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-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 Capital Company received a license from the Capital Market Authority (License No. 18189 – 32) on 27-02-2018 to provide advisory, structuring, investment management, and fund operation services in securities business. The company commenced operations on 28-10-2018.

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

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

Abdulaziz Almuhareb

Support Services Manager

Mohammed Alshekh

CFO

Hisham Rabea Shurrab

Head of Investment Banking

Khaled Shebly

Director of Alternative Investments

Muhammad Sami Mustafa Jarouda

Head of Marketing Department

Mohammed AlDubayan

Business Development Manager

Youssef kassantini

Portfolio Management Director

Organizational Structure