
AI-driven industrial SME materials BNPL / deferred-payment platform | Shariah-compliant | Riyadh, Saudi Arabia
Aajil (rebranded from Buildnow in 2025) is a Shariah-compliant, AI-driven industrial SME materials BNPL / deferred-payment fintech in Saudi Arabia. It supplied SAR 600M (~$160M) of industrial materials to the KSA industrial SME sector as of 31 Aug 2026, built on Aajil origination + transaction data. Ops co-founders: Abdulla Sheikh (CEO & Co-founder), Hisham Al-Saleh (CFO & Co-founder), Rahat Dewan (CTO & Co-founder). Its sister vehicle Aajil Capital (CMA licence 26358-02) is being established to provide investment access to this SME materials pipeline.
AI-driven industrial SME materials BNPL; SAR 600M (~$160M) supplied as of 31 Aug 2026; Shariah-compliant.
CMA-licensed manager under establishment; licenced but not yet commenced regulated activities.
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