Wasatah Capital Overview
Al Wasatah Al Maliah (Wasatah Capital) is a closed joint stock investment company, authorized and regulated by the Capital Market Authority of Saudi Arabia under license Number (08125-37), and CR number (1010241832), with a paid up capital of SR 250 Million,CMA licenses granted include:arranging, custody, managing, dealing as principal and underwriter, the company is a Sharia-compliant investment bank and it is based in Riyadh.
Al Wasatah Al Maliah (Wasatah Capital) started practicing its services on 24-03-2008 after CMA granted Wasatah to operate on 21-08-2006. Wasatah Capital’s strategic shareholder, Kenanga Investment Bank Berhad (“Kenanga”) is the largest independent investment bank* by equity trading volume and value on the Malaysian stock exchange, Bursa Malaysia with 40 years of collective experience, Kenanga offers extensive equity broking and investment banking products and services ranging from corporate advisory, Islamic financing, money market, asset management to structuring and distribution of conventional bond and Sukuk issuance and an array of other offerings within the financial market industry.
* As at 28 February 2013, based on Bursa Malaysia's Participating Organisations Trading Summary
To be a world class pre-eminent Islamic investment banking firm that offers superior services to its clients.