Al Ahli Capital
Saudi capital markets firm and subsidiary of Saudi National Bank covering asset management, wealth management, securities services and investment banking from Riyadh. It trades as SNB Capital and uses the AlAhli name for its brokerage platform and funds.
Industry: Asset management and investment banking | Location: Riyadh, Saudi Arabia | Founded: 2007
About Al Ahli Capital
Al Ahli Capital is the AlAhli-branded capital markets business of Saudi National Bank, the lender formed on 1 April 2021 when National Commercial Bank, also known as AlAhli Bank, merged with Samba Financial Group. Saudipedia lists Alahli Capital Company as a Saudi joint stock company that provides investment services and asset management for the bank. The bank's capital markets arm presents itself publicly as SNB Capital, headquartered in Riyadh, and uses the AlAhli name for its online trading platform, AlAhli Tadawul, and for several funds, including AlAhli REIT Fund (1).
The Capital Market Authority licensed the firm on 24 December 2006, and it began operating on 25 June 2007, according to its website. Forbes Middle East says it was founded in 2007 as NCB Capital, the investment banking and asset management arm of National Commercial Bank, and became SNB Capital in 2021 when Samba Capital and Investment Management merged with it. Rashed Sharif is chief executive and a board member, and Abdullah Abduljabbar, chief executive of Sanabil Investments, is chairman, according to the firm's leadership page.
The website lists asset management, wealth management, securities services covering custody, clearing, brokerage and settlement, investment banking, and principal investments as its business lines, plus a unit in the Dubai International Financial Centre that oversees private funds. The legal entity has paid-up capital of SAR 1.5 billion. The firm says it holds ISO/IEC 27001:2022 certification from SGS and an Aramco cybersecurity compliance certificate issued by Baker Tilly.
In June 2022 it partnered with stc to manage the telecom company's employee savings plan, according to Forbes Middle East. Its awards page lists Investment Bank of the Year and Merger and Acquisition of the Year at the 2024 Saudi Capital Market Awards, run by Saudi Tadawul Group.
The firm's news page shows notices in 2026 about changes to the board of AlAhli REIT Fund (1) on 3 September and to the boards of several other funds on 5 August. TechScoop reported on 2 July 2026 that Al Ramz Real Estate has larger funds with Al Ahli Capital and with Al Rajhi Capital.
Leadership
- Rashed Sharif, Chief Executive Officer and Board member
- Abdullah Abduljabbar, Chairman
- Saud Bajbair, Vice Chairman
- Abdullah Alnahdi, Chief Financial Officer
- Naif Al-Saif, Chief Investment Officer
- Faisal Al-Ansi, Chief Operating Officer
- Zaid Ghoul, Head of Investment Banking
- Jalal Faruki, Head of Securities