Capital Partners is a Saudi-based, Shariah-compliant asset management firm licensed by the Capital Market Authority (CMA) of the Kingdom of Saudi Arabia under license number (25315-32)
– Date of Licensing: 4 June 2025
– Date of Commencement: once provided
– Paid-up Capital: SAR 20 million
– Unified National Number: 7051391584
– Activities: Investment Management & Operating Funds, Advising, and Arranging The company specializes in structuring innovative investment solutions across various asset classes, with a particular focus on managing and operating real estate investment funds. Although newly established, Capital Partners is backed by a management team and an investment committee with extensive experience in both the real estate sector and the capital markets. This unique combination of fresh vision and seasoned expertise enables the firm to deliver value-driven, well-structured investment opportunities that align with the highest standards of governance and Shariah compliance.
Abdullateef AlRajhi
Chairman
Abdullateef AlRajhi
Chairman
Abdulateef serves as the Chairman of the company, bringing over 30 years of experience in finance,
strategic planning, and corporate leadership. He previously held senior positions at AlRajhi Bank from 1990 to 2014 and has served on the boards of numerous trading and investment firms across Saudi Arabia and the region.
He currently holds key leadership roles, including:
- Chairman of AlRajhi Group
- Chairman of AlRajhi Financial Solutions
- Board Member of Abdullah Abdulaziz AlRajhi Investment
- Board Member of Oman United Investment
He also served as Vice Chairman of NADEC from 2021 to 2024. In the non-profit sector, he plays a leading role as the Founder and Chairman of the Saudi Food Bank, Omani Food Bank, and Bahraini Food Bank—organizations dedicated to supporting food security and social welfare in the region.
He is widely recognized for his strategic vision, dedication to excellence, and deep expertise in the
financial sector. He holds a Master’s degree from the American University of Beirut.
Khaled Madkhali
Independent Board Member
Khaled Madkhali
Independent Board Member
Khaled is a distinguished executive advisor and strategic leader with over two decades of experience across real estate development, investment, and large-scale program management in Saudi Arabia. He has held key leadership roles including Executive Advisor for Strategic Projects at the Royal Commission for Riyadh City, Senior Director at the Public Investment Fund (PIF), and Assistant General Manager at Alistithmar Capital. Khaled played a pivotal role in establishing and managing multi-billion riyal real estate portfolios, developing innovative residential and commercial projects, and creating new investment structures such as Saudi Arabia’s first real estate development funds licensed by CMA. In addition to his extensive operational and strategic expertise, he has served on multiple high-level boards and committees, contributing to national development initiatives and shaping the future of the Saudi real estate sector. Khaled holds a Bachelor’s degree in Architecture from King Fahd University of
Petroleum & Minerals (1999, with honors), and completed the Senior Executive Leadership Program at Harvard Business School.
Khalid Abid Gama
Independent Board Member
Khalid Abid Gama
Independent Board Member
Khalid is a seasoned investment executive and certified board member with over 30 years of experience in investment management, corporate governance, and Shariah-compliant banking. He has held multiple senior leadership roles, including Group CEO of Medad Holding, Managing Director of Business Development at SEDCO Capital, and Senior Vice President of Financial Investments at SEDCO Holding.
Khalid currently serves on several prominent corporate boards and committees across the healthcare,insurance, telecom, and hospitality sectors in Saudi Arabia. He brings deep governance expertise, especially in Awqaf and endowment investments, and has played an instrumental role in guiding family offices and corporate boards. Khalid has completed executive leadership programs at Harvard Business School and holds a BA in Business & Finance from King Abdulaziz University
Assem Raqbaan
Vice Chairman
Assem Raqbaan
Vice Chairman
Assem is a highly accomplished investment and real estate executive with extensive experience spanning leadership, portfolio management, and strategic development across major Saudi organizations. He has served in senior roles including Chief Executive Officer of Maskan Arabia Investment and Development Company, Head of Real Estate at Al Rajhi Capital, and Senior Vice President at the Public Investment Fund (PIF), where he led large-scale development initiatives and oversaw significant real estate and infrastructure projects. Assem has successfully negotiated landmark transactions, launched multiple real estate funds, and driven transformational strategies to optimize asset performance and governance. He has also held key positions at Jabal Omar Development Company, Methak Investment Holding, and SEDCO Holding, gaining broad expertise in investment structuring and operational excellence. Assem holds an MSc in Real Estate Finance and Investment from the University of Reading (UK), an MSc in Financial Analysis and Fund Management from the University of Exeter (UK), and a BSc in Finance from King Fahd University of Petroleum and Minerals, Saudi Arabia, along with numerous leadership and executive development certifications from prestigious global institutions..
