Aseel platform has been established to be compatible with the Financial Sector Development Program, which came up within the initiatives of Saudi Vision 2030. Aseel is thus considered to be the first real estate crowd-investing in Saudi Arabia, in which the real estate sector has a proven track record of driving growth and development.
Aseel is a financial technology platform that has been licensed by the Saudi Capital Market Authority’s (CMA) FinTech Lab. It adopts the crowd-investing model in real estate investment, and it seeks to achieve feasible returns by investing in real estate opportunities.
All investment opportunities are presented on the platform, including all information that clarifies the status of the real estate opportunity. After that, the investment is done electronically, whereby the investor has specific ownership in the investment units in the opportunity.