GULF UNION ALAHLIA
14.76   | 
SEERA
22.28   | 
LIVA
11.22   | 
Zamil Indust
36.90   | 
SHAKER
26.30   | 
NASEEJ
75   | 
Saudi Ceramics
25.95   | 
Astra Indust.
146   | 
MAADEN
49.05   | 
Al Baha
3.22   | 
BCI
25.15   | 
Alkhaleej Trng
24.06   | 
Saudi Enaya
8.60   | 
AMANA Insurance
7.69   | 
GACO
15.84   | 
Taiba
35.10   | 
Buruj
15.68   | 
YCC
19.80   | 
Arabian Shield
14.20   | 
SCC
7   | 
SARCo
57.30   | 
GO TELECOM
89   | 
Takween
7.30   | 
SISCO HOLDING
27.70   | 
Kingdom
8.28   | 
Wataniya
15.66   | 
NADEC
19.20   | 
SINAD HOLDING
9.99   | 
SAICO
14.40   | 
AYYAN
12   | 
Red Sea
33.50   | 
Bahri
30   | 
Jarir
12.06   | 
Bupa Arabia
163.80   | 
City Cement
16.60   | 
Najran Cement
8.08   | 
Tawuniya
141.60   | 
Trade Union
12.96   | 
Advanced
28.80   | 
SIDC
23.60   | 
ASLAK
21.18   | 
Emaar E .C
12.68   | 
YANSAB
28.90   | 
ALAKARIA
18.98   | 
NGC
17.66   | 
Fitaihi Group
3.20   | 
Saudi Re
45.55   | 
SAB
31.95   | 
ALJOUF
42.95   | 
AICC
10.98   | 
AL Babtain
48.30   | 
SAIC
24.34   | 
SRMG
155.60   | 
Almarai
50.10   | 
GASCO
73   | 
TECO
0.74   | 
BSF
17.36   | 
Sharqiya Dev Co
14.88   | 
SIB
14.38   | 
ACIG
11.74   | 
Sipchem
18.20   | 
SCC
128.80   | 
Aldrees
118   | 
SADAFCO
264.40   | 
Dallah Health
119.80   | 
Extra
87.30   | 
Mouwasat
70.80   | 
A.Othaim Market
7.52   | 
SPIMACO
23.02   | 
THIMAR
34.35   | 
SFICO
90.80   | 
SPM
58.40   | 
SABI QUANT ETF
43.25   | 
YAQEEN PETROCHEMICAL
22.60   | 
YAQEEN 30
47.25   | 
Jouf Cement
7.99   | 
TCC
10.60   | 
WAFRAH
26.15   | 
Tasnee
9.04   | 
ARDCO
30.85   | 
TADCO
9.99   | 
E.P.C.C.O
30.35   | 
Gulf General
5.81   | 
Southern Cement
27.95   | 
Walaa Insurance
16.96   | 
Maadaniyah
12.74   | 
KEC
12.30   | 
Petro Rabigh
6.81   | 
SABIC AGRI-NUTRIENTS
98.70   | 
ZAIN KSA
10.38   | 
Mubarrad
2.07   | 
FIPCo
31.85   | 
SPPC
10.10   | 
CATRION
109.20   | 
Herfy Foods
20.88   | 
H B
40   | 
TAPRCO
15.12   | 
Alinma
25.30   | 
GIG
24.42   | 
QACCO
49.95   | 
SALAMA
11.50   | 
Nama Chemicals
26.05   | 
Dar Al Arkan
18.94   | 
MESC
30.90   | 
Etihad Etisalat
57.50   | 
MCDC
85.40   | 
Alujain
36.25   | 
Budget Saudi
69.20   | 
Anaam Holding
14.30   | 
ALBILAD
24.54   | 
ACE
30.55   | 
Saudi Cement
39   | 
MUTAKAMELA
14.10   | 
APC
5.95   | 
RIBL
27.10   | 
BJAZ
12.48   | 
Sabic
54.30   | 
SVCP
25.90   | 
CHEMANOL
11.54   | 
STC
41.80   | 
Amiantit
19.30   | 
Jabal Omar
19.78   | 
SASCO
57   | 
Al Rajhi Takaful
111.60   | 
YC
32.90   | 
MEDGULF
17.70   | 
Saudi Electric
14.10   | 
UCA
6.90   | 
Saudi Kayan
4.68   | 
ZOUJAJ
40.20   | 
CENOMI RETAIL
19.06   | 
SSP
49.70   | 
SAPTCO
12.84   | 
Al Rajhi
91.20   | 
ACC
22.78   | 
ARNB
21.02   | 
Malath Insurance
12.50   | 
