Wahed and SEDCO Capital Partner to Democratize Makkah and Madinah…

Event summary

Wahed and SEDCO Capital announced a strategic partnership on September 7, 2026, to launch a Shariah-compliant real estate investment suite focused on Makkah and Madinah.
The partnership aims to provide diversified exposure to professionally managed real estate serving residents, pilgrims, businesses, and visitors in the Two Holy Cities.
SEDCO Capital brings SAR 50 billion in assets under management and local real estate expertise, while Wahed contributes a global investor base of 500,000 and digital investment capabilities.
The initiative aligns with Saudi Arabia's Vision 2030, aiming to attract international investment and support the growth of real estate and tourism sectors.

The big picture

This partnership addresses a long-standing gap in access to Makkah and Madinah real estate for overseas investors, historically limited by high entry values and local-market boundaries. By combining SEDCO Capital's local expertise with Wahed's global reach, the initiative aims to channel private capital into real assets that support Vision 2030's broader economic diversification goals. The move reflects a growing trend of fintech firms partnering with regional experts to unlock new investment opportunities in emerging markets.

What we're watching

Market Access: How Wahed's digital platform will expand access to Makkah and Madinah real estate for international investors.
Regulatory Alignment: Whether the partnership can sustain compliance with Shariah principles while meeting Vision 2030's economic goals.
Execution Risk: The pace at which the partnership can scale its real estate portfolio to meet growing demand from pilgrims and visitors.