GULF UNION ALAHLIA
14.47   | 
SEERA
22.32   | 
LIVA
15.05   | 
SENAAT
27.22   | 
SHAKER
12.05   | 
NASEEJ
16.60   | 
Saudi Ceramics
25.26   | 
Astra Indust.
135.20   | 
MAADEN
66.60   | 
SAUDI DARB
2.21   | 
BCI
25.26   | 
Alkhaleej Trng
14.32   | 
Saudi Enaya
11.08   | 
AMANA Insurance
8.03   | 
GACO
12.35   | 
Taiba
19.24   | 
YCC
15.44   | 
Arabian Shield
12.08   | 
SCC
8.12   | 
SARCo
54.75   | 
GO TELECOM
86   | 
Takween
4.71   | 
SISCO HOLDING
38.88   | 
Kingdom
14.21   | 
Wataniya
15.11   | 
NADEC
15.23   | 
SINAD HOLDING
8.62   | 
SAICO
11   | 
AYYAN
9.81   | 
Red Sea
23.43   | 
Bahri
35.26   | 
Jarir
16.28   | 
Bupa Arabia
158.10   | 
City Cement
10.24   | 
Najran Cement
5.52   | 
Tawuniya
136.60   | 
Trade Union
8.09   | 
Advanced
23.52   | 
SIDC
15.68   | 
ASLAK
18.40   | 
Emaar E .C
9.88   | 
YANSAB
33.98   | 
ALAKARIA
15.23   | 
NGC
13.14   | 
Fitaihi Group
2.41   | 
Saudi Re
25.56   | 
SAB
34.20   | 
ALJOUF
39.86   | 
AICC
8.79   | 
AL Babtain
60.10   | 
SAIC
16.54   | 
SRMG
60.50   | 
Almarai
47.30   | 
GASCO HOLDING
63.65   | 
TECO
14.28   | 
BSF
21.83   | 
Sharqiya Dev Co
14.43   | 
SIB
14.95   | 
ACIG
8.33   | 
Sipchem
13.20   | 
SCC
186.20   | 
Aldrees
120.60   | 
SADAFCO
207.20   | 
Dallah Health
82.80   | 
Extra
66.40   | 
Mouwasat
65.55   | 
A.Othaim Market
4.98   | 
SPIMACO
30.86   | 
THIMAR
36.08   | 
SFICO
65.95   | 
SPM
64.95   | 
SABI QUANT ETF
45.96   | 
YAQEEN PETROCHEMICAL
24.03   | 
YAQEEN 30
49.28   | 
Jouf Cement
4.93   | 
TCC
7.32   | 
WAFRAH
22.42   | 
Tasnee
9.21   | 
ARDCO
15.80   | 
TADCO
8.99   | 
E.P.C.C.O
25.20   | 
Gulf General
4.23   | 
Southern Cement
19.70   | 
Walaa Insurance
11.67   | 
Maadaniyah
12.22   | 
KEC
20.80   | 
Petro Rabigh
18.34   | 
SABIC AGRI-NUTRIENTS
129.80   | 
ZAIN KSA
10.26   | 
Mubarrad
2.01   | 
FIPCo
36.54   | 
SPPC
8.24   | 
CATRION
69.90   | 
Herfy Foods
15.74   | 
H B
31.76   | 
TAPRCO
21.12   | 
Alinma
25.22   | 
GIG
32.02   | 
QACCO
45.60   | 
SALAMA
8.83   | 
Dar Al Arkan
19.33   | 
MESC
34.72   | 
Etihad Etisalat
65.30   | 
MCDC
81.05   | 
Alujain
27.18   | 
Budget Saudi
31.78   | 
Anaam Holding
12.25   | 
ALBILAD
25.78   | 
ACE
18.72   | 
Saudi Cement
28.46   | 
MUTAKAMELA
13.39   | 
APC
5.64   | 
RIBL
20.70   | 
BJAZ
12.15   | 
Sabic
49.54   | 
SVCP
20.59   | 
CHEMANOL
29.30   | 
STC
43.88   | 
Amiantit
12.92   | 
Jabal Omar
18.02   | 
SASCO
43.30   | 
Al Rajhi Takaful
55.25   | 
YC
23.16   | 
MEDGULF
16.98   | 
SAUDI ENERGY
16.62   | 
UCA
3.49   | 
Saudi Kayan
5.39   | 
ZOUJAJ
37.90   | 
CENOMI RETAIL
17.77   | 
SSP
55.30   | 
SAPTCO
11.90   | 
Al Rajhi
66.50   | 
ACC
21.66   | 
ARNB
22.78   | 
Malath Insurance
10.30   | 
JAZADCO
8.18   | 
Sagr Insurance
11.51   | 
ARTEX
11.24   | 
Care
119   | 
SIIG
12.40   | 
SAVOLA Group
26.46   | 
SIECO
2.26   | 
Northern ement
6.66   | 
Jazira Takaful
11.60   | 
Farm Superstore
12.10   | 
SNB
42.42   | 
Bawan
36.72   | 
UACC
