SEDCO Capital and Wahed have announced a strategic partnership to launch a publicly offered, Shariah-compliant real estate investment suite focused on Makkah and Madinah. The initiative is intended to give eligible investors diversified exposure to professionally sourced and managed real estate serving residents, pilgrims, businesses and visitors across the Two Holy Cities.
Key Overview
- SEDCO Capital manages more than SAR 50 billion in assets under management, while Wahed has more than $2 billion in assets under management.
- The partnership will focus on Makkah and Madinah real estate.
- Eligible investors will include Wahed’s 500,000 global investor base.
- The suite is intended to provide diversified exposure without requiring investors to source and manage individual properties.
- Saudi Arabia’s Vision 2030 Pilgrim Experience Program aims to enable 30 million Umrah pilgrims annually by 2030.
- The initiative supports broader Vision 2030 objectives around international investment, private-sector participation, capital markets, real estate and tourism.
SEDCO Capital and Wahed Announce Real Estate Investment Partnership
SEDCO Capital, a global, Shariah-compliant and ESG-led asset management and investment advisory firm, and Wahed Inc, a New York headquartered global Islamic financial technology company, have announced a strategic partnership to launch a publicly offered, Shariah-compliant real estate investment suite focused on Makkah and Madinah.
SEDCO Capital has more than SAR 50 billion in assets under management, while Wahed has north of $2 billion in assets under management today.
The investment suite is intended to give eligible investors, including Wahed’s 500,000 global investor base, diversified exposure to professionally sourced and managed real estate serving residents, pilgrims, businesses and visitors across the Two Holy Cities.
The partnership brings together SEDCO Capital’s local investment and asset-management capabilities with Wahed’s experience as a category leader in making professionally managed investments easier for investors to access.
Focus on Makkah and Madinah Real Estate
Alt text: Infographic highlighting Makkah and Madinah real estate opportunities, Shariah-compliant access and Vision 2030 growth.
Makkah and Madinah sit at the center of what the companies describe as one of the world’s most enduring demand stories.
Saudi Arabia’s Vision 2030 Pilgrim Experience Program aims to enable 30 million Umrah pilgrims annually by 2030, alongside a wider program of investment intended to improve the experience of pilgrims and visitors.
Meeting that ambition requires continued development across accommodation, hospitality, retail, residential property and the infrastructure that supports both cities.
The planned investment suite is intended to provide a Shariah-compliant route into this long-term growth story, while directing private capital toward real assets that can help meet the needs of residents, pilgrims and visitors.
The partnership also aligns with Vision 2030’s broader economic diversification goals, including attracting international investment, increasing private-sector participation, deepening Saudi capital markets and supporting the growth of real estate and tourism sectors in Saudi Arabia.
Expanding Access for Overseas Investors
For overseas individual investors, direct access to real estate in Makkah and Madinah has often been limited by high entry values, local-market boundaries and a scarcity of professionally managed products built for investor participation.
The new initiative is intended to narrow that gap by giving eligible investors exposure to a professionally selected portfolio without requiring them to source and manage an individual property.
The concept responds to demand Wahed says it has seen from clients across international markets seeking credible, Shariah-compliant access to Saudi real assets, particularly in Makkah and Madinah.
The partnership also builds on the successful launch of Wahed’s U.S. private real estate fund, which was designed to give accredited and non-accredited investors pooled exposure to professionally managed U.S.-based residential real estate from a $100 minimum.
Context is everything. Stay ahead of shifting trends with today’s market updates, and uncover emerging opportunities using the Serrari Group Market Index and Marketplace. Then, take control of your own financial future by exploring our Money & Life Reset Transformation Blueprint ™ to build stronger habits, create better systems, and design a path toward lasting wealth.
SEDCO Capital Brings Local Real Estate Expertise
Abdulwahhab Abed, Chief Executive Officer of SEDCO Capital, said the partnership would connect the firm’s local expertise with a broader investor audience.
“Makkah and Madinah are at the heart of the Kingdom’s most important transformations. The investment taking place is about meeting the needs of growing numbers global demand while creating lasting economic opportunity. SEDCO Capital brings deep local real estate capability and a long history of managing capital in the Kingdom. By partnering with Wahed, we intend to connect that expertise with a much broader investor audience and channel long-term international capital into opportunities that support Vision 2030.”
The partnership therefore combines SEDCO Capital’s investment and asset-management capabilities with Wahed’s digital distribution and investor-access platform.
Wahed Targets Broader Investor Participation
Mohsin Siddiqui, Chief Executive Officer of Wahed, said demand from clients for access to Makkah and Madinah had been a recurring question.
“Over the years, one question has come up again and again from Wahed clients around the world: how can I invest in Makkah and Madinah? For most people, there has never been a straightforward answer. This partnership is designed to change that. SEDCO Capital brings the local depth and real estate expertise; Wahed brings the distribution network, digital platform and experience of making professionally managed real estate easier to access. Together, we want to give everyday investors a credible, Shariah-compliant way to participate in the long-term growth of cities that mean so much to them.”
The proposed suite is consequently positioned around pooled, professionally managed exposure rather than individual property ownership and management.
Outlook
The SEDCO Capital-Wahed partnership is intended to create a Shariah-compliant investment route into real estate opportunities in Makkah and Madinah for eligible investors. By combining SEDCO Capital’s local real estate capabilities with Wahed’s global investor base and digital platform, the initiative aims to direct private capital toward real assets supporting residents, pilgrims, businesses and visitors while aligning with Saudi Arabia’s Vision 2030 objectives.
FAQs
1. What are SEDCO Capital and Wahed launching?
They are partnering to launch a publicly offered, Shariah-compliant real estate investment suite focused on Makkah and Madinah.
2. Who will be able to invest?
The suite is intended for eligible investors, including Wahed’s 500,000 global investor base.
3. What type of real estate will the investment suite target?
It will provide diversified exposure to professionally sourced and managed real estate serving residents, pilgrims, businesses and visitors across Makkah and Madinah.
4. How does the initiative support Saudi Arabia’s Vision 2030?
It is intended to attract international investment, increase private-sector participation, deepen Saudi capital markets and support the growth of real estate and tourism sectors while helping meet the needs associated with growing numbers of pilgrims and visitors.
Your financial future isn’t something you wait for—it’s something you build.
The real question is: when do you begin?
Move beyond simply staying informed.
Navigate the markets with clarity—track trends through the Serrari Group Market Index, uncover opportunities in the Serrari Marketplace, and build practical knowledge with our Curated Wealth Builder Platform.
Stay connected to what truly matters.
Get daily insights on macro trends and financial movements across Kenya, Africa, and global markets—delivered through the Serrari Newsletter.
Growth opens doors.
Advance your career through professional programs including ACCA, HESI A2, ATI TEAS 7 , HESI EXIT , NCLEX – RN and NCLEX – PN, Financial Literacy!🌟—designed to move you forward with confidence.
See where money is flowing—clearly and in real time.
Track Money Market Funds, Treasury Bills, Treasury Bonds, Green Bonds, and Fixed Deposits, alongside global and African indexes, key economic indicators, and the evolving Crypto and stablecoin landscape—all within Serrari’s Market Index.