JAZADCO
10.28   | 
Sagr Insurance
11.46   | 
ARTEX
12.30   | 
Care
159.20   | 
SIIG
16.90   | 
SAVOLA Group
25.60   | 
SIECO
2.01   | 
Northern ement
7.68   | 
Jazira Takaful
12.68   | 
Farm Superstore
17.08   | 
SNB
33.95   | 
Bawan
46.30   | 
UACC
16   | 
BAAN
1.89   | 
Al Hammadi
36.45   | 
EIC
7.09   | 
SGS
44.45   | 
AlYAMAMAH STEEL
28.30   | 
LAZURDE
12.06   | 
OASIS
24.18   | 
AL MAATHER REIT
9.11   | 
SACO
26.40   | 
MULKIA REIT
4.68   | 
ALANDALUS
21.16   | 
Al Jazira REIT
12.60   | 
Taleem REIT
9.90   | 
Mepco
26   | 
RIYAD REIT
5.35   | 
JADWA REIT ALHARAMAIN
5.59   | 
Saudi German Hosptl
53.70   | 
MUSHARAKA REIT
4.13   | 
JADWA REIT SAUDI
10.04   | 
Al RAJHI REIT
8.22   | 
ALAHLI REIT 1
6.90   | 
LEEJAM SPORTS
123.20   | 
SICO SAUDI REIT
4.31   | 
DERAYAH REIT
5.42   | 
CENOMI CENTERS
19.18   | 
MAHARAH
4.73   | 
NBM
161.60   | 
Bonyan REIT
9.06   | 
MEFIC REIT
3.69   | 
Swicorp Wabel REIT
4.49   | 
ATAA
61.60   | 
MIS
132.80   | 
SEDCO CAPITAL REIT
6.75   | 
ALASEEL
3.75   | 
RAYDAN
12.84   | 
BINDAWOOD
5.58   | 
ABO MOATI
34.50   | 
ALOMRAN
25.85   | 
AmlakInternationalFinance
10.24   | 
SAUDI ARAMCO
25.40   | 
ALINMA SUKUK
10.48   | 
BAAZEEM
5.21   | 
ALBILAD GOLD
18.38   | 
NCLE
148.80   | 
ALBILAD SOVEREIGN SUKUK
8.29   | 
SULAIMAN ALHABIB
261   | 
ARAB SEA
4.92   | 
Al Kathiri
1.93   | 
ALKHABEER REIT
5.64   | 
AWPT
135.60   | 
WATANI STEEL
2.17   | 
NGDC
39.90   | 
ALNAQOOL
34   | 
Alkhabeer Income
5.86   | 
THEEB
63.70   | 
FESH FASH
10.60   | 
SADR
2.78   | 
SOLUTIONS
250   | 
ALHASOOB
48   | 
ENMA ALRAWABI
22   | 
ALARABIA
99.60   | 
TADAWUL GROUP
161   | 
ALMUNAJEM
65.30   | 
MOBI INDUSTRY
12.50   | 
CMCER
6.64   | 
DWF
100   | 
AICTEC
2.85   | 
ACWA POWER
245   | 
GROUP FIVE
25.60   | 
NAYIFAT
12.20   | 
TANMIAH
93.20   | 
AME
112   | 
ALWASAIL
3.14   | 
ALJOUF WATER
1.46   | 
OBEKAN
30.30   | 
SHL
16.64   | 
ALKHABEER GROWTH AND INCOME
8.99   | 
GAS
15.14   | 
FADECO
70.80   | 
DMSCO
73.80   | 
AMWAJ INTERNATIONAL
38.90   | 
EQUIPMENT HOUSE
34.50   | 
SPC
42.95   | 
AZM
28.55   | 
NASEEJ TECH
45   | 
EAST PIPES
105.60   | 
AQASEEM
7.78   | 
TADWEEER
8.04   | 
TIBBIYAH
32.50   | 
ALBILAD US
12   | 
AMAK
57.40   | 
ELM
955   | 
NAHDI
123.80   | 
EDARAT
255   | 
FUTURE CARE
2.85   | 
MARAFIQ
39.70   | 
ACADEMY OF LEARNING
8.75   | 
ALAMAR
55.50   | 
NAQI
51.30   | 
Al Rajhi Sukuk T1
100.20   | 
RETAL
13.96   | 
RIYADH CABLES
129.40   | 
SAUDI TOP
7   | 
ALSAIF GALLERY
7.10   | 
RAWASI
3.85   | 
ARABIAN DRILLING
76.20   | 
LUBEREF
97   | 
NETWORKERS
68.10   | 
NABA ALSAHA
64.50   | 
NOFOTH
12   | 
AMERICANA Foreign Compan
2.04   | 
ALDAWLIAH
6.29   | 
ALQEMAM
90.90   | 
BALADY
183   | 