Assem Raqbaan
CEO & Head of Asset Management
Assem Raqbaan
CEO & Head of Asset Management
Assem is a highly accomplished investment and real estate executive with extensive experience spanning leadership, portfolio management, and strategic development across major Saudi organizations. He has served in senior roles including Chief Executive Officer of Maskan Arabia Investment and Development Company, Head of Real Estate at Al Rajhi Capital, and Senior Vice President at the Public Investment Fund (PIF), where he led large-scale development initiatives and oversaw significant real estate and infrastructure projects. Assem has successfully negotiated landmark transactions, launched multiple real estate funds, and driven transformational strategies to optimize asset performance and governance. He has also held key positions at Jabal Omar Development Company, Methak Investment Holding, and SEDCO Holding, gaining broad expertise in investment structuring and operational excellence. Assem holds an MSc in Real Estate Finance and Investment from the University of Reading (UK), an MSc in Financial Analysis and Fund Management from the University of Exeter (UK), and a BSc in Finance from King Fahd University of Petroleum and Minerals, Saudi Arabia, along with numerous leadership and executive development certifications from prestigious global institutions.
Mohammed Zafar AlRahman
Chief Financial Officer (CFO)
Mohammed Zafar AlRahman
Chief Financial Officer (CFO)
Zafar is the Chief Financial Officer at Capital Partners, where he leads the firm’s financial strategy. He is a seasoned finance professional with over 25 years of experience, including more than 12 years in mutual funds operations. Previously, he served as Manager – Real Estate Operations at Al Istithmar Capital, Chief Operating Officer and Head of Operations at Darfin Capital Company, and the Chief Operation Officer at AlRajhi Capital. Known for his strategic insight and operational excellence, he has extensive experience in NAV calculations, fund setup and structuring, audit coordination, and liaising with regulators and stakeholders. His multilingual skills and deep understanding of financial markets make him a valuable asset in the asset management and investment advisory space. Zafar holds a Master of Finance and Control, a Master of Science in Statistics, and a bachelor of Sience (Honors) in Statistics from Aligarh Muslim University, India.
Saud AlRajhi
Fund Manager – Real Estate Investment
Saud AlRajhi
Fund Manager – Real Estate Investment
Saud, is the Fund Manager of Real Estate at Capital Partners, where he leads investment initiatives focused on real estate development. He brings a strong track record in fund management, financial modeling, and strategic planning within the real estate sector. During his time at Al Rajhi Capital, Saud held several key roles including Associate Vice President and Real Estate Investment Analyst. There, he successfully managed over SAR 6 billion in Assets Under Management (AUM) across development project funds covering infrastructure, hospitality, commercial, and residential sectors. His responsibilities spanned fund establishment, market research, valuation, financial viability assessments, and REIT tracking. He began his career through the Graduate Development Program at Al Rajhi Capital and previously interned at the Ministry of Finance in the Advisory Department of the Minister Office, supporting high-level investment recommendations. Saud holds a Bachelor’s degree in Finance from Prince Mohammad Bin Fahd University and completed further academic training in the U.S.
Hamed AlThobaity
Head of Compliance & AML, CTF
Hamed AlThobaity
Head of Compliance & AML, CTF
Hamed is a dedicated compliance and risk management professional, currently serving as Head of Compliance and Anti-Money Laundering (AML) at Capital Partners. With a strong background in regulatory compliance, he has held key roles such as Senior Compliance Officer at The Family Office International Investment Co. and Compliance Officer at Al Rajhi Capital, where he oversaw compliance monitoring programs, fund reviews, and regulatory reporting. His experience includes handling compliance processes for REITs, discretionary portfolios, and real estate funds, as well as ensuring effective coordination across departments and implementing internal controls to meet strategic and regulatory standards. Hamed is known for his meticulous approach, strong analytical skills, and commitment to upholding governance and integrity within financial institutions. He holds a BS degree in Finance from King Fahd University of Petroleum & Minerals (KFUPM) and also completed an exchange program in finance at the University of North Texas.
