Overview
AlKhair Capital is a leading financial services company with extensive experience in asset management, advisory services and private equity across international and regional financial institutions. Founded in 2009, based in Riyadh with registration number 1010264915 dated in 27/03/1430 H. A paid-up capital of 1,000,000,000 SAR, we have a unique position among Islamic Financial Institutions, with a presence in different leading Islamic Finance hubs. We successfully operate in Fund and Investment Management, Corporate Finance and Capital Markets as well as Private Equity. Our strong management team strives to deliver exceptional value and tailored Sharia-compliant solutions to our clients and shareholders. We are also pioneers in Islamic Products having advised and structured many successful transactions to date.
Currently, Al Khair Capital dealing in the following stock exchange markets:
1- Saudi Stock Exchange (Tadawul)
2- Abu Dhabi Securities Exchange (ADX).
3- Dubai Financial Market (DFM).
The major shareholder in Alkhair Capital Saudi Arabia is Bank Alkhair. Founded in 2004 and headquartered in Bahrain, Bank Alkhair is an Islamic wholesale bank with subsidiaries.
Vision
To be the leading Shari’ah Compliant investment services provider in the Arabian Gulf, offering the most diverse products and the most distinguished service.
Mission
We aim to archive rewarding return for our clients through our services and products, which are subject to Islamic Shari’ah standards, in compliance whit all laws, regulations and decisions issued by the regulators in All Jurisdiction Where Alkhair Capital operates.
Values
- Integrity in financial transactions
- Protecting our clients’ investments
- Attract and develop National talents
Board Members

Yousef Al-Shalash
Chairman of Board of Directors

Abdullatif Al-Shalash
Member of the Board of Directors, Non-Executive

Majed Alqasem
Member of the Board of Directors, Non-Executive
Majed Al Qasem is a Non-Executive Director of Dar Al Arkan Real Estate Development Company, he is also an Independent Board member of Bank Alkhair. He spent almost 10 years as a member of the Investigation & Attorney General Bureau in Saudi Arabia.
Mr. Al Qasem has over 20 years’ experience and holds a Bachelor Degree of Islamic Studies from Imam Mohammed bin Saud Islamic University, KSA.
Khalid Al Mulhim
Managing Director & CEO
Mr. Khalid Al-Mulhim joined Alkhair Capital Saudi Arabia in July 2009. Mr. Al-Mulhim has over 16 years of experience in the financial services sector and has held senior positions in leading financial institutions in Saudi Arabia, including Samba and Arabian Capital.

Fahad Al-Ferayan
Independent Director

Abdulkarim Aldoaiji
Independent Director
Mr. Abdulkarim has extensive experience in the financial and investment sectors, where he served as the CEO of Alistithmar Capital, and worked at the Capital Market Authority in addition to several financial institutions. Mr. Aldoaiji holds a Master of Science degree in Computer Science from West Coast University, USA.
Management Team

Khalid Al Mulhim
Managing Director & CEO
Mr. Khalid Al-Mulhim joined Alkhair Capital Saudi Arabia in July 2009. Mr. Al-Mulhim has over 16 years of experience in the financial services sector and has held senior positions in leading financial institutions in Saudi Arabia, including Samba and Arabian Capital.

Talal Al-Sagabi
Chief Operating Officer
Talal joined Alkhair Capital Saudi Arabia in 2012 and has over 10 years’ experience in the operations of Financial Institutions and Capital Markets such as Samba Financial Group and Al Rajhi Capital. He is also a Certified Business Operational Professional (CBOP®). Talal is currently the Acting Chief Operating Officer, He is instrumental in driving the deals and transactions for the overall operations relating to Alkhair Capital Saudi Arabia.

Talal Al Abdulkarim
CEO’s Advisor
Talal A. Al-Abdulkarim joined Alkhair Capital Saudi Arabia in July 2012 and has over 15 years of experience in the financial services in sector Kingdom Of Saudi Arabia including Riyadh Bank, Albilad Bank and Arabian Capital.

Ziad Azzam
Head of Corporate Finance and Investment Banking
Ziad earned an MBA from the University of Chicago, Booth School of Business and a Bachelor of Business Administration from the American University of Beirut. He has over 18 years’ investment banking and alternative investments experience, served with regional and international institutions. Prior to joining Alkhair Capital, Ziad assumed several positions and increasing responsibilities with CIB, Bank Julius Baer, NBK Capital, and Andersen. He advised on high-profile transactions in mergers and acquisitions, equity- and debt-capital markets, and private-equity transactions across sectors, namely Healthcare and Pharma, FMCG, Education, Industrial and Manufacturing, and Real Estate and Construction. Ziad served on the boards and executive committees of several private-equity portfolio companies across several markets and sectors.

Mansour Habadi
Chief Governance and Compliance Officer
Mansour Habadi joined Alkhair Capital Saudi Arabia in January 2016 and has over 7 years of experience in the Capital Market rules, regulations and its violation in the Kingdom Of Saudi Arabia, as he was working with Capital Market Authority.
Mansour has a master degree in International Accounting, Finance and Strategy from Sussex University- UK, and a Bachelor of Accounting from King Abdulaziz University.

Waheed Bangash
Chief Financial Officer
Waheed Bangash joined Alkhair Capital Saudi Arabia in June 2017. Mr. Bangash has overall 22 years of work experience. He started professional career with Ernst & Young Bahrain in Assurance and Advisory Business Services and held a number of senior positions in organizations such as Eskan Bank Bahrain, SEDCO Holding Jeddah and has worked in public services as well. Mr. Bangash holds professional degree (ACCA - Fellowship) from UK, BSc (Hon) from Oxford Brookes University UK, Certified Islamic Finance Executive, Dubai and Higher Diploma in Software Engineering, Bahrain.

Rayyan Alkhowaiter
Deputy CEO
Rayyan has over 17 years’ experience in the semi-government sector as well as extensive experience in Capital Market rules and regulations, corporate restructuring and strategic planning, and Real Estate investment. He has held several managerial positions, namely as Contacts Advisor at SAUDI ARAMCO and while at the Capital Market Authority he held positions such as Head of Investment Funds and Offering Violation Unit, Head of Investor Protection Department and Head of Enforcement Department. Rayyan holds a BSC in Industrial Engineering from King Saud University and an MBA from the American University in Dubai.

Abdullah AlSudais
Head of Brokrage

Mohammed Alsmari
CEO Advisor

Mazen Abouatie
Head of Asset Management
Shari’ah Supervisory Board

Sheikh Dr. Yousef Abdullah Al Shubaily
PhD – member
Dr. Yousef holds a Bachelor’s degree in the Faculty of Sharia and the Fundamentals of Islam in Al-Qassim as well as a Master’s and Doctorate from the Department of Comparative Jurisprudence at the Higher Institute for the Elimination of Imam Muhammad bin Saud Islamic University in Riyadh University. He has worked as a researcher on the Board of Grievances, as a lecturer and secretary of the Department of Comparative Jurisprudence Higher Institute of the Judiciary, as well as an agent of the Department of Comparative Jurisprudence Higher Institute of the Judiciary. He was then sent to teach in the Islamic Studies Department at the Institute of Islamic and Arabic Sciences in America. Dr. Yousef became a member of the teaching Department of Comparative Jurisprudence at the Higher Institute of the Judiciary, the Saudi Jurisprudence Assembly as well as an adviser to many of the legitimate bodies of Islamic banks and financial and economic institutions. He has held a number of senior positions, including Assistant Professor, Department of Fiqh at the Higher Institute of Sciences Islamic and Arab in America, as well as an Assistant Professor of Imam Muhammad bin Saud Islamic University.