KNOWLEDGE TOWER
13.18   | 
ALINMA HOSPITALITY REIT
8.14   | 
MOLAN
2.55   | 
SURE
81.90   | 
2P
10.24   | 
LADUN
3.65   | 
ALBILAD US TECH
18.88   | 
ALMAWARID
133.20   | 
HORIZON FOOD
30.60   | 
UNITED MINING
37   | 
IOUD
42   | 
PRO MEDEX
90.10   | 
MULKIA
44.65   | 
ALRAZI
40   | 
DAR ALMARKABAH
2.62   | 
SUMOU
37   | 
BENA
39.95   | 
TAM DEVELOPMENT
132.80   | 
ALRASHID INDUSTRIAL
46   | 
SAL
165.20   | 
RIYADH CEMENT
31.35   | 
ALASHGHAL ALMOYSRA
50.80   | 
ALBILAD SAUDI GROWTH
8.22   | 
ALMODAWAT
16.90   | 
Saudi German Health Sukuk
103.50   | 
TAQAT
10.36   | 
MUNAWLA
53   | 
WAJA
7.09   | 
JAMJOOM PHARMA
158.40   | 
FAD
70.20   | 
MIRAL
103   | 
ENTAJ
40.55   | 
AXELERATED SOLUTIONS
25   | 
Sukuk Aqaseem Factory 1
104.55   | 
DKHOUN
96.80   | 
FIRST MILLS
50.50   | 
SHALFA
70   | 
ASG
50.30   | 
ARMAH
84   | 
TMC
17.80   | 
DERAYAH
24.76   | 
ADEER
90.90   | 
MARBLE DESIGN
6.97   | 
NAAS PETROL
46.80   | 
Alistithmer Capital Parallel Market Companies Fund ( Nomu )
0.0001   | 
SMC HEALTHCARE
25   | 
FOURTH MILLING
3.46   | 
RATIO
8.65   | 
ALMUNEEF CO.
6.53   | 
MASAR
20.76   | 
PURITY
21.80   | 
Knowledgenet
28.95   | 
FIRST AVENUE
9.25   | 
ALRASHEED
108   | 
ALKHABEER INCOME 2030
7.50   | 
MIAHONA
22   | 
FAKEEH CARE
40.15   | 
THARWAH
46.80   | 
TALCO
39.90   | 
HORIZON EDUCATIONAL
68   | 
ALMAJED OUD
139.60   | 
MUFEED
57.40   | 
RIYADH STEEL
1.64   | 
WSM
33.30   | 
JANA
16.30   | 
ALFAKHERA
5.20   | 
QOMEL
48.50   | 
YAQEEN
10.48   | 
ARABICA STAR
55.90   | 
AVALON PHARMA
117.20   | 
PAPER HOME
135.20   | 
ALISTITHMAR REIT
7.11   | 
BANAN
4.31   | 
SAB HK
11.68   | 
ALBILAD HONGKONG CHINA
11.24   | 
BURGERIZZR
15.30   | 
DRC
51   | 
JAHEZ
25.50   | 
BALSM MEDICAL
71   | 
YAQEEN ESG
9.78   | 
NEFT ALSHARQ
4.05   | 
KSA Sukuk 2024-01-15
97.32   | 
TASHEEL
150   | 
SAMA WATER
2.55   | 
VIEW
6.55   | 
SMC
13.50   | 
ALMOOSA
151.20   | 
NICE ONE
29.60   | 
ALBATTAL FACTORY
39.30   | 
PAN GULF
20.64   | 
SEDCO MULTI ASSET
6.03   | 
QUARA
17   | 
LANA
35   | 
ARABIAN MILLS
38.75   | 
SMASCO
5.74   | 
RASAN
79.70   | 
MULTI BUSINESS
17   | 
LUMI
57.40   | 
ALMOHAFAZA FOR EDUCATION
21.80   | 
LEAF
91.40   | 
ATLAS ELEVATORS
17.52   | 
MRNA
11.30   | 
Sukuk Rawasi Albina Inv 1
106.12   | 
SERVICE EQUIPMENT
62.30   | 
FUTURE VISION
6   | 
ANMAT
14.10   | 
GHIDA ALSULTAN
40   | 
ALMUJTAMA MEDICAL
30.70   | 
SMILE CARE
5   | 
CLEAN LIFE
102   | 
RIYAL
23.50   | 
MBC Group
36.95   | 
OSOOL AND BAKHEET
32.85   | 
Sukuk AlKathiri 1
99.50   | 
UCIC
35.10   | 
ALKUZAMA
88.10   | 
UFG
44   | 
ADES
12.78   | 
RAOOM
63.30   | 
LIME INDUSTRIES
11.36   | 
ITMAM
17   | 
HKC
42   | 
TAMKEEN
49.05   | 
MODERN MILLS
30.85   | 

