About Watheeq

2015

Founding Watheeq as a Financial Advisory Firm

At the establishment stage, The Ministry of Trade had licensed Watheeq as an official financial advisory firm for non-financial securities.

2018

Transforming into Watheeq Financial Services

In means to grow, Watheeq has turned into a well-established financial services firm licensed by the Capital Market Authority (CMA) of Saudi Arabia as a non-real estate private fund manager, advisory, and arranging firm for financial securities on 9/12/2024. Accordingly, Watheeq managed to expand its clientele, including companies and sophisticated investors.

2021

Introducing a Variety of Financial Services and Products

Furthermore, Watheeq has begun providing its clients with a diverse selection of innovative financial investment products and services that are Shariah-compliant.

2024

Expand to a Fully Integrated Financial Firm

The launch phase marks the beginning of unlimited expansion as a fully integrated financial services company, offering advisory, structuring, investment management, and fund operation services in securities business.

Watheeq Ecosystem

Watheeq Capital is a Saudi closed joint-stock company, registered with the Ministry of Commerce under Commercial Registration No. (1010458270) and Unified Number (7004644532). The company was established under a license from the Capital Market Authority (CMA) on February 18, 2018, to conduct activities in investment management, arrangement, and advisory services in securities, under license No. (18189-32). Its operations officially commenced on October 28, 2018, with a paid-up capital of SAR 5,000,000.

In line with its expansion strategy, Watheeq Capital obtained approval from the CMA in January 2024 to increase its paid-up capital to SAR 20,000,000, aiming to strengthen its capabilities in delivering integrated and diversified investment products and services.

Headquartered in Riyadh, Watheeq Capital focuses on developing innovative investment solutions with a strategy tailored to meet the needs of diverse client segments, including individuals, institutions, and corporations. The company is committed to providing licensed financial solutions and products designed to align with investors’ aspirations, governance requirements, and regulatory compliance.

Watheeq Capital brings together a professional team of qualified Saudi talents and experts specialized in investment, finance, and asset management. The team works collaboratively with high professionalism to build long-term strategic partnerships with clients.

The company aspires to be a trusted partner in wealth management and growth, offering financial solutions built on professional principles, higher standards, and a team fully compliant with the systems and regulations of the Capital Market Authority in the Kingdom of Saudi Arabia.

Watheeq Values

Vision

To be the trusted and preferred investment partner for our clients by providing innovative and sustainable financial solutions that achieve added value for the client, and support long-term wealth growth.

Mission

At Watheeq, we are committed to providing highly efficient financial services and products, focusing on transparency, integrity, and innovation through effective strategic partnerships with our clients, with the aim of enabling them to achieve their investment goals with confidence and sustainability.

قيم وثيق

Client First

The success of our clients is the essence of our success, and they represent our true capital.

Professionalism and Quality

We adhere to the highest professional and regulatory standards to ensure transparency and integrity in all our dealings.

Sustainable Innovation

We develop flexible and innovative investment solutions that meet market aspirations and keep pace with its rapid development.

Effective Partnership

We seek long-term relationships based on cooperation and mutual trust with all our partners.

Institutional Excellence

We are keen to develop a motivating work environment that supports talents and contributes to achieving outstanding institutional performance.

Board of directors

Muhammad bin Abdulmuhsin Alaiban

Chairman

Abdullah Al Muhareb

Vice President

Mr. Ibrahim Mohammed Alalwan

Board Member - Managing Director

Abdulaziz Mohammed AlTuriqi

Board Member

Salaah Abdullah Alrashoud

Independent Board Member

Ibrahim Alalwan

Managing Director

Abdullah Al Muhareb

CEO

Hisham Rabea Shurrab

Head of Investment Banking

Ashar Saleem

Head of Asset Management

Mohammed Alsanidi

Real Estate Fund Manager

Mohammed AlDubayan

Business Development Manager

Mohammed Alshekh

Finance manager

Khaled Shebly

Manager of Alternative Investments

Abdulaziz Almuhareb

Support Services Manager

Organizational Structure

Company Profile

Audited financial statements for the year 2024

Audited financial statements for the year 2023

Yearly Report 2024