Download the app

Investment

With Kafa'a application, you can easily invest in corporate sukuk across various sectors in Saudi Arabia. Sign up and start your investment journey with diverse payment options!

The license

The company has obtained a fintech license from the Capital Market Authority with decision number (8-4096-23) in May 2023, to arrange the issuance of debt instruments to investors, and provides post-issuance services such as custody of debt instruments and guardianship for investors to complete financing, according to the business model submitted to the authority.

The foundation

The company was established on 14/8/2023 in Riyadh with commercial registration number (1010911702).

The Sharia Committee

The Kafaah Financial Company is managed by a team with extensive experience in the financial sector and high skill in the field of financial technology. The management team is keen to make the necessary administrative decisions to achieve the goals and implement the strategy set by the team and approved by the board of directors. The management team also executes the periodic work and phase plans in accordance with the performance indicators and risk criteria approved by the board to ensure that employees work according to the company's objectives and goals in achieving customer satisfaction and enhancing their service.

The Sharia Committee

Dr. Youssef bin Abdullah Al-Shuibily
Chairman of the Sharia Committee
He holds a Master's degree and a PhD in comparative jurisprudence and serves as a university professor at the High Institute of Judiciary at Imam Muhammad bin Saud Islamic University. He is also a member and chair of several Sharia bodies inside and outside the Kingdom of Saudi Arabia, and is considered a member of the Sharia Council of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Dr. Khalid bin Mohammed Al-Siyari
Member of the Sharia Committee
He holds a master's degree and a Ph.D. in comparative jurisprudence from the High Institute of Justice in Riyadh, and he works as a university professor at the Saudi Electronic University. He has previously held several positions in the banking sector and financial companies, where he specialized in Sharia and legal consulting and the development of Islamic products. He also participates as a member of numerous Sharia boards and committees for Islamic financial institutions.

Dr. Youssef bin Abdullah Al-Shuibily
Chairman of the Sharia Committee
He holds a Master's degree and a PhD in comparative jurisprudence and serves as a university professor at the High Institute of Judiciary at Imam Muhammad bin Saud Islamic University. He is also a member and chair of several Sharia bodies inside and outside the Kingdom of Saudi Arabia, and is considered a member of the Sharia Council of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Dr. Khalid bin Mohammed Al-Siyari
Member of the Sharia Committee
He holds a master's degree and a Ph.D. in comparative jurisprudence from the High Institute of Justice in Riyadh, and he works as a university professor at the Saudi Electronic University. He has previously held several positions in the banking sector and financial companies, where he specialized in Sharia and legal consulting and the development of Islamic products. He also participates as a member of numerous Sharia boards and committees for Islamic financial institutions.

Dr. Youssef bin Abdullah Al-Shuibily
Chairman of the Sharia Committee
He holds a Master's degree and a PhD in comparative jurisprudence and serves as a university professor at the High Institute of Judiciary at Imam Muhammad bin Saud Islamic University. He is also a member and chair of several Sharia bodies inside and outside the Kingdom of Saudi Arabia, and is considered a member of the Sharia Council of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Dr. Khalid bin Mohammed Al-Siyari
Member of the Sharia Committee
He holds a master's degree and a Ph.D. in comparative jurisprudence from the High Institute of Justice in Riyadh, and he works as a university professor at the Saudi Electronic University. He has previously held several positions in the banking sector and financial companies, where he specialized in Sharia and legal consulting and the development of Islamic products. He also participates as a member of numerous Sharia boards and committees for Islamic financial institutions.