About Watheeq

  • 2015

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 license number 1429.

  • 2018

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. Accordingly, Watheeq managed to expand its clientele, including companies and sophisticated investors.
  • 2021

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

2024

Expand to a Fully Integrated Financial Firm

Moving forward, Watheeq plans to expand as a fully integrated financial firm and disrupt the industry.

Watheeq Ecosystem

Watheeq Capital is a Saudi-based closed joint-stock company (CR number 1010458270 Date 25/12/1439 Hijri) with a paid-up capital of SAR 5 million based in Riyadh. Watheeq has been licensed by the Capital Market Authority (CMA) of Saudi Arabia on 13 March 2018, with a license number of 18189-32 as an investment management, arranging, and advisory firm for financial securities.

It has officially begun its operations on 28 October 2018. Since its establishment, Watheeq is constantly working to lead the financial industry by developing and structuring innovative investment products and services that are Shariah-compliant for its clients.

The team consists of collectively varied experienced professionals with an exceptional network from the heart of the capital Riyadh throughout the globe while being the first Saudi investment management firm licensed by CMA that is fully-owned by professional partners.

Accordingly, Watheeq works tirelessly to provide optimal investment opportunities tailored and aligned with its clients’ goals and expectations while providing a range of financial services with the world’s best practices within a fully functional ecosystem.

Watheeq Values

Clients’ interest and trust in us and their prosperity is the source of our strength.
 
High professional and ethical standards are the constitution of our work
Creativity in developing products and services is our priority.

Board of directors

Muhammad bin Abdulmuhsin Alaiban

Chairman

Abdullah Al Muhareb

Vice President, CEO and Director of Asset Management

Mohammed AlShowair

Board Member & Audit Committee Chairman

Abdulaziz Mohammed AlTuriqi

Board Member

Mr. Ibrahim Mohammed Alalwan

Board Member - Managing Director

List of shareholders

Ibrahim Alwan
0%
Abdullah Al Muhareb
0%

Name

Ibrahim bin Muhammad Alwan

Abdullah Al Muhareb

Percentage

0 %
0 %

Abdullah Al Muhareb

Vice President, CEO and Director of Asset Management

Mohammed Alshekh

CFO

Hisham Rabea Shurrab

Head of Investment Banking

Khaled Shebly

Director of Alternative Investments

Muhammad Sami Mustafa Jarouda

Head of Marketing Department

Organizational Structure

Watheeq Capital is a Saudi-based closed joint-stock company with a paid-up capital of SAR 20 million. Watheeq has been licensed by CMA (license number 18189-32), as an investment management, arranging, and advising firm for financial securities.

 
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Contact Us

Riyadh – Al Malqa – Prince Muhammad bin Saad bin Abdulaziz St. – Tawq Ward Complex – 1st Floor Office No. 10,11,12 Building No. 6797 – Postal Code 13512 – Extension No. 2535

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