Board Members and Shariah Committee

Expertise in Real Estate and Fintech

Arat’s Story and Mission

People don’t just join companies, they join visions. And the stronger the vision, the more committed they become. At Arat, our ambitious vision is to provide innovative crowdfunding solutions for real estate developers and connect them with individual and institutional investors across Saudi Arabia.
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We strive to always be part of the solution, learning and evolving quickly with a mission focused on sustainable growth, innovative mechanisms, and a deep commitment to noble values.

Founders and Board Members

Mashari Alomayyer​

Founder and CEO

Mohammed Al Sheikh

Chairman of the Board

Dr. Nasser Al-Mashari

Board Member and Chairman of the Executive Committee

Sulaiman Maher Al-Aujan

Chairman of the Investment and Risk Committee

Sharia Committee

Dr. Youssef Al-Shabili

Chairman of the Committee

Professor of Comparative Jurisprudence at the Higher Institute of Judiciary. Serves as chairman and member of various Shariah boards and committees in financial institutions. Member of the Shariah Board at the Accounting and Auditing Organization for Islamic Financial Institutions.

Abdul-Ilah Al-Kharif

Committee Member

Faculty member at the Higher Institute of Judiciary. Holds a PhD in fintech platform regulations (crowdfunding) in comparison with Islamic Shariah rulings. Specializes in corporate and capital market laws, fintech and Islamic finance, and structuring financial products in accordance with Shariah and Saudi regulations. Serves as a Shariah and legal advisor and arbitrator for several financial institutions.

Nasser Al-Tariri

Committee Member

The office of Lawyer Nasser Abdulwahab Al-Turaire conducts Shariah audits for the platform’s operations through regular reviews of contractual processes to ensure compliance with the standards set by the Shariah Committee.

Frequently Asked Questions

What is Arat?

Arat Finance specializes in financing small and medium-sized real estate developers through crowdfunding sukuk with a value of up to 20 million riyals.

How can I register to invest?

You can register by visiting Arat’s platform at arat.co and clicking on “Register Now” → “Investor” → Filling in the following personal information, email, mobile number, ID/Iqama, date of birth and then setting a password.

Are the financing opportunities offered by Arat Shariah-compliant?

Yes, all financing and investment opportunities on  Arat are in compliance with Shariah principles and supervised by a Shariah Committee led by Sheikh Dr. Yusuf Al-Shubaili.

Is investing through Arat safe?

Investing through Arat involves the typical risks associated with funding small and medium enterprises, including the potential loss of capital or delays in repayments.

What is the expected rate of return?

Between 9.6% and 18%.

When and how are returns distributed?

Returns are distributed based on the terms of the sukuk, either through periodic payouts or at maturity, along with the principal amount.

How do I know if my investment has been accepted?

If you are nominated for an investment opportunity, you will receive an SMS. You must log into your account to review the opportunity details and either accept or decline the nomination.