UK’s CrowdToLive® and Qatar’s Al Adaam Real Estate Joining Forces
08 June 2022
CrowdToLive® (CTL), a property FinTech Company that connects home buyers and investors by offering financing opportunities and equity investment thought shared ownership, and Al Adaam; a Qatari company established in 2013 and licensed by the Qatari Ministry of Justice to work in the field of property marketing, asset management for third parties, valuation, and buy & sell; today announced that they are joining forces to promote products and services allowing individuals and institutions to reap the rewards of the UK residential housing market.
Commenting on this announcement, Mr. Mohamed Al Harami, owner and CEO of Al Adaam Real Estate: “We are excited about our partnership with a UK FCA regulated real estate financing and investment company. CTL offers a sharia friendly solution that meets the increasing appetite of our Qatar based network. Their well-designed innovative product provides competitive opportunities for individuals and institutions interested to tap into UK’s residential property market.”
Mr. Anour Adham, Co-Founder and CEO of CrowdToLive®, commented saying: “Serving Qatar’s market for almost a decade, Al Adaam established network will truly benefit CTL in attracting interested parties into the UK residential market. This is the beginning of a long term, mutually beneficial, partnership to further expand CTL’s presence and market share across the GCC.”
Established in 2016, UK’s CrowdToLive® facilitates to individuals and institutions exceptional opportunities through its FCA regulated platform. These opportunities offer:
- Inflation hedged 5%-7% above market net yield
- 5 years assured shorthold tenancy contract
- Guaranteed capital gain on home buyer staircasing, and potential capital gain at completion
- No property management and maintenance costs
- Affordable minimum investment amount offering greater diversification
- Vetted property through third party due diligence
- Availability of property exit options through secondary market on best effort basis
- Reduced returns volatility (no vacancy in the property)
“CrowdToLive® has been at the forefront of UK’s Islamic fintech innovation for over five years. After breaking ground in North America in 2021, we hope that to fuel the growth of the firm in the GCC, and specifically in Qatar, through Al Adaam partnership and introducing the new generation of residential property in the UK market.” Mr. Anouar concluded.
CrowdToLive® is part of various incubators and accelerator programs such as Virgin Start Up, Barclays Eagle Labs, Qatar Fintech Hub, and Natwest Growth.