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 real estate serving residents, pilgrims, businesses, and visitors in the Two Holy Cities.
SEDCO Capital brings SAR 50 billion in AUM and local real estate expertise, while Wahed contributes its 500,000 global investor base and digital investment capabilities.
The initiative aligns with Saudi Arabia's Vision 2030, aiming to attract international investment and support economic diversification.

The big picture

This partnership addresses a long-standing gap in accessible, Shariah-compliant real estate investments in Makkah and Madinah, tapping into the growing demand driven by Saudi Arabia's Vision 2030. By combining SEDCO Capital's local expertise with Wahed's global reach, the initiative aims to channel international capital into real assets that support the region's economic transformation. The move reflects broader trends in Islamic fintech and the increasing integration of faith-based principles with modern investment strategies.

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 navigate Shariah-compliant and ESG regulations across global markets.
Execution Risk: The pace at which the partnership can scale its real estate portfolio to meet Vision 2030's ambitious targets.