Ajdar

About Ajdar

Ajdar (أجدر للتقنية المالية, Ajdar Financial Technology) is a Saudi financial technology company based in Riyadh that runs an online platform for debt-based crowdfunding. The platform connects individual investors with businesses seeking financing, using debt instruments structured as Islamic sukuk.

On the investor side, the company says opportunities start from SAR 1,000 and are offered across a range of sectors. Each opportunity is time-limited with a fixed return, and profits are distributed monthly, quarterly, semi-annually or annually depending on the terms. The company states that all opportunities are Sharia-compliant and that a specialised team carries out a credit study of every opportunity before it is listed.

On the borrower side, Ajdar offers financing of up to SAR 20 million to companies, with varied tenors, flexible repayment schedules and a quick financing offer once the required information is complete. Both investors and borrowers register digitally, without paperwork or branch visits, and the platform validates profile data automatically through technical integrations.

The service is available through a website and mobile apps on the Apple App Store and Google Play. The company's published address is on Al-Takhassusi Road in the Al-Muhammadiyah district of Riyadh.

The company describes its aim as using advances in the financial system to widen access to investment tools for a broader group of investors while giving small and medium-sized businesses an additional source of long-term funding. Its public pages do not disclose founders, founding year, funding rounds or investors.