Rize Secures SAR 187.5M Murabaha Facility from Jadwa Investment

Rize Lands SAR 187.5 Million Shariah-Compliant Debt Facility

Rize, a Saudi proptech platform, has secured a SAR 187.5 million Murabaha facility from Jadwa Investment. The financing is structured as debt and is intended to support the company's rental-contract portfolio.

What the Company Does

Rize operates a Rent Now, Pay Later model in the Saudi rental market. Under the model, eligible tenants can split their annual rent into 12 monthly payments, while landlords receive the rent upfront. Leases are documented through the Ejar platform, Saudi Arabia's official rental contract registration system.

The structure addresses a common mismatch in rental markets: landlords want payment certainty and upfront cash, while tenants benefit from spreading a large annual obligation across monthly installments. Rize sits between the two sides, absorbing the timing difference and financing the gap.

Scale and Network

According to the company, Rize has hundreds of thousands of users and a network of thousands of landlords, brokers, and real estate partners across Saudi Arabia. That combination of consumer reach and partner distribution is central to the platform's model, since rental financing depends on originating contracts at volume through trusted channels.

Funding Details

• Round type: Debt
• Instrument: Murabaha facility
• Amount: SAR 187,500,000
• Announced: September 16, 2026
• Lead investor: Jadwa Investment
• Investors: Jadwa Investment

Why the Facility Matters

Rize finances its rental-contract portfolio with Shariah-compliant debt. The new Murabaha facility from Jadwa Investment is a direct extension of that approach, providing dedicated capital to fund the contracts the platform originates.

For a Rent Now, Pay Later business, access to reliable, appropriately structured funding is the core operational constraint. Each contract requires capital to pay the landlord upfront, and that capital is only recovered over the following twelve months as the tenant pays monthly. The size and structure of the funding base therefore determine how many contracts the platform can support and how quickly it can grow.

A SAR 187.5 million facility represents meaningful capacity to expand the portfolio. Just as importantly, the Shariah-compliant structure aligns with the expectations of the Saudi market, where Islamic finance instruments are the standard for this type of consumer and real estate lending.

Acquisition Perspective

Rize occupies a distinctive position in Saudi proptech: it combines a consumer-facing payment product, a landlord-facing receivables solution, and a financing operation backed by Islamic debt. That combination makes it relevant to several categories of strategic acquirers.

• Banks and financial institutions seeking exposure to rental financing and consumer installment products in Saudi Arabia
• Real estate platforms and marketplaces looking to add payment flexibility as a differentiator for landlords and tenants
• Fintech and lending companies interested in Shariah-compliant consumer credit at scale
• Proptech consolidators targeting platforms with integration into Ejar and established broker and landlord networks

The Ejar integration is a notable structural asset. Because leases are documented through the national platform, Rize's contracts sit within the official rental record system, which supports both compliance and underwriting discipline.

What to Watch

• Growth in the number of rental contracts financed under the new facility
• Expansion of the landlord, broker, and real estate partner network
• Additional Shariah-compliant funding arrangements as the portfolio scales
• Further product development across the tenant and landlord sides of the marketplace

With a SAR 187.5 million Murabaha facility from Jadwa Investment, Rize has added substantial capacity to finance its rental-contract portfolio and to extend its Rent Now, Pay Later model across Saudi Arabia.