Wafeq Achieves SOC 2 Type 1 and Type 2 Compliance with Sahl

About

Wafeq is a modern accounting and financial management platform designed for businesses in the Middle East. It offers a streamlined way to manage invoices, payroll, expenses, and compliance with local regulations, making it easier for companies to maintain financial transparency and efficiency. With a focus on automation and user-friendly design, Wafeq helps organizations save time while maintaining accurate financial records. Wafeq achieved SOC 2 Compliance in the Middle East with Sahl, setting a new benchmark for secure and reliable financial technology services.

“An ounce of prevention is worth a pound of cure.” — Benjamin Franklin

Compliance Snapshot

Wafeq worked with Sahl to successfully achieve SOC 2 Type 1 and Type 2 compliance, demonstrating that their systems, processes, and controls meet the highest standards for security, availability, and confidentiality. This milestone positions Wafeq as a trusted fintech provider with SOC 2 Compliance in the Middle East, ensuring security and client confidence.

Building Client Trust Through Compliance

For financial technology companies, SOC 2 Compliance is becoming a critical requirement for gaining and retaining enterprise clients. Achieving both SOC 2 Type 1 and Type 2 compliance allowed Wafeq to:

• Strengthen credibility with enterprise customers
  
• Offer clear proof of ongoing operational security
  
• Meet the due diligence requirements of regulated industries

How Sahl Guided Wafeq to SOC 2 Compliance in the Middle East

Sahl designed a clear, staged approach to help Wafeq meet the rigorous demands of SOC 2:

• Assessing existing infrastructure, policies, and controls against SOC 2 criteria
  
• Creating and refining documentation to match the framework’s requirements
  
• Providing training to ensure employees understood their compliance responsibilities
  
• Coordinating audits for both Type 1 (design of controls) and Type 2 (operating effectiveness over time)

SOC 2 Compliance in the Middle East: Lessons from Wafeq’s Journey

Wafeq’s experience highlights the value of:

• Starting compliance work early to avoid delays in market opportunities
  
• Partnering with experienced compliance facilitators like Sahl
  
• Using the certification process to enhance internal systems, not just meet audit requirements
  

With Sahl’s guidance, Wafeq achieved not just compliance, but a strengthened foundation for secure and reliable financial technology services in the Middle East.