MEFIC Capital

What MEFIC Capital does

MEFIC Capital (legal name: Middle East Financial Investment Company) is a privately held, Saudi-domiciled investment management firm founded in 2007 and licensed by the Capital Market Authority under license # 37-06029. The company operates an integrated four-pillar platform: Asset Management, Private Equity, Investment Banking, and Real Estate Investments, with products and services built exclusively around Shariah-compliant structures. Its flagship products include the MEFIC Saudi Riyal Murabaha Fund (open-ended money-market fund with daily valuation), the MEFIC Saudi Freestyle Equity Fund (benchmarked against the S&P Saudi Arabia Shariah Index, reporting a 42.39% five-year return and 165.09% since inception), the MEFIC Capital Murabaha Fund (multi-class structure launched December 2025), the MEFIC Capital REIT (a SAR 1.23 billion close-ended REIT listed on Tadawul with assets in Saudi Arabia and Dubai), and Discretionary Portfolio Management services targeting high-net-worth individuals and institutions.

The firm serves three primary segments: high-net-worth individuals seeking diversified Shariah-compliant portfolios, corporate clients requiring M&A advisory, capital raising, and debt restructuring, and institutional investors accessing its listed and open-ended funds. Its private equity arm has executed 250+ strategic investments, including a 44% stake acquisition in MERAS ARABIA MEDICAL HOLDING COMPANY in 2019. Investment banking mandates include advisory roles to Methanol Chemicals Company (Chemanol) and Ziorak.

MEFIC Capital generates revenue through four streams: recurring asset management fees on listed and open-ended funds, management fees and performance returns on its private equity portfolio, episodic investment banking advisory fees, and recurring REIT management fees against its SAR 1.23 billion real estate portfolio. Distribution operates through direct sales via its investor relations team (phone +966 11 218 6666, email [email protected]) and secondary market trading on Tadawul. The firm employs 90+ financial experts (or 50+ per career-page language) and is headquartered at 7th Floor, Building 7702, King Fahad Road, Al Malqa, Riyadh. In May 2025, MEFIC Capital signed an exclusive technical advisor agreement with Russell Investments, signaling an intent to upgrade portfolio construction capabilities.

Name

MEFIC Capital

Legal name

Middle East Financial Investment Company (MEFIC Capital)

Website

https://mefic.com.sa

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Short description

MEFIC Capital is a Saudi-domiciled, CMA-licensed Shariah-compliant investment manager offering asset management, private equity, investment banking, and REIT products to high-net-worth individuals, corporates, and institutions across Saudi Arabia and the GCC.

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Real Estate Investment Trusts (6798), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE), Real Assets — Real Estate Debt (Whole Loans, Mezzanine, CMBS/CLO) (FSAHAIAB)

Keywords

• Investment management services
• Shariah-compliant funds
• Private equity advisory
• Investment banking advisory
• Real estate investment trust

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: MEFIC Capital constructs and manages investment funds and portfolios, charging management fees for services including the MEFIC Saudi Riyal Murabaha Fund, MEFIC Saudi Freestyle Equity Fund, and various Murabaha Fund classes. The firm continuously monitors and assesses investment performance.
2. Private Equity Returns: Through its Private Equity division, MEFIC Capital invests in portfolio companies, generating returns through value creation including operational enhancements, strategic guidance, and market expansion. The firm has made 250+ strategic investments.
3. Investment Banking Advisory: MEFIC Capital provides advisory services including Mergers & Acquisitions advice, Capital Raising, Financial Advisory, Underwriting Services, and Debt Advisory and Restructuring. The firm acts as financial advisor to companies such as Methanol Chemicals Company (Chemanol).
4. Real Estate Investment Trust (REIT): MEFIC Capital REIT is a Shariah-compliant, close-ended Real Estate Investment Fund. With assets spanning key urban centers in Saudi Arabia and Dubai, the fund holds properties across residential, retail, office, and hospitality sectors. The fund has a portfolio valued at SAR 1,230,000,000.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

MEFIC Capital is a CMA-licensed investment management firm that constructs and manages Shariah-compliant investment funds and portfolios, makes private equity investments, provides investment banking advisory (M&A, capital raising, financial advisory, underwriting, debt advisory), and operates a SAR 1.23 billion real estate investment trust (REIT) with assets across Saudi Arabia and Dubai. The firm serves both individual investors through investment funds and corporate clients through advisory and private equity services.

Product overview

MEFIC Capital is a financial services company offering a comprehensive suite of investment products and services. The core offerings include four main service lines: Asset Management (constructing and managing investment funds and portfolios), Private Equity (seeking opportunities and creating value for stakeholders), Investment Banking (advisory on M&A, capital raising, and financial restructuring), and Real Estate Investments (opportunities in residential, commercial, hospitality, and industrial real estate). The product portfolio comprises specific investment vehicles including the MEFIC Saudi Riyal Murabaha Fund (Shariah-compliant money market fund with daily valuation), MEFIC Saudi Freestyle Equity Fund (equity fund benchmarked to S&P Saudi Arabia Shariah Index), MEFIC Capital Murabaha Fund (multi-class Shariah-compliant fund), and MEFIC Capital REIT (close-ended real estate investment trust with SAR 1.23 billion portfolio spanning Saudi Arabia and Dubai). Additionally, Discretionary Portfolio Management services are offered to high-net-worth individuals and institutions. The company has expanded its offerings with the launch of the MEFIC Capital Murabaha Fund in December 2025.

