Alkhair Capital Saudi Arabia commenced operations in the Kingdom of Saudi Arabia in August 2009. The company seeks to provide the market with an integrated and comprehensive range of Shari'ah compliant investment products and services, with an emphasis on delivering exceptional value and tailored solutions to clients and shareholders. Alkhair Capital Saudi Arabia's business model is built around three core business lines: Asset Management, Corporate Finance & Investment Banking and Brokerage.
The major shareholder in Alkhair Capital Saudi Arabia is Bank Alkhair. Founded in 2004 and headquartered in Bahrain, Bank Alkhair is an Islamic wholesale bank with subsidiaries in Malaysia and Turkey. The Bank is also a major shareholder in Burj Bank, Pakistan. Accordingly, Alkhair Capital Saudi Arabia brings to the Saudi market the support and depth of an established financial institution with an international reach. Bank Alkhair has completed several landmark transactions since its inception, including the establishment of t'azur, a regional Takaful company and the acquisition of Bahrain Financing Company, the oldest and one of the leading foreign exchange and remittance houses in the GCC. Bank Alkhair has received widespread industry recognition for excellence and vision.