Aljazira Capital Company Profile

Background

Overview

Aljazira Capital is a Saudi Arabian closed joint-stock company, wholly owned by Bank Al Jazira, operating under the regulatory supervision of the Capital Market Authority. Established in 2007, the company specializes in securities business, offering services such as dealing, underwriting, managing, arranging, advisory, and custody. As of Q1 2022, Aljazira Capital managed assets totaling $2.7 billion.

Mission and Vision

Aljazira Capital is committed to providing a comprehensive range of modern investment products and services to help clients achieve their investment goals. The company's vision is to be a regional provider of world-class Shariah-compliant investment solutions to individuals and institutional clients.

Industry Significance

Aljazira Capital holds a significant position in the Saudi Arabian financial sector, recognized for its Shariah-compliant investment offerings and comprehensive suite of services. The company has been listed among the Middle East's top asset management firms, reflecting its substantial impact and reputation in the industry.

Key Strategic Focus

Core Objectives

Aljazira Capital aims to maintain its leading market position by continuously investing in its expert team and modern technologies to deliver a wide range of digital services that meet the evolving needs of its customers.

Areas of Specialization

The company specializes in securities business, providing services such as dealing, underwriting, managing, arranging, advisory, and custody. Additionally, Aljazira Capital offers asset management, brokerage services, investment advisory, Sukuk and fixed-income investments, and research and market insights.

Key Technologies Utilized

Aljazira Capital invests in applying and deploying modern state-of-the-art technologies to deliver a wide range of digital services that meet the changing needs of its customers.

Primary Markets Targeted

The company primarily targets the Saudi Arabian market, offering services to both individual and institutional clients. Aljazira Capital also provides brokerage services across MENA and international markets, expanding its reach beyond the local market.

Financials and Funding

Funding History

Aljazira Capital is a wholly owned subsidiary of Bank Al Jazira, which is a publicly listed company on the Saudi Stock Exchange (Tadawul). The company operates under the regulatory supervision of the Capital Market Authority, ensuring compliance with financial regulations.

Total Funds Raised

Specific details regarding the total funds raised by Aljazira Capital are not publicly disclosed.

Recent Funding Rounds

There is no publicly available information regarding recent funding rounds for Aljazira Capital.

Notable Investors

As a wholly owned subsidiary of Bank Al Jazira, Aljazira Capital's primary investor is Bank Al Jazira itself.

Intended Utilization of Capital

Aljazira Capital utilizes its capital to expand its brokerage capabilities, offer value-added services across MENA and international markets, and provide a full suite of securities business.

Pipeline Development

Specific details regarding Aljazira Capital's pipeline development, including key pipeline candidates, stages of clinical trials or product development, target conditions, and relevant timelines for anticipated milestones, are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Aljazira Capital has developed the Aljazira Capital App and Platform to consolidate its investment products in one place with an innovative and user-friendly interface, assisting clients in making informed investment decisions.

Significant Scientific Methods

The company employs advanced technologies and digital platforms to enhance its service offerings, though specific scientific methods or AI-driven capabilities are not detailed in the available information.

Leadership Team

Executive Profiles

Mr. Naif Almesned: Chief Executive Officer and Managing Director. Mr. Almesned has held various executive positions, including Managing Director of the Wealth Management Division at NCB Capital. He holds a Master's degree in Business Administration from Clark University, USA.

Mr. Sultan Al-Mutawa: Head of Wealth Management and Securities. With over 21 years of experience in sales and marketing of securities services and investment products, Mr. Al-Mutawa holds a Bachelor's degree from King Saud University.

Mr. Abdulaziz AlEnezi: Head of Asset Management. Mr. AlEnezi has more than 19 years of experience in the asset management industry, serving various institutions and individuals. He holds a degree in Economics and Business Administration from Jacksonville State University, USA.

Mr. Marco Mauri: Chief Investment Officer. With over 25 years of experience in asset management and financial markets, Mr. Mauri holds an EMBA from INSEAD and a Master's degree in Finance from Cattolica Sacro Cuore University, Italy.

Mr. Bandar Abdulaziz Al Hogail: Head of Real Estate. Mr. Al Hogail has over 16 years of experience in asset management and real estate investments, holding an MBA in Finance and Banking from Bangor University, UK.

Mr. Asim Mumtaz: Head of Investment Banking. Mr. Mumtaz has experience in mergers and acquisitions, private placements, and equity and debt capital markets, holding an MBA in Finance from Wilfred Laurier University, Canada.

Mr. Saad Alghirairy: Chief Strategy & Business Development Officer. With over 13 years of experience in the Capital Market Authority and other entities, Mr. Alghirairy holds an MBA from Barry University and a Bachelor's degree in Business Administration/Finance from King Saud University.

Mr. Ali Alqaraawi: Chief Operating Officer. Mr. Alqaraawi has over 22 years of experience in digital technology, operations, business development, and project management, holding an MBA from Hong Kong University and a Bachelor's degree in Software Engineering from KFUPM.

Mr. Syed Mohsin Ali: Chief Financial Officer. With over 20 years of experience in finance departments of prominent banks and multinational companies, Mr. Ali is a fellow Chartered Accountant from the Institute of Chartered Accountants of Pakistan.

Mr. Ahmed Bin Nassar: Chief of Governance, Risk and Compliance Group. Mr. Bin Nassar has over 20 years of experience in the financial sector, specializing in banking regulations and risk management, holding an MBA from Eastern Michigan University.

Mr. Fahad Al-Hudaib: Chief Human Capital Officer. Mr. Al-Hudaib has experience in human resources, including training, recruitment, and employee care, holding a Master's degree in Leadership & Management from the University of La Verne, USA.

Competitor Profile

Market Insights and Dynamics

The Saudi Arabian financial sector is characterized by a growing demand for Shariah-compliant investment solutions, driven by both local and regional investors seeking ethical investment opportunities. The market is competitive, with several key players offering a range of services to meet diverse client needs.

Competitor Analysis

Sidra Capital: A Saudi Arabian investment bank and asset management company, licensed by the Saudi Arabian Capital Market Authority, offering services including corporate finance, investment banking, and real estate.

Waha Capital: An Abu Dhabi-listed investment company managing assets across sectors such as aircraft leasing, healthcare, financial services, energy, infrastructure, and industrial real estate.

Strategic Collaborations and Partnerships

Specific details regarding Aljazira Capital's strategic collaborations and partnerships are not publicly disclosed.

Operational Insights

Aljazira Capital maintains a strong market position through its comprehensive suite of Shariah-compliant investment services, leveraging its expertise and technological advancements to meet the evolving needs of its clients.

Strategic Opportunities and Future Directions

Aljazira Capital continues to focus on expanding its brokerage capabilities, offering value-added services across MENA and international markets, and providing a full suite of securities business to strengthen its market position and drive future growth.