Islamic Finance

Saudi Real Estate digital exchange to launch in Q4 2021, says MoJ official


Published 31 Aug,2021 via Arab News - Economy - A digital platform for buying and selling Saudi real estate that will launch before the end of this year will reduce errors, while increasing fairness, speed, and efficiency of property transactions.

The platform — similar to a real estate stock market — which will be free to use is almost completed and ready to launch during the last quarter of 2021.

It will expand further next year, to process five times more operations than the current operations on the market, Ahmed Al-Salman, supervisor general at the ministry, revealed in an interview with CNBC.

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