Al-Khabeer Merchant Finance Corporation (KMFC) is a fully fledged Islamic merchant banking institution that offers a full range of Shari’a compliant products and services. KMFC is authorized and regulated by the Saudi Capital Market Authority to undertake the following activities: Arranging, Advising, Managing, Underwriting and Custody.
KMFC successfully raised SR 425 million (four hundred and twenty five million Saudi Riyals) through the first phase of a private placement to serve as its operating capital.
A further SR 425 million has already been committed by KMFC shareholders to the capital base of Al-Khabeer International, which will be established in the Kingdom of Bahrain following regulatory approvals.
Over the last 3 years Al-Khabeer has built a solid reputation as a pioneer and innovator in the financial services sector by supplying Institutional and High-Net-Worth clients with quality products and services using their “best in class” methodology. Thus far Al-Khabeer has concluded deals in excess of SR 6 billion, and has deals in the pipeline in excess of SR 7.5 billion.