About Us
Quara Finance, a Saudi company licensed by the Saudi Central Bank, is revolutionizing consumer and SME finance by providing instant Shariah-compliant products and solutions through a single app. Founded in 2009 as an LLC, Quara Finance became a closed shareholding company in 2013 with a capital of 
100 million. By 2017, capital increased to 150 million and now stands at 300 million.
100 million. By 2017, capital increased to 150 million and now stands at 300 million.
Values + Principles
Quara Finance is guided by integrity, customer focus, and innovation. We emphasize transparency and ethical conduct, delivering tailored Shariah-compliant solutions. Committed to accountability, excellence, and adaptability, we empower our clients and uphold strong social responsibility while maintaining top operational standards.
Empowerment
Customer-centric
Shariah-Compliant
Innovation
Transparency
Adaptability
Social Responsibility
Empowerment
Customer-centric
Shariah-Compliant
Innovation
Transparency
Adaptability
Social Responsibility
Our Vision
To be a pioneer in providing innovative financial solutions and optimal image for individuals and institutions.
Our Mission
To provide financing products that suit the needs of individuals and entities, through high-performance institutional transactions, using the latest systems in accordance with the provisions of Islamic Sharia.
Ready to Empower your financial journey?
Get up to 
50,000 from Quara Finance with fast approval and a flexible repayment schedule that is designed to suit your needs.
50,000 from Quara Finance with fast approval and a flexible repayment schedule that is designed to suit your needs.
Board Committee
Abdullah bin Abdulrahman AlShilash
ACADEMIC QUALIFICATIONS
- Master’s – Columbia University (USA).
- Master’s in business administration – Thunderbird University.
- Bachelor’s in finance – Arizona State University (USA).
POSITION
- Chairman of the Board of Directors
- Chairman of the Executive Committee
- Member of the Risk and Credit Management Committee
PRACTICAL EXPERIENCE
- Al Khair Capital Company – CEO.
- Abdullah Al Othaim Investment –Board Member.
- Leader Investment Company –Board Member.
Abdulkarim bin Abdulaziz Aldoaiji
ACADEMIC QUALIFICATIONS
- Master of Computer Science - West Coast University (USA).
- Bachelor of Computer Science - University of California (USA).
POSITION
- Deputy Chairman of the Board of Directors.
- Member of the Audit Committee.
- Member of the Nominations and Remuneration Committee.
PRACTICAL EXPERIENCE
- Al Khair Capital Saudi Arabia – Board Member.
- Capital Market Authority – Advisor.
- Investment Capital Company – CEO.
- Bank Al Bilad – CEO Advisor.
- Gulf International Bank – CEO Advisor.
- Dar Al Arkan Real Estate Company – Board Member.
Tarek Sami Zeitoun
ACADEMIC QUALIFICATIONS
- Bachelor of Information Systems
Engineering - University of Man-
chester (UK).
POSITION
- Member of the Board of Directors.
- Member of the Executive Committee.
PRACTICAL EXPERIENCE
- Wasalt Real Estate Services Company - Board Member.
- Themar Arabia Company - General Manager of Digital Solutions.
- Al-Baheth Al-Maaloumi Company - Executive Director
Mohammed bin Musfer Al-Malki
ACADEMIC QUALIFICATIONS
- Master of Business Administration - Alfaisal University
POSITION
- Member of the Board of Directors
PRACTICAL EXPERIENCE
- Madar Investment Company - CEO.
- Capital Market Authority - Director of Inspection.
- Kasb Financial Company - CEO.
- Najith for Financial Consulting - CEO.
- General Authority for Small and Medium Enterprises - Deputy Governor for Finance.
- Al Anson Trading Company – Member of the Board of Directors, Member of the Nominations and Audit Committee.
- Arab Sea Information Systems Company – Member of Audit Committee.
- Kafalah Program – Member of the Board of Directors, Member of Executive Committee, Chairman of the Audit Committee.
- Indirect Lending Initiative (Private Sector Stimulation) – Steering Committee Chairman and Credit Committee.
- Jada – Member of the Board of Directors.
- Zar Amwal Company – Member of the Board of Directors.
- Thakher Development Company – Member of the Board of Directors.
- Oil Parks Development Company – Member of Audit Committee.
- Riyadh Health Cluster 1 – Member of Internal Audit Committee.
- Yaqeen Capital Company – Member of the Board of Directors Investment Funds.
- Bayan Credit Information Company – Member of the Board of Directors, Member of Executive Committee.
- Saudi Bangladeshi Industrial and Agricultural Investment Company (SABINCO) – Member of the Board of Directors, Member of Executive Committee, Member of Internal Audit Committee.
- Saudi Real Estate Company – Member of the Board of Directors, Member of Nominations and Remuneration Committee.
Khaled Bin Mohammed Faqeeh
ACADEMIC QUALIFICATIONS
- Business Administration Course
(Finance and Business) – Stanford
University - Leadership Course (Business
Administration) – Harvard University - Bachelor of Computer Science and
Statistics – King Abdulaziz University
POSITION
- Member of the Board of Directors
PRACTICAL EXPERIENCE
- Red Sea International Company – CEO – Managing
Director. - Samba Financial Group – General Manager of Corporate
Finance Group. - Saudi Investment Bank – Corporate Finance Officer.
- Saudi United Bank – Corporate Finance Officer.
- Arab National Bank – Corporate Finance Officer.
Abdulrahman bin Abdulaziz Almasnad
ACADEMIC QUALIFICATIONS
- Bachelor of Administrative
Sciences (Accounting) – King Saud
University (Saudi Arabia)
POSITION
- Board Member
PRACTICAL EXPERIENCE
- Al Khair Capital Company – Member of the Board of
Directors. - KPMG Al Fozan & Partners – Director of the Consulting
Department. - Alia Group – Head of Real Estate and Assets Department.
- Alia United Company – General Manager.
- Alia United Company – Project Manager.
Anand Sudarshan Raheja
ACADEMIC QUALIFICATIONS
- MBA (Finance) – New York University (USA)
- Bachelor of Commerce – University of Delhi (India)
POSITION
- Chairman of Risk and Credit Committee.
- Member of the Board of Directors.
PRACTICAL EXPERIENCE
- Dar Al Arkan Real Estate Development Company - CEO.
- Dar Al Arkan Real Estate Development Company - CFO.
- Faber Finance - Executive Director.