There are no reports available.
Capital Partners is a Saudi-based, Shariah-compliant asset management firm licensed by the Capital Market Authority (CMA) of the Kingdom of Saudi Arabia under license number (25315-32)
– Date of Licensing: 4 June 2025
– Date of Commencement: once provided
– Paid-up Capital: SAR 20 million
– Unified National Number: 7051391584
– Activities: Investment Management & Operating Funds, Advising, and Arranging The company specializes in structuring innovative investment solutions across various asset classes, with a particular focus on managing and operating real estate investment funds. Although newly established, Capital Partners is backed by a management team and an investment committee with extensive experience in both the real estate sector and the capital markets. This unique combination of fresh vision and seasoned expertise enables the firm to deliver value-driven, well-structured investment opportunities that align with the highest standards of governance and Shariah compliance.
Abdullateef AlRajhi
Chairman
Abdullateef AlRajhi
Chairman
Abdulateef serves as the Chairman of the company, bringing over 30 years of experience in finance,
strategic planning, and corporate leadership. He previously held senior positions at AlRajhi Bank from 1990 to 2014 and has served on the boards of numerous trading and investment firms across Saudi Arabia and the region.
He currently holds key leadership roles, including:
- Chairman of AlRajhi Group
- Chairman of AlRajhi Financial Solutions
- Board Member of Abdullah Abdulaziz AlRajhi Investment
- Board Member of Oman United Investment
He also served as Vice Chairman of NADEC from 2021 to 2024. In the non-profit sector, he plays a leading role as the Founder and Chairman of the Saudi Food Bank, Omani Food Bank, and Bahraini Food Bank—organizations dedicated to supporting food security and social welfare in the region.
He is widely recognized for his strategic vision, dedication to excellence, and deep expertise in the
financial sector. He holds a Master’s degree from the American University of Beirut.
Abdullateef AlRajhi
Chairman
Abdulateef serves as the Chairman of the company, bringing over 30 years of experience in finance,
strategic planning, and corporate leadership. He previously held senior positions at AlRajhi Bank from 1990 to 2014 and has served on the boards of numerous trading and investment firms across Saudi Arabia and the region.
He currently holds key leadership roles, including:
- Chairman of AlRajhi Group
- Chairman of AlRajhi Financial Solutions
- Board Member of Abdullah Abdulaziz AlRajhi Investment
- Board Member of Oman United Investment
He also served as Vice Chairman of NADEC from 2021 to 2024. In the non-profit sector, he plays a leading role as the Founder and Chairman of the Saudi Food Bank, Omani Food Bank, and Bahraini Food Bank—organizations dedicated to supporting food security and social welfare in the region.
He is widely recognized for his strategic vision, dedication to excellence, and deep expertise in the
financial sector. He holds a Master’s degree from the American University of Beirut.
Khaled Madkhali
Independent Board Member
Khaled Madkhali
Independent Board Member
Khaled is a distinguished executive advisor and strategic leader with over two decades of experience across real estate development, investment, and large-scale program management in Saudi Arabia. He has held key leadership roles including Executive Advisor for Strategic Projects at the Royal Commission for Riyadh City, Senior Director at the Public Investment Fund (PIF), and Assistant General Manager at Alistithmar Capital. Khaled played a pivotal role in establishing and managing multi-billion riyal real estate portfolios, developing innovative residential and commercial projects, and creating new investment structures such as Saudi Arabia’s first real estate development funds licensed by CMA. In addition to his extensive operational and strategic expertise, he has served on multiple high-level boards and committees, contributing to national development initiatives and shaping the future of the Saudi real estate sector. Khaled holds a Bachelor’s degree in Architecture from King Fahd University of
Petroleum & Minerals (1999, with honors), and completed the Senior Executive Leadership Program at Harvard Business School.
