DOHA, Qatar, Nov. 24, 2024 — Wahed, a global Shariah-compliant fintech firm, has named Khalid Al Jassim as Executive Chairman of Wahed MENA.
Commenting on his appointment, Mr. Al Jassim stated, ”I am thrilled to lead Wahed’s regional expansion. Wahed’s commitment to advancing Islamic finance deeply resonates with me, and I eagerly anticipate contributing to its growth objectives.”
Mr. Al Jassim brings over 25 years of experience in investment banking and corporate advisory roles at leading global firms.
His career includes significant contributions to organizations such as SABIC, Arthur Anderson, and Arcapita Bank in Bahrain, where he played a key role in its development as a regional private equity leader. His early responsibilities included building and strengthening the Investment Placement Team. He served as an Executive Director at Arcapita before establishing his own advisory firm.
He is currently the Chairman of Afkar Vision, a private advisory firm specializing in mergers and acquisitions, with offices in Manama, Dubai, and Riyadh. In addition to being an early investor in Wahed, he serves as Chairman of the Audit Committee and as a Board Member at Bahrain Islamic Bank (one of the world’s four oldest Islamic banks), and as a Board Member at SICO Bank and SICO Capital in Saudi Arabia, an $8bn asset management firm.
Mohsin Siddiqui, Wahed’s CEO, remarked, “We are delighted to welcome Khalid. His exceptional understanding of the MENA financial landscape is unmatched, and we are excited to leverage his expertise to further expand our regional footprint.”
About Wahed
Established in 2015, Wahed is a financial technology company promoting financial inclusion through accessible, affordable, and ethically responsible investing. The company has made substantial progress in Shariah-compliant investing by developing a user-friendly digital platform offering a range of Shariah-compliant investment products, including managed portfolios and venture and real estate investments. Wahed serves over 400,000 clients globally and manages over $1 billion in assets.
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