12.18   | 
BAAN
2.05   | 
Al Hammadi
24.62   | 
EIC
15.37   | 
SGS
26.48   | 
AlYAMAMAH STEEL
36.40   | 
LAZURDE
10.47   | 
OASIS
2.75   | 
AL MAATHER REIT
8.83   | 
SACO
20.65   | 
MULKIA REIT
4.47   | 
ALANDALUS
14.80   | 
Al Jazira REIT
11.50   | 
Taleem REIT
10.58   | 
Mepco
18.32   | 
RIYAD REIT
4.93   | 
JADWA REIT ALHARAMAIN
4.75   | 
Saudi German Hosptl
33.40   | 
MUSHARAKA REIT
3.48   | 
JADWA REIT SAUDI
9.67   | 
Al RAJHI REIT
7.93   | 
ALAHLI REIT 1
7.02   | 
LEEJAM SPORTS
78.65   | 
AL AZIZIAH REIT
4.58   | 
DERAYAH REIT
5.32   | 
CENOMI CENTERS
16.40   | 
MAHARAH
4.63   | 
NBM
47.84   | 
Bonyan REIT
9.87   | 
MEFIC REIT
3.29   | 
Swicorp Wabel REIT
4.70   | 
ATAA
44   | 
MIS
299.20   | 
SEDCO CAPITAL REIT
7.29   | 
ALASEEL
3.50   | 
RAYDAN
16.56   | 
Ministry of Finance GS Al Istithmar 3.1 Jul35
81.9110   | 
BINDAWOOD
4.65   | 
ABO MOATI
41.22   | 
ALOMRAN
20.08   | 
AmlakInternationalFinance
8.67   | 
SAUDI ARAMCO
26.04   | 
ALINMA SUKUK
10.29   | 
BAAZEEM
5.46   | 
ALBILAD GOLD
23.02   | 
NCLE
140   | 
ALBILAD SOVEREIGN SUKUK
8.33   | 
SULAIMAN ALHABIB
231.10   | 
ARAB SEA
3.83   | 
Al Kathiri
1.20   | 
Ministry of Finance GS Al Istithmar 3.68 Mar50
72.83   | 
ALKHABEER REIT
5.63   | 
AWPT
97.45   | 
WATANI STEEL
2.07   | 
NGDC
26.50   | 
ALNAQOOL
46.88   | 
Alkhabeer Income
4.74   | 
THEEB
20.97   | 
FESH FASH
4.34   | 
SADR
2.49   | 
SOLUTIONS
217.60   | 
ALHASOOB
35.10   | 
INMAR
20.50   | 
ALARABIA
61.80   | 
TADAWUL GROUP
129.10   | 
ALMUNAJEM
61.10   | 
MOBI INDUSTRY
11.55   | 
DWF
90.95   | 
AICTEC
1.32   | 
ACWA
191.30   | 
GROUP FIVE
59.15   | 
NAYIFAT
10.09   | 
TANMIAH
62.30   | 
AME
69.60   | 
HILWA
2.09   | 
SHL
14.70   | 
FADECO
38.88   | 
DMSCO
38.28   | 
AMWAJ INTERNATIONAL
15.50   | 
EQUIPMENT HOUSE
28.28   | 
SPC
15.99   | 
NASEEJ TECH
22   | 
EAST PIPES
205.90   | 
AQASEEM
3   | 
TADWEEER
5.10   | 
TIBBIYAH
17.29   | 
ALBILAD US
16.69   | 
AMAK
84   | 
ELM
617   | 
NAHDI
92.10   | 
EDARAT
270   | 
FUTURE CARE
1.59   | 
MARAFIQ
45   | 
ACADEMY OF LEARNING
6.60   | 
ALAMAR
42.88   | 
NAQI
56.10   | 
Al Rajhi Sukuk T1
100.10   | 
RETAL
9.87   | 
ALBABTAIN FOOD
24.40   | 
RIYADH CABLES
104.20   | 
SAUDI TOP
9.25   | 
APICO
48.92   | 
ALSAIF GALLERY
6.42   | 
ARABIAN DRILLING
96.05   | 
LUBEREF
136.90   | 
NETWORKERS
49.70   | 
NABA ALSAHA
22.99   | 
KEIR
1.23   | 
AMERICANA Foreign Compan
2.46   | 
ALWAHA REIT
9.10   | 
ALDAWLIAH
4.11   | 
Ministry of Finance Gov Sukuk Al Istithmar 3.95 Jun30
95.3710   | 
ALQEMAM
46.96   | 
BALADY
126.70   | 
KNOWLEDGE TOWER
5.06   | 
ALINMA HOSPITALITY REIT
7.51   | 
MOLAN
0.76   | 
SURE
36   | 
2P
6.74   | 
ALBILAD US TECH
25.92   | 
ALMAWARID
102   | 
HORIZON FOOD
35.02   | 
UNITED MINING
53   | 
RIMATH
28.92   | 
MULKIA
33   | 
ALRAZI
25.30   | 
DAR ALMARKABAH
0.84   | 
SUMOU
26.12   | 
BENA
32.50   | 
TAM DEVELOPMENT
63   | 
ALRASHID INDUSTRIAL
32.98   | 
SAL
170.30   | 