Khaled Madkhali
Independent Board Member
Khaled is a distinguished executive advisor and strategic leader with over two decades of experience across real estate development, investment, and large-scale program management in Saudi Arabia. He has held key leadership roles including Executive Advisor for Strategic Projects at the Royal Commission for Riyadh City, Senior Director at the Public Investment Fund (PIF), and Assistant General Manager at Alistithmar Capital. Khaled played a pivotal role in establishing and managing multi-billion riyal real estate portfolios, developing innovative residential and commercial projects, and creating new investment structures such as Saudi Arabia’s first real estate development funds licensed by CMA. In addition to his extensive operational and strategic expertise, he has served on multiple high-level boards and committees, contributing to national development initiatives and shaping the future of the Saudi real estate sector. Khaled holds a Bachelor’s degree in Architecture from King Fahd University of
Petroleum & Minerals (1999, with honors), and completed the Senior Executive Leadership Program at Harvard Business School.
Khalid Abid Gama
Independent Board Member
Khalid Abid Gama
Independent Board Member
Khalid is a seasoned investment executive and certified board member with over 30 years of experience in investment management, corporate governance, and Shariah-compliant banking. He has held multiple senior leadership roles, including Group CEO of Medad Holding, Managing Director of Business Development at SEDCO Capital, and Senior Vice President of Financial Investments at SEDCO Holding.
Khalid currently serves on several prominent corporate boards and committees across the healthcare,insurance, telecom, and hospitality sectors in Saudi Arabia. He brings deep governance expertise, especially in Awqaf and endowment investments, and has played an instrumental role in guiding family offices and corporate boards. Khalid has completed executive leadership programs at Harvard Business School and holds a BA in Business & Finance from King Abdulaziz University
Khalid Abid Gama
Independent Board Member
Khalid is a seasoned investment executive and certified board member with over 30 years of experience in investment management, corporate governance, and Shariah-compliant banking. He has held multiple senior leadership roles, including Group CEO of Medad Holding, Managing Director of Business Development at SEDCO Capital, and Senior Vice President of Financial Investments at SEDCO Holding.
Khalid currently serves on several prominent corporate boards and committees across the healthcare,insurance, telecom, and hospitality sectors in Saudi Arabia. He brings deep governance expertise, especially in Awqaf and endowment investments, and has played an instrumental role in guiding family offices and corporate boards. Khalid has completed executive leadership programs at Harvard Business School and holds a BA in Business & Finance from King Abdulaziz University
Assem Raqbaan
Vice Chairman
Assem Raqbaan
Vice Chairman
Assem is a highly accomplished investment and real estate executive with extensive experience spanning leadership, portfolio management, and strategic development across major Saudi organizations. He has served in senior roles including Chief Executive Officer of Maskan Arabia Investment and Development Company, Head of Real Estate at Al Rajhi Capital, and Senior Vice President at the Public Investment Fund (PIF), where he led large-scale development initiatives and oversaw significant real estate and infrastructure projects. Assem has successfully negotiated landmark transactions, launched multiple real estate funds, and driven transformational strategies to optimize asset performance and governance. He has also held key positions at Jabal Omar Development Company, Methak Investment Holding, and SEDCO Holding, gaining broad expertise in investment structuring and operational excellence. Assem holds an MSc in Real Estate Finance and Investment from the University of Reading (UK), an MSc in Financial Analysis and Fund Management from the University of Exeter (UK), and a BSc in Finance from King Fahd University of Petroleum and Minerals, Saudi Arabia, along with numerous leadership and executive development certifications from prestigious global institutions..
Assem Raqbaan
Vice Chairman
Assem is a highly accomplished investment and real estate executive with extensive experience spanning leadership, portfolio management, and strategic development across major Saudi organizations. He has served in senior roles including Chief Executive Officer of Maskan Arabia Investment and Development Company, Head of Real Estate at Al Rajhi Capital, and Senior Vice President at the Public Investment Fund (PIF), where he led large-scale development initiatives and oversaw significant real estate and infrastructure projects. Assem has successfully negotiated landmark transactions, launched multiple real estate funds, and driven transformational strategies to optimize asset performance and governance. He has also held key positions at Jabal Omar Development Company, Methak Investment Holding, and SEDCO Holding, gaining broad expertise in investment structuring and operational excellence. Assem holds an MSc in Real Estate Finance and Investment from the University of Reading (UK), an MSc in Financial Analysis and Fund Management from the University of Exeter (UK), and a BSc in Finance from King Fahd University of Petroleum and Minerals, Saudi Arabia, along with numerous leadership and executive development certifications from prestigious global institutions..