About Us

About us

We work to deliver the best possible solutions and services to our customers, always putting their interests first in any business decisions

Rakan Abdullah Abunayyan
Chairman-Independent

Mr. Rakan Abdullah Abunayyan has been appointed as Chairman of Alistithmar Capital since April 2022. Rakan is an experienced investment executive who has spent the last 18 years working in different fields from Investment research, teaching, and investing and worked in several aspects wearing the hat of the regulator from his experience in the Central bank of Saudi to the investment side being known as an active investor in Saudi Arabia. Rakan brings hands-on experience in turning around legacy enterprises, growing green fields into market leaders, innovating products, implementing digitization and creating new operating models by being an active player in the venture capital market in Saudi. Rakan now is an active board member in several companies in Saudi, such as, Ashmore Investment Saudi Arabia, Abunayyan Trading company, First Milling company, and the Chairman of MEDGULF Insurance co. where he led its transformation. Rakan was also an advisory board member to the Capital Market Authority, and a board member in Riyadh Chamber of commerce. Rakan currently is the Chief Investment Officer of Abunayyan Holding a conglomerate company that engages in trading, manufacturing, servicing, and investing in water, oil, gas, and power markets in the Kingdom of Saudi Arabia and the Gulf countries. Rakan holds a Bachelor degree in Accounting from King Saud University in Saudi Arabia and a Master of Science in Finance from the University of Illinois at Urbana-Champaign, USA. Rakan is a Certified Public Accountant.

