SAUDEX, the leader in Shariah finance is coming soon, for more details click here

The Saudi Digital Exchange (SAUDEX) will democratise banking, share trading, funding and investment opportunities

The Saudi Digital Exchange (SAUDEX) is based on Islamic law principles that prohibit certain activities. These include:
No interest: Charging or receiving interest is prohibited.
No speculation: Gambling and other forms of speculation are prohibited.
No risky investments: Investments in businesses that are considered unlawful or undesirable are prohibited.
Profit and loss sharing: Parties involved in a transaction share the profits, losses, and risks.
Asset backing: Financial transactions must involve the exchange of tangible assets that have clear value to the owners.
No harmful assets: Transactions backed by assets that are harmful are prohibited.
Risk sharing: All investment stakeholders must take on a proportionate amount of risk.
Sharia finance is also known as Islamic investment finance.
Examples of Sharia finance
Halal equity funds: Equity funds and shares that adhere to Sharia law
Sharia-compliant banking products: Investment accounts, savings accounts, and home financing
Islamic real estate: Investing in real estate through co-ownership or leasing