This independent Ghanem review examines what the platform offers, how it is regulated, its Sharia governance, and what you should verify before investing. Ghanem is one of the more fully documented fractional real estate platforms in Saudi Arabia, and it sits firmly on the deed-based side of the market. We assess it against the same criteria as every other platform — see our full comparison and methodology.
Ghanem at a glance
| Company | Riyadh real estate technology company (CR 1009203129) |
| Regulatory status | REGA “Val” brokerage & marketing licence; operates in the REGA sandbox; states it is not an investment company |
| Products | Deed-based fractional ownership; usufruct rights |
| Ownership | Fractional deed registered in your name |
| Distributions | Periodic rental distributions (Ghanem states monthly) |
| Exit | Automated early exit via the app |
| Sharia | Named Sharia committee; product-level decisions published |
| Non-Saudis | Dedicated non-Saudi investor pathway (some opportunities Saudi-only) |
| Minimum investment | From SAR 1,000 per Ghanem’s terms (may vary by opportunity) |
| Fees | Fee types disclosed (subscription, management, performance, exit, transaction); amounts set per opportunity |
| Backing | Seed funding from Al-Romaih Group (2025) |
What Ghanem offers
Ghanem lets you invest in income-generating properties through two structures. With fractional ownership, you buy a share of a property and a fractional deed is officially registered in your name, making you a direct part-owner who receives a proportional share of rental income. With usufruct rights, you hold the right to a property’s rental income for a defined period rather than owning the asset itself. Both are documented, and the platform pays periodic distributions with an automated early-exit route through the app.
Regulation and Sharia governance
Ghanem’s own terms state it holds a REGA “Val” licence for real estate brokerage and marketing — connecting users to property and usufruct sellers — and that it is not an investment company; it also operates within the REGA sandbox, which is time-limited supervised permission rather than full market authorisation. This places it on the deed-based (REGA) side rather than the fund-based (CMA) side — a distinction we explain in our guide to REGA versus CMA. On Sharia, Ghanem is among the more transparent platforms: it names the scholars on its Sharia committee and publishes the committee’s decision documents for each product, rather than relying on a generic compliance badge. It has also signed a memorandum of understanding with the Real Estate Registry aimed at registering fractional ownership directly in the title deed.
Who this Ghanem review suggests it may suit
Ghanem may appeal to investors who specifically want deed-based ownership — a registered share in their own name — rather than fund units, and to those for whom transparent, documented Sharia governance is a priority. It also stands out for offering a defined pathway for non-Saudi investors, though some opportunities are limited to Saudis. The choice between its fractional ownership and usufruct products depends on whether you want asset ownership with potential capital gain or a defined-period income right.
What to verify before investing
Ghanem’s terms disclose the types of fees it may charge — subscription, management, performance, exit and transaction fees — but the actual amounts are set per opportunity in each deal’s document, so confirm them in the app for the specific opportunity. The same applies to distribution frequency and the realistic exit timeline, which are defined per opportunity. Note also that subscriptions are described as final and non-refundable. Work through our due-diligence checklist first.
Frequently asked questions
Is Ghanem regulated?
Ghanem states it holds a REGA “Val” licence for brokerage and marketing and operates within REGA’s regulatory sandbox, while describing itself as not an investment company. Sandbox status is supervised test permission rather than full authorisation, so verify its current status before investing.
Do I get a deed with Ghanem?
With its fractional ownership product, a fractional deed is registered in your name. Its usufruct product instead gives you the right to rental income for a defined period rather than ownership of the asset.
Is Ghanem Sharia-compliant?
Ghanem states its products are reviewed and approved by a named Sharia committee, and it publishes the committee’s decision documents for each product. Whether that meets your own requirements is for you to assess.
What are Ghanem’s fees and minimum investment?
Ghanem’s terms list the fee types (subscription, management, performance, exit and transaction fees), with amounts set per opportunity. The minimum investment typically starts from SAR 1,000 but may vary by opportunity. Confirm both in the app for the specific deal.
FractionalKSA is an independent comparison and information resource. We are not affiliated with Ghanem, are not a licensed investment platform or financial adviser, and nothing here is investment advice. Details are based on publicly available information and may change — always verify directly with the platform before investing.