Assem Raqbaan
CEO & Head of Asset Management
Assem Raqbaan
CEO & Head of Asset Management
Assem is a highly accomplished investment and real estate executive with extensive experience spanning leadership, portfolio management, and strategic development across major Saudi organizations. He has served in senior roles including Chief Executive Officer of Maskan Arabia Investment and Development Company, Head of Real Estate at Al Rajhi Capital, and Senior Vice President at the Public Investment Fund (PIF), where he led large-scale development initiatives and oversaw significant real estate and infrastructure projects. Assem has successfully negotiated landmark transactions, launched multiple real estate funds, and driven transformational strategies to optimize asset performance and governance. He has also held key positions at Jabal Omar Development Company, Methak Investment Holding, and SEDCO Holding, gaining broad expertise in investment structuring and operational excellence. Assem holds an MSc in Real Estate Finance and Investment from the University of Reading (UK), an MSc in Financial Analysis and Fund Management from the University of Exeter (UK), and a BSc in Finance from King Fahd University of Petroleum and Minerals, Saudi Arabia, along with numerous leadership and executive development certifications from prestigious global institutions.
Assem Raqbaan
CEO & Head of Asset Management
Assem is a highly accomplished investment and real estate executive with extensive experience spanning leadership, portfolio management, and strategic development across major Saudi organizations. He has served in senior roles including Chief Executive Officer of Maskan Arabia Investment and Development Company, Head of Real Estate at Al Rajhi Capital, and Senior Vice President at the Public Investment Fund (PIF), where he led large-scale development initiatives and oversaw significant real estate and infrastructure projects. Assem has successfully negotiated landmark transactions, launched multiple real estate funds, and driven transformational strategies to optimize asset performance and governance. He has also held key positions at Jabal Omar Development Company, Methak Investment Holding, and SEDCO Holding, gaining broad expertise in investment structuring and operational excellence. Assem holds an MSc in Real Estate Finance and Investment from the University of Reading (UK), an MSc in Financial Analysis and Fund Management from the University of Exeter (UK), and a BSc in Finance from King Fahd University of Petroleum and Minerals, Saudi Arabia, along with numerous leadership and executive development certifications from prestigious global institutions.
Mohammed Zafar AlRahman
Chief Financial Officer (CFO)
Mohammed Zafar AlRahman
Chief Financial Officer (CFO)
Zafar is the Chief Financial Officer at Capital Partners, where he leads the firm’s financial strategy. He is a seasoned finance professional with over 25 years of experience, including more than 12 years in mutual funds operations. Previously, he served as Manager – Real Estate Operations at Al Istithmar Capital, Chief Operating Officer and Head of Operations at Darfin Capital Company, and the Chief Operation Officer at AlRajhi Capital. Known for his strategic insight and operational excellence, he has extensive experience in NAV calculations, fund setup and structuring, audit coordination, and liaising with regulators and stakeholders. His multilingual skills and deep understanding of financial markets make him a valuable asset in the asset management and investment advisory space. Zafar holds a Master of Finance and Control, a Master of Science in Statistics, and a bachelor of Sience (Honors) in Statistics from Aligarh Muslim University, India.
Mohammed Zafar AlRahman
Chief Financial Officer (CFO)
Zafar is the Chief Financial Officer at Capital Partners, where he leads the firm’s financial strategy. He is a seasoned finance professional with over 25 years of experience, including more than 12 years in mutual funds operations. Previously, he served as Manager – Real Estate Operations at Al Istithmar Capital, Chief Operating Officer and Head of Operations at Darfin Capital Company, and the Chief Operation Officer at AlRajhi Capital. Known for his strategic insight and operational excellence, he has extensive experience in NAV calculations, fund setup and structuring, audit coordination, and liaising with regulators and stakeholders. His multilingual skills and deep understanding of financial markets make him a valuable asset in the asset management and investment advisory space. Zafar holds a Master of Finance and Control, a Master of Science in Statistics, and a bachelor of Sience (Honors) in Statistics from Aligarh Muslim University, India.
