Alkhair Capital becomes first Saudi financial institute with offices in KAFD

Alkhair Capital, a leading Riyadh-based, Shariah-compliant financial institute, announced Saturday the move of their offices to King Abdullah Financial District (KAFD). Alkhair Capital is a CMA-authorised financial institute, established in 2009 in Riyadh.

Today, Alkhair Capital has around SR10 billion of assets under management and holds a fully-fledged license to provide investment products and Sharia-compliant financial services.

Standing in the new offices, Alkhair Capital Managing Director and CEO Khalid Al Mulhim, commented: “Our new offices place us firmly in the centre of the Kingdom’s economic future. KAFD is becoming an increasingly important financial hub in what is the Middle East region’s only G-20 economy.” — SG