Faisal Abdullah Al-Omran
Board Vice Chairman of the Board of Directors

Mr. Faisal Abdullah Al-Omran is the Chief Executive Officer of The Saudi Investment Bank (SAIB) and has been appointed as Vice Chairman of the Board of Directors of Alistithmar Capital since October 2023. Faisal joined SAIB in 2007 with a wealth of experience in investment management gained from reputed entities. Initially joining in the investment banking and corporate finance division of the Bank, Faisal successively held senior management positions and was appointed the Treasurer & Chief Investment Officer in 2015. In 2017, he was appointed as the deputy Chief Executive Officer and in February 2019 he was appointed as the Chief Executive Officer. Faisal holds a bachelor's degree in business administration, majoring in finance and accounting with honors from Northeastern University in Boston, Massachusetts, USA in addition to completing several executive education and short training courses from various reputable universities globally including INSEAD and London Business School. Faisal has previously served as the Chairman of the Board of Directors of Saudi Credit Bureau (SIMAH), Vice Chairman of the Board of Directors of Alistithmar Capital, and Board member of Amlak International Finance Company, in addition to serving on various Board committees of these companies.


Salman Badar Al Fughom
Board Member

Mr. Salman Badar Al-Fughom has served The Saudi Investment Bank (SAIB) since the last 14 years. He is currently serving as the Deputy Chief Executive Officer (DCEO) of SAIB since January 2020. In his current role, he maintains an oversight of the Bank’s business, strategy, operations, internal controls, and assists the CEO of the Bank in ongoing business matters. Mr. Al-Fughom is part of several Management Committees in the Bank, including the Management Committee Credit Committee, Assets Liability Management Committee, Enterprise Risk Committee, ECL Management Committee, and Sustainability Committee. Previously, Mr. Al-Fughom served the Bank in the capacity of Treasurer & Chief Investment Officer from September 2017 to December 2019 and Deputy Treasurer from October 2015 to August 2017. In his role as the Treasurer, Mr. Al-Fughom was responsible for overall management of the Bank’s Treasury function, including Assets Liability management, bank funding strategy, hedging strategy, balance sheet management, and Gap management. Prior to these positions, Mr. Al-Fughom started in SAIB as the Head of Investments in November 2006 and continued serving in that position until his promotion in September 2015. He headed the Investment department managing around SAR22 billion of international and local multi assets portfolio, and was responsible for setting up and implementing the Bank’s investment strategy Mr. Al-Fughom started his career as a Portfolio Analyst in the Investment Department of The Saudi Arabian Monetary Authority (SAMA) where he assisted with managing the fixed income portfolio and implementing working group view on the investment strategy. Mr. Al-Fughom is the Vice Chairman of Saudi ORIX Leasing Company since March 2020 (Board member since March 2017) and a Board member of Alistithmar for Financial Securities & Brokerage Company (Alistithmar Capital) since November 2018. He is also a member of several Board Committees in these companies. Mr. Al-Fughom holds a Master of Science degree in Investment Management from Cass Business School, London and Bachelors of Science (Honors) degree from Greenwich University, London. He has also completed a Management Development Program from Brown Brothers Harriman, New York, and has completed several executive education and short training courses from reputable institutions globally including Harvard Business School, INSEAD and Wharton.

Mohammed Abdullah Al-Ali
Board member- Independent

Mr. Mohammed Al Ali has over 40 years of finance and accounting experience which included responsibility for Saudi Aramco’s global accounting activities and financial controls, managing corporate financial records, and developing and maintain programs to assist management in monitoring and evaluating corporate performance. Mr. Mohammed used to be the Former Senior Vice President of Finance at Saudi Aramco. He served on several of the company’s executive committees too. Mohammed experience also includes memberships on boards of directors for a variety of Saudi Aramco subsidiary and joint venture entities responsible for shipping, refining, petrochemicals and sales and marketing activities. Mr Al-Ali earned his Bachelor’s Degree in Accounting from the University of Texas at Arlington and his Master’s Degree in Business Administration from Denver University. Mr. Al-Ali also used to be on the Board of The Saudi Investment Bank since July 2014 till March 2022, while he also had the privilege of being the Second Chairman of GCC Board Directors Institute between the period 2010-2014. Currently he serves in the Board of Saudi Energy Efficiency Centre and Chairman of audit and risk committee . He is also a Board Member and Chairman of the Audit Committee of Tarsheed.

