MEFIC Capital is a complete financial services company with a paid capital of SR 400 Million. The incorporation of MEFIC took place on Shaban 2, 1428 (August 15, 2007), licensed by the Capital Market Authority (CMA) on 12/07/2006 As we began operate in 17/8/1429 AH (18/08/2008). after the Capital Market Authority of Saudi Arabia granted MEFIC to operate as a full service investment bank in the Kingdom with the following licenses:
- Managing and Operating Investment Funds
In line with our full service license, MEFIC Capital is active in all pertinent financial areas such as Asset Management, Corporate Finance & Advisory, mainly Saudi Market, and Custody.
The company invests locally in Saudi Stock Exchange (Tadawul) And globally in investment Sukuk in Saudi riyals and the US dollar.
MEFIC products and services cater to individuals and corporates to achieve their financial objectives. MEFIC thoroughly understands the market and its customers’ needs to be able to serve them comprehensively.
MEFIC’s shareholders consist of prominent regional institutions such as Ahli United Bank – Kuwait, Ahli United Bank –Bahrain, The Arab Investment Company (TAIC) as well as a number of astute and influential business individuals considered as leaders in the financial investments and advisory fields.
MEFIC believes in developing the society and its citizens. With this in mind, MEFIC is dedicated to develop young Saudi nationals by providing them suitable career opportunities. MEFIC fulfills its commitment by providing them extensive in-house and external professional training with the aim to create next generation leaders.
MEFIC always aim to creating value for clients by providing best products and highest quality services to them. We have a cohesive team of dynamic, seasoned, and experienced professionals that are working with dedication to achieve our clients, shareholders and business’ objectives.
At MEFIC, we understand the importance of our clients and employees. We believe that every employee and every client is a partner.
(CR: 1010237038, Dated: 02/08/1428 H – Expiration : 02/08/1527 H , Issued at: Riyadh- SAUDI ARABIA)