Hefth Securities

The easiest all-in-one platform for managing fund unitholder and sukuk holder registers

Hefth: a registered trademark

Hefth is a registered trademark offering a technical solution for managing shareholder registers, fully owned and operated by Exit Finance (licensed by the Ministry of Commerce and authorized by the Capital Market Authority), headquartered on Prince Mohammed bin Salman Road – Qurtubah District – Riyadh.

Hefth: a register management system for investment funds and sukuk

Hefth offers investment fund managers and sukuk issuers a fully automated system for managing owner registers and updating them with every subscription, redemption and transfer, calculating distributions and sukuk returns and depositing them into investors' accounts, and delivering disclosures and reports to every investor in their account.

Fully automated

Hefth Securities is a fully automated system that gives you control over:

  • The unitholder register, updated with every subscription and redemption.
  • Fund subscription and redemption windows.
  • The sukuk holder register, its periodic returns and redemption at maturity.
  • Fund and sukuk distributions into investors' accounts.
  • Unitholder and sukuk holder meetings.

Complete flexibility in managing funds and sukuk

Hefth gives fund managers and sukuk issuers full control over owner registers, subscriptions, redemptions, distributions and disclosure from one platform.

Investment funds

A unitholder register updated with every subscription and redemption, and fully automated subscription and redemption windows.

Sukuk

A sukuk holder register, periodic return calculation, and redemption at maturity, including convertible sukuk.

Distributions and disclosure

Calculating distributions and depositing them into investors' accounts, and publishing the unit price and periodic reports.

Investor account

The investor's shares, units and sukuk in one account on Tanaqul, with ownership transfers between investors.

Why Hefth

The most comprehensive. The easiest. Fully automated.

Operations

  • A register updated the moment each operation is executed.
  • 24/7 technical support.

High security

  • Highly secure servers.
  • Fully compliant with NCA cybersecurity requirements.

Flexible plans and costs

  • Flexible payment plans.
  • Clear fees for every service.
Plans

Grow your funds and issuances

Automated subscription and redemption window

The fund manager sets the window dates, and the platform receives and executes subscription and redemption requests and updates the unitholder register automatically.

Sukuk returns on schedule

The platform calculates each sukuk holder's periodic returns and deposits them into their account, and manages redemption at maturity in cash or by conversion into shares for convertible sukuk.

Disclosure that reaches every investor

The unit price, periodic reports and financial statements are published directly to investors in their accounts.

Instant recording of every movement

The platform records subscriptions, redemptions and transfers the moment they are executed, with daily archiving of registers and a detailed log of every operation.

Excellence

One investment account

The investor sees their shares, units and sukuk in one account on Tanaqul.

Convertible sukuk

Managing the choice between conversion into shares and cash redemption at maturity, reflected in the registers instantly.

Owner meetings

Inviting unitholders and sukuk holders to meetings, electronic voting and preparing the minutes.

Ownership transfer

Transferring units and sukuk between investors within the limits allowed by regulations and licenses.

Solution integration

Fund and issuance operations are reflected automatically in the Tanaqul platform, through which investors access their accounts.

Notification documentation

Notifying investors by text message and documenting the process to support compliance with statutory procedures.

Empowerment and integration

Professional technical support and high security

Hefth adheres to all regulations of the National Cybersecurity Authority through a specialized team able to provide professional technical support to clients.

24/7 technical support

Hefth has a dedicated support team for the platform's clients and users, available around the clock 24/7.

Security

We adhere to a strict set of Saudi laws and government regulations to ensure the protection of all users.

What is Hefth Securities?

A platform offering investment fund managers and sukuk issuers fully automated services for managing owner registers, subscriptions and redemptions, distributions and disclosure.

Is Hefth licensed?

Yes. Hefth is a registered trademark of Exit Finance, licensed by the Saudi Ministry of Commerce to provide administrative services to companies.

Who does the platform serve?

Investment fund managers and sukuk issuers; investors benefit through their accounts on Tanaqul.

How does an investor see their units and sukuk?

Through their account on Tanaqul, where their shares, units and sukuk appear in one account, along with their distributions and disclosures.

How are distributions and sukuk returns deposited?

The platform automatically calculates each investor's share from the owner register on the entitlement date and deposits it into their account.

Can units and sukuk be transferred between investors?

Yes, within the limits allowed by the relevant regulations and licenses, and the operation is recorded in the register the moment it is executed.

What are the platform's fees?

Fees vary by service. You can see them on our Plans.

How does Hefth keep data confidential and secure?

Keeping your data safe is a top priority. Our platform operates under the umbrella of the National Cybersecurity Authority and uses an SSL certificate. Data and information are stored across several servers within Saudi Arabia to keep information secure and prevent its loss.

How can I contact Hefth?

If you have any question not answered here, do not hesitate to email us at Info@hefth.sa or reach us directly via WhatsApp. We are happy to help and support you.