Islamic FinTech: Pathways for Growth in Saudi Arabia

As the Kingdom positions itself at the forefront of financial innovation under Vision 2030, Islamic FinTech has become a critical enabler of inclusive, ethical, and technology-driven growth.

This publication goes beyond theory, offering practical insights for entrepreneurs, investors, and institutions seeking to launch or scale Shariah-compliant FinTech ventures in one of the world’s fastest-growing financial markets. By addressing both regulatory frameworks (SAMA and CMA) and the intricacies of Shariah compliance, the white paper equips stakeholders with the tools to navigate complexity, seize opportunities, and align innovation with faith-based principles.

Key highlights 

• How to structure offerings using models like Murabaha, Mudaraba, Ijara
• Understanding AAOIFI standards and Shariah certification processes
• Evaluating business viability while maintaining religious integrity
• Navigating the CMA FinTech Lab and SAMA Sandbox
• Practical advice on fundraising, partnerships, and go-to-market

By Nadim Khan, Lea Hage Chahine, Abdullah Qureshi, and Mustafa Kamal from ZH Partners contributed to this article.