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Securities House Launches Zad App- Kuwait’s First Shariah-Compliant Investment Platform with Alpaca

Blog post from Alpaca

Post Details
Company
Date Published
Author
Sonia Sethi
Word Count
524
Language
English
Hacker News Points
-
Summary

Zad is the first-of-its-kind digital investment platform launched in Kuwait by Securities House, offering end-users access to trade over 4,000 stocks and ETFs in full compliance with Islamic Shariah principles. Zad was created to help make investing accessible, intuitive, and easy to understand for investors, particularly those affected by the COVID-19 pandemic. The platform aims to simplify the investment process with low commission investing, fractional trading, simple account opening, funding, and ease of use, as well as providing market news and insights. Zad partners with Alpaca Broker API to offer a seamless investing experience, leveraging Alpaca's brokerage, custody, and post-trade solutions suite. The platform supports the Arabic language and offers Shariah-compliant investment opportunities, starting from $100. Zad is driven by core values of integrity, curiosity, accessibility, ownership, and delivering results.