# Himmah Capital

Himmah Capital is a Private Equity based in Riyadh, Saudi Arabia.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Riyadh, Saudi Arabia
- **Region:** Middle East
- **Address:** Riyadh, Saudi Arabia
- **Founded:** 2010
- **Assets under management:** Undisclosed
- **Website:** www.himmahcapital.com
- **LinkedIn:** https://www.linkedin.com/company/himmah-capital-limited

## Regulatory record

- **Reports private funds:** No

## About

Himmah Capital Limited is an independent financial advisory firm founded by seasoned bankers with over sixty years of combined regional experience. The firm operates as an extension of its clients, providing senior-level advisory on shareholder and board matters and executing transactions across a wide range of industries. Its businesses include Investment Banking, Asset Management, and Strategic Advisory. It is supported by respected Saudi families and guided by an experienced board, and is committed to long-term partnerships with select families and institutions.

## People

- Abdulelah A. Abunayyan — Chairman
- Sajid Riaz — Co Founder, Managing Partner
- Syed Asim Zafar — Co Founder, Managing Partner
- Farhan Meerza — Partner, Investment Banking
- Mhammad Kbar — Director, Private Equity & Investment Banking
- Pinkey Manish — CFA, Associate, Investment Banking
- Zulfiqar Kazmi — Associate, Investment Banking & Private Equity
- Othman Al Hokail — Analyst, Investment Banking
- Saleh Al Sikhan — Analyst, Investment Banking
- Fay Bin Naji — Analyst, Investment Banking
- Adrian Marrugo — Analyst, Investment Banking
- Laiba Taufiq — Trainee Analyst, Investment Banking
- Muhammad Al Rasheed — Trainee Analyst, Investment Banking

## Questions

### What is Himmah Capital's investment strategy?

Himmah Capital pursues a dual-track strategy combining growth equity, pre-IPO financing, and restructuring or turnaround situations. This mandate allows the firm to deploy capital across the corporate lifecycle — from late-stage growth companies needing expansion funding to underperforming businesses requiring operational or financial restructuring. The firm is based in Riyadh and concentrates on Saudi Arabian and broader GCC opportunities.

### Who runs investment decisions at Himmah Capital?

The firm has not publicly identified its founding partners, investment committee members, or senior deal professionals. No senior leadership is listed on the company's website, and the firm does not maintain a public LinkedIn presence. This lack of disclosed principals is unusual but not unprecedented among closely held Saudi investment firms operating outside the listed-fund ecosystem.

### What distinguishes Himmah Capital from other Saudi PE firms?

The firm's stated ability to move between growth equity and restructuring sets it apart structurally. Most Saudi private capital allocators specialize in either venture/growth or distressed/turnaround situations. Himmah Capital's blended mandate lets it engage with a company at multiple points in its life cycle — a flexibility that can produce deeper deal pipelines and more influence over outcomes in a relatively small market.

## Related profiles

- [Himile Capital](https://altss.com/profile/himile-capital)
- [Hina Group](https://altss.com/profile/hina-group)

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Last updated: 2026-08-11T15:06:57.816Z

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