Faith Capital

Mohammed Al-Shaya serves as Founder and Managing Partner and is the primary decision-maker for all investments. The firm operates with a flat structure where Al-Shaya's retail operating experience — rather than a traditional investment committee — drives deal selection. He draws on senior advisors from the Alshaya Group's logistics and digital transformation divisions to evaluate technical and operational fit.

Faith Capital is an independent private investment firm founded by Mohammed Al-Shaya, whose family controls M.H. Alshaya Co., the Kuwait-based franchise retail conglomerate. The two entities are legally separate, but Faith Capital's investment thesis and portfolio support leverage Alshaya's operational infrastructure, supply chain relationships, and commercial real estate access across 19 countries. Alshaya Group does not act as a limited partner in Faith Capital's fund.

Faith Capital writes initial checks between $500,000 and $3 million, typically leading or co-leading seed rounds for GCC-headquartered startups. The firm targets companies with product-market fit and early revenue who need distribution and operational scaling more than pure venture funding. Follow-on reserves are maintained for select portfolio companies, with JustClean receiving multiple rounds since 2018.

Faith Capital concentrates its direct investments in Kuwait, the United Arab Emirates, and Saudi Arabia, with secondary exposure to Bahrain and Oman. The firm will evaluate companies in other MENA markets if they have a clear path to Saudi market entry — the region's largest consumer economy — but has not publicly disclosed investments in North Africa or the Levant.

Faith Capital invests a combination of Mohammed Al-Shaya's personal capital and commitments from a limited group of external limited partners, primarily regional family offices and high-net-worth individuals. The firm does not publicly disclose its fund structure or LP composition, and AUM has never been publicly reported. This hybrid model gives Al-Shaya significant autonomy compared to institutional fund managers with rigid deployment mandates.

Faith Capital avoids sectors where the Alshaya operating network cannot provide a strategic advantage — notably upstream oil and gas, heavy industry, biotechnology, and defense technology. The firm also does not back pure software-as-a-service companies that lack a physical distribution or logistics component, preferring models where commercial relationships, warehousing, or last-mile delivery create barriers to entry.

Faith Capital will co-invest alongside regional and international venture capital firms on a deal-by-deal basis. The firm led JustClean's early rounds and has participated in syndicates with Middle East-focused funds. Al-Shaya prefers lead or co-lead roles that justify operational involvement, and does not typically join late-stage rounds where strategic influence diminishes.