Jadwa finds opportunities in tough times

Saudi base gives Islamic specialist a platform for regional expansion.

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Star of the future: Sarah al Suhaimi, Jadwa

Jadwa Investment is a Saudi bank, based in Riyadh and operating according to Shariah principles. It works with individual, corporate and institutional clients, offering asset management, brokerage, corporate advisory, equity research and other investment banking services.

The bank gained its investment banking licence from the Capital Markets Authority in 2006. Its founding partners include prominent local individuals, not least its chairman, Prince Faisal bin Salman bin Abdulaziz al Saud.

The backdrop over those five years has not been easy for the firm, according to chief executive officer Ahmed al Khateeb, who had headed HSBC’s private banking operations in Saudi Arabia.

“We have been living in interesting times,” he says.

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