THE MIDDLE EAST’S

49. Wadaie *

Description: Time Deposit Aggregator
Headquarters: Saudi Arabia
Date of Establishment: 2022
Founders: Abdullah Alandas, Abdulrahman Alhawas, Rayan Altuwayjiri

Wadaie serves as a time deposit aggregator, granting businesses and individuals access to Shariah-compliant time deposits across all Saudi banks and facilitating direct investments in time deposits via the platform. As of February 2025, it had 29,254 clients. Wadaie is web-based, with plans to launch an app in Q2 2025.