Khaled Abdulaziz Alrayes, CFA
Board Member - Chief Executive Officer

Mr. Khaled Alrayes is the CEO of Alistithmar Capital. He joined Alistithmar Capital in April 2018 and has nearly 19 years of career experience, including Investment Management, Investment Banking, Direct Investments and Private Equity. Prior to joining Alistithmar Capital, he was the Chief Investment Officer of Aseer Company, a multi-investment publicly traded company, managing a diversified portfolio of investments including: Direct Investments, Private Equity, Public Equity, and Real Estate. Prior to that, he was a Director at the investment banking vertical of Al Rajhi Capital. He also worked as a Manager at the investment banking division of Alistithmar Capital. He successfully closed multiple rights issue, private placement, merger & acquisition, and restructuring transactions for companies in various sectors. He served in a number of boards and board committees for LLC/CJSC in various sectors including: food and beverage processing, real estate, packaging, private equity, and others. Khaled holds an MBA and an MS in Finance from the University of Denver, Colorado, and is a CFA charter-holder.

Shankar Chattanathan
Chief corporate performance officer

Mr. Shankar Chattanathan is the Chief Corporate Performance Officer since 1st of October 2024.

He was Advisor to the Chief Financial Officer of the Saudi Investment Bank (SAIB) since May 2023. Prior to this, he was the CFO for the Saudi Investment Bank from March 2021 to April 2023 and he was also General Manager of Operations from September 2009 to April 2016. 

Prior to joining SAIB, he held the roles of Head of Operations in different Banks in the Middle East and senior operations roles at Citibank in India. Mr. Chattanathan has more than 30 years of experience in the Banking industry. He is an Associate member of the Institute of Chartered Accountants in India, as well as a Cost Accountant. Mr. Shankar is an Audit Committee Member at Alistithmar Capital since 2020.

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Khaled Abdulaziz Alrayes, CFA
Board Member - Chief Executive Officer

Mr. Khaled Alrayes is the CEO of Alistithmar Capital. He joined Alistithmar Capital in April 2018 and has nearly 19 years of career experience, including Investment Management, Investment Banking, Direct Investments and Private Equity. Prior to joining Alistithmar Capital, he was the Chief Investment Officer of Aseer Company, a multi-investment publicly traded company, managing a diversified portfolio of investments including: Direct Investments, Private Equity, Public Equity, and Real Estate. Prior to that, he was a Director at the investment banking vertical of Al Rajhi Capital. He also worked as a Manager at the investment banking division of Alistithmar Capital. He successfully closed multiple rights issue, private placement, merger & acquisition, and restructuring transactions for companies in various sectors. He served in a number of boards and board committees for LLC/CJSC in various sectors including: food and beverage processing, real estate, packaging, private equity, and others. Khaled holds an MBA and an MS in Finance from the University of Denver, Colorado, and is a CFA charter-holder.

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Waleed AlNekhaish
Head of Asset Management

 Waleed joined Alistithmar Capital in Jan 2023 as the Head of Asset Management, he is managing the asset management team that over sees the management of public funds and private mandates that range from money markets, equities, fixed income, etc. Waleed has more than 18 years of experience in formulating strategic investment plans, building and managing portfolios and funds. He has a Bachelor degree of Science in Finance from Prince Sultan University.

