What ARKTECH does

ARKTECH (doing business as "ARK") is a Riyadh-headquartered private company that operates a regulated digital platform enabling individual retail investors in Saudi Arabia to trade leasehold contracts on premium real estate properties. The platform targets Saudi retail investors seeking Shariah-compliant, accessible, and passive real estate investment opportunities, with onboarding completed through Saudi Arabia's Nafath national identity platform. The company holds licenses from VALIE and the General Real Estate Authority (Rega) and operates under the supervision of an independent Shariah Committee.

The core product is the ARK Platform, a self-serve system built around leasehold contracts (structured using Ijara/Musharaka with a Tawarruq financing layer) that lists each contract with images, data, costs, and return percentages. The platform is distributed via web (arktec.sa) and native mobile applications for iOS and Android, integrating identity verification (Nafath), payment acceptance (mada, Mastercard, Visa, PayPal), and a multi-step compliance flow covering registration, data verification, contract analysis by Compliance and Risk Management, contract listing, return receipt, and feedback collection. Shariah oversight — including approval of the Tawarruq product, review of executed transactions, and review of audit reports — is provided by an independent Shariah Committee chaired by Sheikh Professor Dr. Abdullah bin Nasser Al-Salmi, structured in collaboration with the Shariah Committee of Sela Financial Technologies Company.

ARKTECH generates revenue through transaction fees on leasehold contract purchases on the platform, while specific pricing tiers and fee schedules are not publicly disclosed. Go-to-market is product-led and self-serve, relying on app-store distribution and organic social channels (LinkedIn, X, TikTok) rather than a sales force. The company was founded in 2023, employs 1–10 people, and closed a $1,000,000 funding round led by Core Vision Investments on 2024-10-29.

Name

ARKTECH

Legal name

ARKTECH

Website

https://arktec.sa

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

ARKTECH operates ARK, a Saudi Arabia–licensed, Shariah-compliant digital platform that lets individual retail investors trade leasehold contracts on premium real estate properties via web and mobile apps.

Ownership category

akta.pro rank

Product category

Real Estate Investment Platform

NAICS

Software Publishers (5132)

SIC

Finance Services (6199)

akta.pro primary industry

Hybrid Robo-Advisory Platforms (Advisor + Automation) (FSAGAEAB)

Keywords

• Real estate investment platform
• Leasehold contract trading
• Shariah-compliant investing
• Tawarruq financing product
• Retail property investing

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Leasehold Contract Trading Fees: The platform facilitates trading of leasehold contracts for premium real estate properties, generating revenue through transaction fees on contract purchases. Users pay the contract amount on the due date to receive returns.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

ARKTECH operates the ARK digital platform, which enables the trading of leasehold contracts for premium real estate properties in Saudi Arabia using a Shariah-compliant Tawarruq financing structure. Individual investors self-register via the Nafath national identity system, review contracts listing images, costs, and return percentages, and pay the contract amount on the due date to receive returns. The platform is licensed by VALIE and the General Real Estate Authority.

Product overview

ARK is a single, unified digital real estate investment platform. The core offering is the ARK Platform itself, which facilitates the trading of leasehold contracts for premium properties using an Islamic-compliant Tawarruq financing structure. The platform connects investors with property leasehold contracts, providing full contract details, images, costs, and return percentages, all supervised by a Shariah Committee and licensed by VALIE and the General Real Estate Authority.

Differentiator

Problem solved

Functional benefit

Products and services

• ARK Platform (Leasehold Contract Trading Platform) A digital, self-serve investment platform that lets individual investors in Saudi Arabia register via Nafath identity verification and trade leasehold contracts for premium real estate properties using a Shariah-compliant Tawarruq financing structure. Users browse contracts with full property details, pay the contract amount on the due date, and receive returns, with the experience available via iOS app, Android app, and web.
• Tawarruq Financing Product A Shariah-compliant financing product structured using Tawarruq methodology, designed and approved for use on the ARK platform. It is the underlying Islamic-compliant instrument through which leasehold contracts are offered and traded, with continuous audit by the Shariah audit team to ensure adherence to Islamic law.

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• VALIEcoreOthersVALIE is the Saudi Arabian General Authority for Military Industries. ARK is licensed by VALIE and the General Real Estate Authority, establishing regulatory credibility for its real estate investment platform.
• General Real Estate Authority (Rega)coreOthersThe General Real Estate Authority (Rega) is the Saudi regulatory body overseeing real estate activities. ARK holds a license from this authority to operate its real estate investment platform.
• Sela Financial Technologies CompanycoreStrategic or Co-development PartnerARK collaborated with the Shariah Committee of Sela Financial Technologies Company to design and structure a financing product that complies with Shariah in the Kingdom of Saudi Arabia. The product has been reviewed and approved by the Shariah Committee chaired by Sheikh Professor Dr. Abdullah bin Nasser Al-Salmi.
• Shariah Committee of Sela Financial TechnologiescoreStrategic or Co-development PartnerAn independent Shariah Committee chaired by Sheikh Professor Dr. Abdullah bin Nasser Al-Salmi, with members Dr. Abdullah bin Mansour Al-Ghufaili and Dr. Fahad bin Badi Al-Murshidi. The committee reviews and approves all product and platform documents to ensure alignment with Shariah standards.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• SmartCrowd: UAE-based DFSA-regulated fractional property investment platform enabling retail investors to buy shares in income-generating real estate. Highly comparable as a digital-first, Shariah-aware alternative-investment property platform in a neighboring GCC market.
• Stake: UAE-based platform offering fractionalized real estate investments to retail users via mobile/web apps. Direct competitor in the regional digital property investment space with a comparable self-serve onboarding and transaction-fee economic model.
• Ethis: Malaysia-headquartered Shariah-compliant crowdfunding and investment platform with real estate exposure (Ethis Real Estate). Comparable because it serves Muslim retail investors seeking property-backed returns on a digital platform.
• Fundrise: US-based leading retail real estate investment platform offering fractional ownership of income-producing properties. Comparable as the global benchmark for product-led, self-serve digital real estate investing aimed at non-institutional investors.
• Yieldstreet: US alternative-investment platform offering retail access to real estate and other yield-generating assets via a digital platform. Comparable because it bridges retail capital to alternative real estate deals through a regulated online product.

Emerging players

• EstateGuru: European real estate lending/investment marketplace connecting retail capital with property-backed opportunities. Comparable as a digital platform packaging property-backed investment products for non-institutional investors.
• Bricksave: UK-headquartered fractional property investment platform serving retail investors globally with regulated property-backed products. Comparable digital real estate investment model aimed at non-institutional capital.

Broad incumbents

• Wahed Invest: Global Shariah-compliant digital wealth management and robo-advisor platform serving Muslim retail investors. Comparable on the dimensions of Shariah-compliant retail wealth product, though broader than ARK's leasehold focus.
• Dar Al Arkan Real Estate: Largest Saudi-listed real estate developer with broad Shariah-compliant property offerings. Comparable on Saudi real estate exposure and Islamic finance positioning, though as a developer rather than a digital investment platform.

Regional players

• Property Finder: Leading UAE/Saudi real estate marketplace that has expanded into mortgages and developer services. Comparable on geography and Saudi real estate customer base, though transaction-fee model is marketplace-based rather than investment-product-based.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/arktech_ksa?s=11&t=hKzcbIGCMJqWs8w5qJYjLA
• LinkedInlinkedin.com/company/arktech-ksa
• TikToktiktok.com/@arktech_ksa?_t=ZS-8vnNTELi9nU&_r=1

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ARKTECH