Saud AlRajhi
Fund Manager – Real Estate Investment
Saud AlRajhi
Fund Manager – Real Estate Investment
Saud, is the Fund Manager of Real Estate at Capital Partners, where he leads investment initiatives focused on real estate development. He brings a strong track record in fund management, financial modeling, and strategic planning within the real estate sector. During his time at Al Rajhi Capital, Saud held several key roles including Associate Vice President and Real Estate Investment Analyst. There, he successfully managed over SAR 6 billion in Assets Under Management (AUM) across development project funds covering infrastructure, hospitality, commercial, and residential sectors. His responsibilities spanned fund establishment, market research, valuation, financial viability assessments, and REIT tracking. He began his career through the Graduate Development Program at Al Rajhi Capital and previously interned at the Ministry of Finance in the Advisory Department of the Minister Office, supporting high-level investment recommendations. Saud holds a Bachelor’s degree in Finance from Prince Mohammad Bin Fahd University and completed further academic training in the U.S.
Saud AlRajhi
Fund Manager – Real Estate Investment
Saud, is the Fund Manager of Real Estate at Capital Partners, where he leads investment initiatives focused on real estate development. He brings a strong track record in fund management, financial modeling, and strategic planning within the real estate sector. During his time at Al Rajhi Capital, Saud held several key roles including Associate Vice President and Real Estate Investment Analyst. There, he successfully managed over SAR 6 billion in Assets Under Management (AUM) across development project funds covering infrastructure, hospitality, commercial, and residential sectors. His responsibilities spanned fund establishment, market research, valuation, financial viability assessments, and REIT tracking. He began his career through the Graduate Development Program at Al Rajhi Capital and previously interned at the Ministry of Finance in the Advisory Department of the Minister Office, supporting high-level investment recommendations. Saud holds a Bachelor’s degree in Finance from Prince Mohammad Bin Fahd University and completed further academic training in the U.S.
Hamed AlThobaity
Head of Compliance & AML, CTF
Hamed AlThobaity
Head of Compliance & AML, CTF
Hamed is a dedicated compliance and risk management professional, currently serving as Head of Compliance and Anti-Money Laundering (AML) at Capital Partners. With a strong background in regulatory compliance, he has held key roles such as Senior Compliance Officer at The Family Office International Investment Co. and Compliance Officer at Al Rajhi Capital, where he oversaw compliance monitoring programs, fund reviews, and regulatory reporting. His experience includes handling compliance processes for REITs, discretionary portfolios, and real estate funds, as well as ensuring effective coordination across departments and implementing internal controls to meet strategic and regulatory standards. Hamed is known for his meticulous approach, strong analytical skills, and commitment to upholding governance and integrity within financial institutions. He holds a BS degree in Finance from King Fahd University of Petroleum & Minerals (KFUPM) and also completed an exchange program in finance at the University of North Texas.
Hamed AlThobaity
Head of Compliance & AML, CTF
Hamed is a dedicated compliance and risk management professional, currently serving as Head of Compliance and Anti-Money Laundering (AML) at Capital Partners. With a strong background in regulatory compliance, he has held key roles such as Senior Compliance Officer at The Family Office International Investment Co. and Compliance Officer at Al Rajhi Capital, where he oversaw compliance monitoring programs, fund reviews, and regulatory reporting. His experience includes handling compliance processes for REITs, discretionary portfolios, and real estate funds, as well as ensuring effective coordination across departments and implementing internal controls to meet strategic and regulatory standards. Hamed is known for his meticulous approach, strong analytical skills, and commitment to upholding governance and integrity within financial institutions. He holds a BS degree in Finance from King Fahd University of Petroleum & Minerals (KFUPM) and also completed an exchange program in finance at the University of North Texas.
There are no reports available.
