Ziad Tarek Abdullah Aba Al-Khail, Managing Director and CEO of AlJazira Capital talks about the new HTML5 based unique trading platform.
This is a very competitive sector, and there are many companies offering similar services in the market. What makes you different and stand apart from other competitors?
Aljazira Capital has decent capital, an excellent investment banking team, and is affiliated with one of the key banks in the Kingdom. Aljazira Bank is one of the oldest banks in the Kingdom.
In 2007, the bank became Sharia-compliant. The change was extremely beneficial, and it changed the bank from a loss-making bank to a very profitable institution. The sharia-compliant component is extremely important for Saudi retail customers.
Is the new HTML5 application a unique product to the market?
Aljazira Capital is the leader in technology. The previous platform was Java-based and competitors tried to copy it. Building on the past successes, the introduction of the new application trading in HTML5 will give the company an additional edge. The technology allows touch screen interactions, works on various browsers and across multiple devices. When we introduce a product for trading, we always try to have some unique features because better technology is our competitive advantage.
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