SNB Capital

SNB Capital is the wholly owned securities and asset-management subsidiary of Saudi National Bank, the Kingdom's largest commercial bank. The firm operates under a Capital Market Authority license that covers dealing, underwriting, managing, arranging, advising, and custody. Its balance sheet is capitalized with SAR 1.5 billion in paid-up share capital.

The firm manages public mutual funds (equity, fixed-income, multi-asset, and liquidity products), private real-estate funds including the AlAhli REIT Fund (1), and alternative investment funds. Through its DIFC entity, it also oversees a range of private funds across multiple asset classes. Its investment-banking division provides IPO, ECM, DCM, and M&A advisory services.

The firm markets Shariah-compliant financial solutions across asset management and wealth management, and its product shelf includes explicitly Islamic liquidity and equity funds. However, it also runs conventional securities-services lines — global trading, margin financing, and securities borrowing and lending — so the platform as a whole is not exclusively Shariah-compliant.

SNB Capital’s private-funds arm in the DIFC allocates to a range of external funds alongside managing in-house vehicles. Its mutual-fund shelf is predominantly captive, but the DIFC entity positions it as a gatekeeper that can blend proprietary and third-party strategies for regional investors.

AlAhli REIT Fund (1) is a publicly traded Saudi real-estate investment trust that distributes cash dividends to unitholders. The fund’s portfolio is valued semi-annually, and audited annual financial statements are published on the firm’s website — the most recent reports cover the period ending 31 December 2025.

The investment-banking unit benefits from the Saudi National Bank corporate-banking relationship network, which spans the Kingdom’s largest public and private companies. Recent mandates include advising Seera Group Holding on a share-capital reduction, and the firm publicly announces IPO, ECM, and M&A assignments through the Saudi stock exchange disclosure system.

Yes. SNB Capital operates a regulated subsidiary in the Dubai International Financial Centre that oversees a range of private funds. Its securities-services arm provides market-access and global-trading capabilities, giving international investors an entry point to Saudi equities and fixed income while allowing domestic clients to access foreign markets.