Differentiator

Problem solved

Functional benefit

Brands

• MEFIC REIT Fund: Shariah-compliant, close-ended Real Estate Investment Fund listed on Tadawul with assets spanning Saudi Arabia and Dubai.
• MEFIC Saudi Freestyle Equity Fund
• MEFIC Saudi Riyal Murabaha Fund
• MEFIC Capital Murabaha Fund
• Discretionary Portfolio Management

Products and services

• MEFIC Saudi Riyal Murabaha Fund Open-ended public fund offering capital preservation, Shariah compliance, daily valuation, and high liquidity for investors seeking Islamic-compliant money market investments.
• MEFIC Saudi Freestyle Equity Fund Equity fund focused on capital growth with valuation twice a week, benchmarked against the S&P Saudi Arabia Shariah Index.
• MEFIC Capital Murabaha Fund Shariah-compliant murabaha fund with multiple share classes (Class A, B, C) offering investors various risk/return profiles.
• MEFIC Capital REIT Shariah-compliant, close-ended Real Estate Investment Fund. One of Tadawul's largest REIT funds with a portfolio of SAR 1,230,000,000. Assets span key urban centers in Saudi Arabia and Dubai, diversified across residential, retail, office, and hospitality sectors.
• Discretionary Portfolio Management Portfolio management service for high-net-worth individuals and institutions offering portfolio diversification in asset allocation, periodic portfolio reports, and customizable investments to meet specific risk, return, and personal constraints.
• Asset Management Construct and manage investment funds and portfolios to meet clients' objectives and risk tolerances. Includes continuous monitoring, performance assessment, diversification, and long-term investment strategy implementation.
• Private Equity Investment service seeking opportunities through market trend insights and value creation for stakeholders, including operational enhancements, strategic guidance, and market expansion for portfolio companies.
• Investment Banking Advisory services covering Mergers & Acquisitions, Capital Raising, Financial Advisory, Underwriting Services, and Debt Advisory and Restructuring.
• Real Estate Investments Real estate investment opportunities in the region and globally, focusing on high-value residential, commercial, office, hospitality, industrial, and logistics opportunities that generate high income and sustainable returns.

Quantifiable outcome

• 250+ strategic investments completed
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Russell InvestmentscoreTechnology or Integration · 5 May 2025MEFIC Capital signed an agreement with Russell Investments as its exclusive technical advisor. This partnership enhances MEFIC's investment capabilities and provides access to Russell Investments' technical expertise in investment management.
• BOUDL Hotels & Resorts GroupcoreStrategic or Co-development Partner · 11 May 2023MEFIC Capital REIT signed a management and operation agreement with BOUDL Hotels & Resorts Group to manage and operate Drnef Ajyad Hotel and Drnef Kuddai Hotel. This partnership manages hospitality assets within the MEFIC REIT portfolio.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Riyad Capital: Saudi CMA-licensed investment bank and asset manager offering brokerage, asset management, investment banking, and custody — a direct multi-service competitor to MEFIC across the same Saudi client base of HNW individuals, corporates, and institutions.
• Al Rajhi Capital: The investment banking arm of Al Rajhi Bank and one of Saudi Arabia's largest asset managers, offering asset management, brokerage, and investment banking — directly comparable to MEFIC across AM, PE, and IB service lines for Shariah-conscious Saudi clients.
• Jadwa Investment: Leading Saudi private-equity-led investment firm offering asset management, PE, IB, and research — operating in the same Riyadh market with overlapping Shariah-compliant mandates and competing for the same institutional and HNW Saudi clients as MEFIC.
• SNB Capital: Saudi CMA-licensed investment bank and asset manager (formerly NCB Capital) offering asset management, brokerage, and investment banking — a direct large-scale Saudi competitor in mutual funds, discretionary portfolios, and IB advisory.
• Derayah Financial: Saudi financial services firm providing asset management, investment banking, and online brokerage — directly comparable mid-sized Saudi competitor with overlapping services for retail, HNW, and institutional clients.
• Alinma Investment: Saudi CMA-licensed investment manager (subsidiary of Alinma Bank) offering Shariah-compliant asset management, brokerage, and investment banking — directly comparable to MEFIC's Shariah-focused, full-service Saudi offering.
• Saudi Fransi Capital: Investment arm of Banque Saudi Fransi providing asset management, brokerage, and IB advisory in Saudi Arabia — a comparable mid-sized, full-service, Shariah-conscious competitor targeting similar Saudi client segments.

Emerging players

• Arcapita: Bahrain-headquartered Shariah-compliant private equity and real estate investment firm — directly comparable to MEFIC's PE and real estate platforms given shared GCC footprint and Islamic-finance specialisation.

Broad incumbents

• Emirates NBD Asset Management: UAE-based asset management arm of Emirates NBD, offering institutional and retail investment products across the GCC — comparable to MEFIC on asset management and discretionary portfolio services for GCC HNW and institutional clients.

Regional players

• Bank AlJazira Investment: Saudi bank-affiliated investment manager offering Shariah-compliant asset management and brokerage in Saudi Arabia — a comparable but primarily bank-distribution-focused competitor in the same KSA market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/mefic

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MEFIC Capital