RIYADH CEMENT
23.24   | 
ALASHGHAL ALMOYSRA
16.39   | 
ALBILAD SAUDI GROWTH
8.13   | 
ALMODAWAT
4.75   | 
Saudi German Health Sukuk
100.03   | 
TAQAT
7.30   | 
MUNAWLA
17.66   | 
WAJA
6.50   | 
JAMJOOM PHARMA
136.70   | 
MIRAL
103   | 
ENTAJ
22.96   | 
AXELERATED SOLUTIONS
24.92   | 
Sukuk Aqaseem Factory 1
84   | 
DKHOUN
63.75   | 
FIRST MILLS
51.75   | 
SHALFA
59.20   | 
ASG
25.86   | 
ASAS MAKEEN
18.98   | 
DERAYAH
22.21   | 
ADEER
98   | 
MARBLE DESIGN
5.50   | 
TIME
18.20   | 
SMC HEALTHCARE
16.46   | 
FOURTH MILLING
4.02   | 
RATIO
2.70   | 
ALMUNEEF CO.
3.91   | 
MASAR
17.20   | 
SPORT CLUBS
8.37   | 
PURITY
22.77   | 
ALSHEHILI METAL
51.80   | 
Knowledgenet
10   | 
FOODS GATE
24.97   | 
FIRST AVENUE
3.03   | 
ALRASHEED
58.80   | 
ALKHABEER INCOME 2030
7.43   | 
MIAHONA
11.25   | 
FAKEEH CARE
38.56   | 
THARWAH
20.70   | 
TALCO
35.08   | 
HORIZON EDUCATIONAL
73   | 
ALMAJED OUD
127.10   | 
MUFEED
21.70   | 
RIYADH STEEL
1.49   | 
WSM
16.50   | 
ALFAKHERA
10.78   | 
YAQEEN
9.58   | 
ARABICA STAR
22.22   | 
AVALON PHARMA
67.25   | 
PAPER HOME
33.62   | 
KSA SUKUK 2024-04-12
105.80   | 
KSA SUKUK 2024-04-07
104.99   | 
ALISTITHMAR REIT
6.81   | 
BANAN
2.86   | 
SAB HK
12.76   | 
ALBILAD HONGKONG CHINA
11.59   | 
BURGERIZZR
7.22   | 
DRC
21.70   | 
JAHEZ
12.97   | 
BALSM MEDICAL
22.98   | 
YAQEEN ESG
10.19   | 
NEFT ALSHARQ
2.19   | 
TASHEEL
30.08   | 
SAMA WATER
2.12   | 
VIEW
2.27   | 
SMC
9.80   | 
ALMOOSA
119   | 
NICE ONE
12.30   | 
ALBATTAL FACTORY
9.40   | 
PAN GULF
19.40   | 
SEDCO MULTI ASSET
6.76   | 
QUARA
15   | 
LANA
2.37   | 
ARABIAN MILLS
41.80   | 
SMASCO
5.76   | 
RASAN
135.10   | 
MULTI BUSINESS
1.74   | 
LUMI
27.86   | 
LEAF
17.16   | 
ATLAS ELEVATORS
9.20   | 
MSGA
6.15   | 
MRNA
9.07   | 
CGS
6.70   | 
OGC
25.84   | 
AZM
27.28   | 
ALWASAIL INDUSTRIAL
3.09   | 
SERVICE EQUIPMENT
21   | 
FUTURE VISION
3.15   | 
FLYNAS
49.22   | 
HAWYIA
13.12   | 
ANMAT
9   | 
iOud Sukuk 05/2031
94.50   | 
WAJD LIFE
5.87   | 
NAF
7.55   | 
GHIDA ALSULTAN
16.20   | 
MEYAR
23.10   | 
BUILD STATION
41.26   | 
NOFOTH
6.21   | 
ALMUJTAMA MEDICAL
20.65   | 
SMILE CARE
6.25   | 
SALEH ALRASHED
41.02   | 
LAMASAT
4   | 
CMCER
5.56   | 
KSA Sukuk 2025-05-10
102   | 
CLEAN LIFE
87   | 
RIYAL
12.99   | 
MBC Group
20.15   | 
OSOOL AND BAKHEET
10.33   | 
ALMASAR ALSHAMIL
24.58   | 
JAMJOOM FASHION
105.60   | 
ALRAMZ
51.90   | 
DBS
11.95   | 
UCIC
27.16   | 
ALMAJDIAH
6.53   | 
ALKUZAMA
46.50   | 
ALBILAD SAUDI EQUITY ETF
9.58   | 
Hamad Mohammed Bin Saedan
9.51   | 
SAHAT ALMAJD
6.05   | 
UFG
29.04   | 
-
29.04   | 
CHERRY
23.79   | 
ALTWIJRI
16.55   | 
ADES
17.85   | 
GAS
17.34   | 
RAOOM
78.50   | 
KSA Sukuk 2026-01-15
99.6910   | 
LIME INDUSTRIES
11.08   | 
ITMAM
14.50   | 
HKC
28   | 
TAMKEEN
49.22   | 
MODERN MILLS
28   | 
NASEEJ
6.04   | 
ALRAJHI SAUDI EQUITY ETF
10.22   | 
Riyad Sukuk PERP
102.4010   | 
ARMAH
52.55   | 
LADUN
2.21   | 

