Ajyad Capital and Velexa launch a Shari’ah compliant investing app for GCC markets, blending AI wealth management with Islamic finance innovation.
I’m Aadi, an MBA in marketing and finance who tracks fintech and startup deals across MENA and Asia. My focus is how founders and investors can spot growth plays in Islamic finance and WealthTech.
Could the next big fintech wave in the Gulf come from Shari’ah compliant investing apps? A new partnership between Ajyad Capital and Velexa hints at exactly that.
If you’re an entrepreneur, fund raiser, or executive curious about Islamic finance technology, this alliance shows how a smart merger of capital and tech can open an under-served market worth billions.
- Ajyad Capital and Velexa created a Shari’ah compliant digital brokerage for Bahrain, UAE, Saudi Arabia, Kuwait, Oman, and Qatar.
- The app combines Velexa’s WealthTech stack with Ajyad’s GCC network to give investors access to global and regional markets.
- AI-driven tools allow users to personalise portfolios while staying inside Shari’ah rules.
- Ratings Intelligence adds real-time Islamic screening for every trade.
- The model keeps wealth inside the region instead of flowing to offshore hubs.
Ajyad Capital, a Bahrain investment house, has joined hands with London-based Velexa to create a Shari’ah compliant trading and investing platform aimed at GCC investors. The product promises comprehensive access to regional exchanges and global equities while meeting strict Islamic finance standards.
Tamara Kostova, Velexa’s CEO, says the move tackles a long-standing issue: high-net-worth Gulf investors often park assets abroad because local tools are scarce. Suhail Hajee, Ajyad Capital’s chief, calls the platform a growth engine for young investors keen on digital solutions that respect Shari’ah.
The tech layer matters. Velexa’s WealthTech engine supports AI-driven portfolio building and custom alerts, while Ajyad brings its market relationships and brokerage licenses. Ratings Intelligence, a UK advisory firm, will ensure continuous compliance checks on every listed product.
Analysts believe the demand for Islamic wealth management in the Gulf could top 1 trillion dollars over the next decade. Platforms like this give early movers an edge, especially as regulators encourage digital brokerage and open banking in the region. Similar plays, such as Saudi’s Tadawul Group backing fintech accelerators, show there’s room for well-built apps to capture sticky assets locally ([IBS Intelligence report](https://ibsintelligence.com/ibsi-news/velexa-ajyad-capital-launch-shariah-compliant-investing-app-in-gcc/)).
For startup founders, this is a case study in how to blend licensing strength, cultural insight, and scalable tech to reach a specialised audience. For investors, Ajyad Capital Velexa partnership signals that Islamic finance digital platforms are heating up, and that AI-driven Shari’ah investing tools could soon rival mainstream brokers in UX and liquidity.
Would you try an app that lets you trade US tech stocks and GCC blue chips while screening every order for compliance? That mix might soon be table stakes across Islamic wealth management in the Gulf.
5 to Do’s and Don’ts for your business journey:
- Do watch how Islamic finance technology partnerships grow in GCC markets.
- Do evaluate Shari’ah compliant investing apps as a channel for cross-border clients.
- Do study licensing needs before building a digital brokerage in the region.
- Don’t underestimate cultural trust factors when pitching fintech in Islamic markets.
- Don’t ignore AI-driven personalization. investors now expect it even in niche platforms.
Ajyad Capital and Velexa launch a Shari’ah compliant investing app for GCC markets, blending AI wealth management with Islamic finance innovation.https://t.co/790vo8giVC #funding #startup #startupstory #StartupNext #founder #Entrepreneurship
— Fintech News and Business Insights (@learnwebstories) September 11, 2025