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ATEEGI AL-ATIKI
Head of Brokerage & Margin Lending

Ateegi Alatiki is the Head of Brokerage & Margin Lending at Alistithmar Capital. He joined Alistithmar capital in 2023. Ateegi is an investment professional with over 15 years of professional investment experience with local, international and regional investment companies where he held various roles within Asset Management, Institutional Brokerage and Access products with main focus on Equities Trading and Execution Ateegi is responsible for managing both the Brokerage and the Margin Lending departments, providing services in the local securities market, selected international securities markets, Murabaha financing and overdraft facilities. 

Ateegi holds a Bachelors of Science degree from University of Wisconsin in the U.S.A.

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Ali Odhwani
Head of Internal Audit

Ali joined SAIB BNP Paribas Asset Management Company (which was then merged with Alistithmar Capital) in 2011 and is now the Head of Internal Audit. Ali plays a critical role in delivering the organization’s strategy by objectively assessing the adequacy of governance, risk management and internal control system. With over 19 years of experience, he has previously established Internal Audit divisions in entities at country and regional level. During this period, he held several positions, viz., Regional Head of Audit - East Africa & Head of Internal Audit, Pakistan for agencies within the Aga Khan Development Network headquartered in Geneva, and Deputy Head of Audit for Telenor Microfinance Bank, Pakistan. Ali has also worked as external auditor with Ernst & Young (EY) in Pakistan for over 4 years, specializing in financial institution audits. Being trained in corporate strategy including KPIs and Balanced Scorecards, Ali ensures alignment and infusion of internal control processes into strategy development and monitoring models. Ali is a Chartered Certified Accountant (ACCA) from UK and a Certified Internal Auditor by the Institute of Internal Auditors, US. He also holds a PGD in Organizational Leadership from University of Oxford, UK and Bachelors in Commerce from University of Karachi, Pakistan.

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Maha Alomairi
Head of Shared Services

Maha joined Alistithmar Capital in Aug 2021 as the Head of Human Resources and became Head of Shared Services in March 2022. Maha has over 14 years of experience in Operations Management, Financial Analysis and Human Recourse Management. Prior to joining Alistithmar Capital Maha held various positions in Saudi Investment Bank (SAIB) since 2012 the most recent of which was Head of HR services. Maha holds a Bachelor’s degree in Banking and Financial from Ahlia University, Bahrain.

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Navindra Rajapakshe
Head of Information Technology

Navindra joined Alistithmar Capital in Mar 2020 and is the Head of Information Technology. He is responsible for the functioning and high availability of systems used by Brokerage, Asset Management, Investment Banking and Real Estate groups within Alistithmar Capital. He also fulfils strategic needs of business groups by translating the technology requirements into well executed projects.  Navindra’s duties include leveraging technology to improve efficiency, effectiveness and growth and enforcing sound IT processes within laid out information security policies and compliance framework.

He carries over 16   years of extensive cross-functional experience in delivering IT strategy. Navindra holds MBA from University of Sri Jayewardenepura, Sri Lanka.

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Mutaib Bin Shaman
Head of Brokerage & Asset Management Operations

Mutaib, Head of Brokerage & Asset Management Operations at Alistithmar Capital, has been appointed in 2018. He has more than 22 years of experience in investment operations and custody services in the financial services sector with local and CGG companies.

Mutaib is instrumental in managing and overseeing operations of local and international brokerage services, asset management and custody at Alistithmar Capital, ensuring the delivery of high-quality financial solutions.

He holds a Bachelor’s degree in Marketing from King Abdulaziz University, And holds advance certificates in the fields of technology, management and finance.

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Zahoor Amanullah, FCA, FCMA – CFO
Chief Financial Officer

Zahoor is the CFO at Alistithmar Capital.  He joined Alistithmar Capital in January 2012. 

Zahoor has more than 30 years of experience in finance and accounting field. 

Prior to joining Alistithmar Capital, he held numerous leaderships positions in multiple organizations, including the position of CFO at SAIB BNP Paribas Asset Management in KSA, the position of CFO & Company Secretary at PICIC Asset Management Company Limited in Pakistan and the position of Finance Manager at Pak Asian Fund. Ltd in Pakistan.

