# National Capital

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

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Riyadh, Saudi Arabia
- **Region:** Middle East
- **Address:** 7586 King Fahd Branch Rd, 4119 Ar Rahmaniyah Dist, Moon Tower, Floor 24, Riyadh 12341, Kingdom of Saudi Arabia
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** nationalcapital.com.sa
- **LinkedIn:** https://www.linkedin.com/company/national-capital
- **Wikidata:** Q108178728

## Regulatory record

- **Reports private funds:** No

## About

National Capital is a financial advisory firm based in Auckland, New Zealand. Founded in 2018, it provides advice on KiwiSaver investment research and retirement planning. The company assists individuals in selecting KiwiSaver providers and funds based on their financial goals and situation.

## People

- Nasser Al Madi — Chairman
- Fahad Bushaqer — CEO

## Questions

### Who runs investment decisions at National Capital?

CEO Fahad Bushaqer leads the executive management team, with Chairman Nasser Al Madi providing board-level oversight. A Shariah Committee ensures all investment activities comply with Islamic finance principles. The firm does not publicly name individual fund managers or investment committee members.

### What investment structures does National Capital offer?

National Capital structures and manages private equity, venture capital, real estate, and financing funds. It also offers discretionary portfolio management for Saudi public equities and money markets, alongside investment banking services including IPO advisory, finance arranging, and financial restructuring.

### Does National Capital invest outside Saudi Arabia?

All publicly disclosed activity references Saudi Arabia. The firm's website and regulatory filings describe a domestic focus, and no international offices or cross-border fund mandates are identified.

### Is National Capital a Shariah-compliant investor?

Yes. The firm maintains a Shariah Committee within its governance structure and explicitly describes its funds and portfolios as Shariah-compliant. This constraint applies across private equity, venture capital, real estate, and public-market strategies.

### What is National Capital's relationship with the Saudi Capital Market Authority?

National Capital is a CMA-licensed firm, which means it operates under the regulator's rules for fund management, investment banking, and discretionary portfolio management. The firm publishes audited financial statements and annual board reports as part of its ongoing CMA disclosure obligations.

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Last updated: 2026-06-03T20:00:00.000Z

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