Aljazira Capital
Riyadh-based securities firm wholly owned by Bank AlJazira, offering brokerage, wealth and asset management and investment banking. It managed SAR 28.4 billion of assets at the end of 2025.
Industry: Brokerage, asset management and investment banking | Location: Riyadh, Saudi Arabia | Founded: 2007
About Aljazira Capital
Aljazira Capital is a Saudi investment firm that provides brokerage, wealth management, asset management and investment banking services from Riyadh. It is a one-person closed joint stock company wholly owned by Bank AlJazira and is licensed by the Saudi Capital Market Authority.
The company was established in 2007. Its Capital Market Authority licence, number 07076-37, is dated 22 July 2007 and its commencement letter is dated 5 April 2008. Naif Almesned has been chief executive and managing director since 2021, after heading wealth management at NCB Capital, Forbes Middle East reports. Engineer Tarek AlKasabi chairs a board of six directors. Syed Mohsin Ali is chief financial officer.
Its licensed activities are dealing, arranging, advising and custody in securities, and managing investments and operating funds. Brokerage covers Saudi, GCC and international markets, with margin finance and sukuk. Asset management offers public mutual funds, discretionary and non-discretionary portfolios and a systematic investment plan,. Investment banking covers share offerings, rights issues, debt capital markets, mergers and acquisitions and private placements. According to its 2025 annual report it ran 48 investment funds in private equity, private credit, real estate, operating leasing and money markets, and completed 85 offering and arrangement transactions in the capital market that year. Forbes Middle East lists an evergreen private credit fund among its 2025 launches.
The firm also invests in startups. It joined Lola's seed round in April 2026, and TechScoop reported in October 2026 that it took part in Autobia's USD 12 million Series A led by Artal Capital. In 2025 it received awards including Most Innovative Shariah-Compliant Fund for its Aljazira Open Private Credit Fund, from International Finance Awards.
The annual report gives 2025 revenue of SAR 752.8 million, up from SAR 571.2 million in 2024, and net profit after zakat and tax of SAR 342.2 million, up from SAR 229.6 million. Assets under management were SAR 28.4 billion. Asset and wealth management revenue rose 52.2 percent to SAR 257.1 million, while brokerage revenue fell to SAR 61.3 million. Paid-up capital is SAR 500 million.
Leadership
- Naif Almesned, Chief Executive Officer and Managing Director
- Tarek AlKasabi, Chairman of the Board
- Naif Al Abdulkareem, Vice Chairman of the Board
- Syed Mohsin Ali, Chief Financial Officer
- Marco Mauri, Chief Investment Officer
- Ali Alqaraawi, Chief Operating Officer
- Sultan Al-Mutawa, Head of Wealth Management and Securities
- Abdulaziz AlEnezi, Head of Asset Management