Quick Verdict
Our take on Wethaq Digital Sukuk Platform
Wethaq is a genuinely innovative platform reducing the friction of Sukuk issuance for UAE corporates and financial institutions. Its blockchain-based approach and DFSA compliance make it the go-to platform for digital Islamic securities in the UAE capital markets.
Best for: UAE corporates and funds issuing and managing Sukuk digitally
What we like
- UAE-based platform purpose-built for digital Sukuk issuance
- Blockchain-based securities lifecycle management
- Full DFSA and SCA regulatory compliance
- Arabic-English bilingual documentation and reporting
- Covers issuance, settlement, and secondary market
- Reduces Sukuk issuance costs and time significantly
What could improve
- Specialized use case — Sukuk only, not general Islamic finance
- Enterprise budget required
- New platform with shorter track record than incumbents
- Requires regulatory approval for each issuance
Pricing plans
Sukuk Platform
Custom (USD/AED)
Digital Sukuk issuance, settlement, lifecycle management
Get startedMENA feature check
Arabic interface
Full Arabic UI support
GCC data centers
Data stored in the region
Local payment methods
KNET, Mada, BENEFIT, etc.
Mobile app
Native iOS and Android apps
API access
Developer API available