# Aseel

Aseel is an Asset Manager based in Riyadh, Saudi Arabia.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Riyadh, Saudi Arabia
- **Region:** Middle East
- **Address:** Riyadh, Saudi Arabia
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** investaseel.sa
- **LinkedIn:** https://www.linkedin.com/company/aseel

## Regulatory record

- **Reports private funds:** No

## About

Aseel is a Saudi financial technology company authorized by the Capital Market Authority (CMA) to operate a crowd-investing platform for investment and real estate funds. The platform enables investors to access fund units starting from SAR 1,000, offering products across real estate, financing, private equity, and equity funds, all compliant with Islamic Sharia principles. Aseel highlights over SAR 11.5 billion in total fund size and more than SAR 1.4 billion in total distributions through its platform.

## Sectors

- Real Estate

## People

- Majed Abalkhail — Chief Executive Officer
- Khalid Alhumaid — Chief Investment Officer

## Questions

### Who runs investment decisions at Aseel?

Majed Abalkhail serves as CEO and founder. Khalid Alhumaid holds the CIO title and maintains board seats in over twenty funds.

### Where does Aseel deploy capital geographically?

All listed funds operate inside Saudi Arabia, with concentrations in Riyadh, the Eastern Province, and Al Ahsa.

### What asset classes does Aseel target?

Available records show exposure to mixed-use, commercial, and residential real estate funds.

### How is Aseel related to its listed fund managers?

Aseel acts as co-investor alongside Sedco Capital, Makeen, and Almajdediah on specific vehicles.

## Related profiles

- [ASEAN Fintech Group](https://altss.com/profile/asean-fintech-group)
- [Aseer Investment Company](https://altss.com/profile/aseer-investment-company)

---

Last updated: 2026-07-10T19:54:01.000Z

Canonical page: https://altss.com/profile/aseel

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology