MuhannadAl-Sanee concurrently holds office as founder, chairman, and managing director for several Kuwaiti Joint Stock Companies. Muhannad has sixteen-plus years of a proven track record inbuilding sustainable businesses and long-term shareholder value. Muhannad Al-Sanee has a vast experience in Islamic finance, investment banking, financial services, and establishment of companies. He holds multiple positions and plays a significant role in setting up several KSCC companies.He is currently the managing partner of almowazi.com, chairman and CEO of Al-Riyada Finance & Investment Company, vice chairman and CEO of Al-Reef Real-Estate Company, secretary general and board member of the Kuwait Economic Society, and board member of Al-Oula Slaughterhouses Company. He has been recognized for his dynamism, outstanding brilliance, and invaluable contribution to e-commerce and has been bestowed with the prestigious Kuwait E-Award, sponsored by the Kuwait Foundation for the Advancement of Sciences (KFAS) under the patronage of his highness, Sheikh Sabah Al-Ahmad Al-Sabah, the emir of Kuwait, for his achievement in developing the almowazi.com project, an online investment opportunity in unlisted shares by trading shares of unlisted companies.
Muhannad’s academic credentials include an executive education program and alumni status earned in November 2013 from Harvard Business School’sProgram for Leadership Development (PLD), as well asa bachelor’s degree in accounting from Kuwait University.
Al-Riyada Finance & Investment Co. KSC
Established in 2008 with a paid up capital of KD 15 million (USD 53 million), Al-Riyada Finance & Investment Company is an Islamic finance and investment company, based in Kuwait and operates under the umbrella of the Central Bank of Kuwait, and The Capital Market Authorities, in addition to a specialized Sharia committee.
Despite starting in the year of the biggest global financial crisis in history, which had negative consequences on finance and investment industry, as all asset classes witnessed sharp declines and finance resources tightened, yet Al-Riyada performed positively simply because of investing in a different direction.
Additionally, Al-Riyada enjoys a set of fundamentals supporting the company to achieve success including; its opportunistic approach, a qualified team of human resources, and its strong network with Islamic banks, finance institution, and investors. Al-Riyada could also develop a significant investment portfolio by offering comprehensive finance solutions which are customized according to the client’s needs including access to finance resources, restructuring consultations, and direct investment.
Currently, the company is striving to expand its client base, and enhance its position among its peers in the finance industry regionally, benefiting from its proven track-record.