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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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, FCCA, 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. 

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Maha Alomairi
Head of Shared Services

Maha rejoined Alistithmar Capital in May 2026 as Head of Shared Services. She previously joined Alistithmar Capital in August 2021 as Head of Human Resources and was appointed Head of Shared Services in March 2022. Prior to rejoining Alistithmar Capital, Maha served as General Manager of HR Operations at the Ministry of Finance.

Maha has over 18 years of experience across the financial, with expertise in Human Resources, Shared Services, Operations, Treasury, and Financial Analysis. Prior to her first tenure at Alistithmar Capital, she held various positions at The Saudi Investment Bank since 2012, including Head of HR Services, Treasury Financial Analyst, and Supervisor of Administrative Operations.

Maha holds a Bachelor’s degree in Finance from Ahlia University, Bahrain, and a Diploma in Accounting from King Faisal University.


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Abdullah alsanie
Head of Business Development

Abdullah Saleh Al Sanie is a seasoned executive with over 20 years of experience in investment, financial services, and business development. He has held several senior leadership positions within investment and financial institutions, including Head of Business Development at Alistithmar Capital and Acting CEO of another Investment Company.

His expertise spans business development, investment, key client management, strategic partnerships, and corporate governance, supported by extensive experience in financial markets, brokerage, and portfolio management.

He holds a Bachelor’s degree in Business Administration and professional certifications in investment, wealth management, and financial markets.

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.