Zahoor is a Chartered Accountant and Cost & Management Accountant from Pakistan and currently holds fellow membership of Institute of Chartered Accountants of Pakistan and Institute of Cost & Management Accountants of Pakistan.


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Omar Khani
Head of Investment Banking

Omar joined Alistithmar Capital in 2024 as Head of Investment Banking. He leads the team responsible for executing Equity Capital Markets (ECM), Debt Capital Market (DCM), Mergers and Acquisitions (M&A), Private Placements and Strategic Advisory. Prior to joining Alistithmar Capital, Omar held various positions at several local and regional banks and investment companies. Where he advised and executed a wide range of transactions, including IPOs, Rights Issues, Sukuk and M&As.

Omar holds a Bachelor's degree of Business Administration from Eastern Michigan University, USA

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Hisham Alhagbani
Head of Compliance & AML/CTF

Hisham is overseeing the compliance, AML/CTF areas at Alistithmar Capital. He Joined ICAP in 2025 and has more than 10 years of experience in Compliance, AML/CTF, Operational Risk and Corporate Governance in Banking and Asset Management industries. Prior to joining Alistithmar Capital, he worked for ANB Capital as Acting Head of Compliance & AML. 

Hisham holds a BA in Business Administration from King Faisal University. 

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Mazhar Khan
Chief Risk Officer

Mazhar Khan is the Chief Risk Officer at Alistithmar Capital. He is responsible for the management and control of market, credit and operational risk exposures arising through all business activities. In addition, within the broad scope of Risk Management, he is also responsible for the Credit Administration and Information Security functions of ICAP from an overall risk control perspective. He previously held Head of Risk positions in various Capital Market Institutions, and has 17 plus years of experience across Brokerage, Margin Lending Business, Asset Management, Investment Banking, Company valuation, Quantitative Analytics, Private Equity, Banking & Financial services industry. He joined Alistithmar Capital in February 2025. 

Sharia Governance:

In line to comply with Sharia governance general practices requirements and legislation issued by the Capital Market Authority.

To achieve this, ICAP have appointed Sharia Review Bureau (“SRB”) to adhere to the best practices and guidelines required for Sharia Governance.

SRB will undertake the tasks of managing Sharia discussions related to the company activities, structuring products, and issuing Sharia reports, in addition to working to raise the level of compliance with Sharia controls and standards in the Company.

Alistithmar Capital provides its customers with a number of Shariah Compliant Investment products which includes Shariah Compliant Funds, Murabaha, Equity and Structured products.

SRB will ensure the complete independence of the committee members, making the decision-making and Sharia confirmation processes effective.

Sharia Committee:

For the purpose of effective Sharia governance and supervision, two renowned and qualified Sharia scholars have been assigned. The Sharia Committee independently issues pronouncements, and these rulings are binding on us. The names of the Sharia Committee members are provided below:

Sheikh Dr. Salah Fahad Al Shalhoob
Chairman

A Sharia scholar who procured his PhD from Edinburgh University (UK) and Masters from Imam Muhammad bin Saud Islamic University (KSA). He has led a broad range of engagements in the US, Europe, and the GCC, focusing on banking and investment products, real-estate acquisitions, Islamic Insurance management, listed securities, and private equity fund. His product-based experience spans sukuks, home mortages, leasing, and SME Financing and asset management transactions.

He wrote many research and articles related to the Islamic banking sector that were published in many newspapers, most notably Al-Eqtisadiah newspaper.

Shaikh Dr. Sulaiman bin Muhammad Al-Juwaiser
Member

A Sharia advisor. He has acquired his master’s and doctorate degree in Sharia from Imam Muhammad bin Saud Islamic University, Kingdom of Saudi Arabia. In addition to this, he holds several professional certificates in Islamic Banking and Takaful insurance and has actively contributed by presenting innovative financial products.