Al Rajhi Capital
Riyadh-based subsidiary of Al Rajhi Bank offering brokerage, asset management and investment banking under a Capital Market Authority licence. It began operations in March 2008.
Industry: Investment banking, asset management and brokerage | Location: Riyadh, Saudi Arabia | Founded: 2008
About Al Rajhi Capital
Al Rajhi Capital is the investment banking, asset management and brokerage subsidiary of Al Rajhi Bank, based in Riyadh. Its website describes it as a closed joint stock company fully owned by the bank, with paid-up capital of SAR 500 million.
The Capital Market Authority issued licence 07068-37 on 19 June 2007, and the company began operations on 18 March 2008. The licence covers dealing, underwriting, fund and portfolio management, arranging, advising and custody. Hossam Essam Al-Basrawi became chief executive in March 2025, according to People Matters. He was previously general manager of corporate banking at Al Rajhi Bank. Abdullah bin Sulaiman bin Abdulaziz Al Rajhi chairs the board as a non-executive member.
Brokerage covers local shares, Gulf and international markets and the Nomu parallel market. Asset management covers mutual funds, exchange-traded funds, discretionary portfolios, real estate investments and Al Rajhi REIT. Investment banking covers sukuk, equity and debt capital markets and advisory work. The company also provides research and securities services and runs the Al Rajhi eTadawul online platform and a mobile app that its homepage says gives access to more than 37 markets and funds starting from SAR 10. Its about page reports 16 offices in Saudi Arabia and about 230 investment professionals.
Awards listed on its site include Best Broker and Best Research House at the 2021 Saudi Capital Market Awards, and Asset Manager of the Year from Euromoney Global Investor in 2021.
In January 2026 Al Rajhi Bank named the company among the joint lead managers for its planned US dollar social Additional Tier 1 sukuk. In May 2026 the Capital Market Authority approved public offerings of the Al Rajhi GCC Equity Fund and the Al Rajhi GCC Equity Income Fund. Eye of Riyadh reported on 26 July 2026 that the company launched its fifth indirect financing fund, a closed-end private fund with assets above SAR 1.8 billion that invests in personal financing portfolios. The website does not state assets under management, revenue or profit.
TechScoop reported on 2 July 2026 that Al Ramz Real Estate has larger funds with Al Rajhi Capital.
Leadership
- Hossam Essam Al-Basrawi, Chief Executive Officer
- Abdullah bin Sulaiman bin Abdulaziz Al Rajhi, Chairman (non-executive)
- Sulaiman bin Saleh bin Abdulaziz Al Rajhi, Non-Executive Board Member and Chairman of the Audit Committee
- Naif Abdulaziz AlDegaither, Head of Strategy and Transformation
- Mohammed Abdulaziz Alkassem, Head of Brokerage
- Assem Raqaban, Head of Real Estate
- Usman Sikandar, Head of Investment Banking
- Tarik Alsugair, Governance Director