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Expert Investing, Tailored Solutions

Shaping Our Collective Financial Futures

Strategic investing and asset management services

GFH Equities is a premier alternative investment and asset management firm, partnering with high quality companies and providing strategic solutions to global clients. Our team has substantial investment, operating and financial management experience, enabling us to drive value creation in portfolio companies and managed assets.

Investment capabilities include private equity, growth equity, private credit, special situations and other alternative strategies. We invest in companies globally, with a focus on direct investments across the MENA region and strategic partnerships in other attractive geographies. We partner with talented management teams to drive growth and create value through our expertise in corporate governance, finance and strategy.

Asset management services span innovative equity and debt solutions, with a focus on regulated investment opportunities, equity advisory and capital markets strategies. Our independence and leading market intelligence allow us to offer tailored advice for capital raising, refinancing, and investment strategies.

Since our inception, we remain dedicated to creating long-term value, facilitating efficient capital access and ensuring our clients’ success.

Empowering Positive Financial Outcomes

Private Equity

Growth and buyout investments, minority investments in public companies, and investments prior to an initial public offering.

Alternative Strategies

Targeted strategic partnerships with reputed managers to invest in niche global sectors, geographies and asset classes.

Investment Management

Tailored Shariah-compliant investment portfolios, spanning various asset classes and geographies, with personalized wealth management solutions.

Brokerage

Premier access to trade equities across MENA, offering seamless brokerage solutions and support for individual and institutional investors.

Custody

Secure safekeeping of financial instruments with comprehensive services including settlement, reporting, and corporate actions.

Market Making & Research

Facilitating market liquidity and providing in-depth analysis of listed companies and capital markets for informed investment decisions.

Our Vision

To be a leading force in the global financial landscape, pioneering innovative, Shariah-compliant investment solutions that empower our clients to achieve their financial aspirations, while fostering sustainable growth and prosperity in the communities we serve.

Leadership with Vision

Executive Management

Chief Executive Officer

Khaldoon Alhaj Hasan

Khaldoon is serving as Chief Executive Officer of GFH Equities. He is an investment professional with over 25 years of experience and the founder of Ithmar Capital and Ithmar Capital Partners which had an impressive track record of managing more than US$1.2 billion of investments across the GCC region. He is also a founder of Amanat Holdings which is the GCC’s largest integrated healthcare and education Investment Company. Amanat Holdings was listed on the Dubai Financial Market in 2014 with a paid up capital of AED 2.5 billion where he served as its Chief Executive Officer.

Khaldoon currently serves on the boards of a number of private companies. He also served as a board director of Al-Noor Hospitals, based in Abu Dhabi, which he also co-led its initial public offering on the London Stock Exchange as a FTSE 250 company being valued up to US$ 2 billion. Additionally, he also served as the Vice chairman of a publicly listed company in Kuwait.

Khaldoon was recognized amongst the top 100 CEO’s in the GCC region in 2017 and was a member of the Young Presidents Organization (YPO). A graduate of Boston University, USA, he holds a BS and MSc in manufacturing engineering and an MBA in Business Administration with honors.

Chief Administrative Officer & Board Secretary

Mohamed Ahmed Buhajeeh

Mr. Mohamed Buhajeeh is serving as Chief Administrative Officer at GFH Equities since 2016. He is responsible for the business operations across board.
Mr. Buhajeeh has more than 20 years of previous experience which includes Arcapita Bank and Kuwait Finance House.
Mr. Buhajeeh is a holder of a Master of Business Administration and a Bachelor’s of Science both from Canisius College and is a holder of the Advanced Islamic Banking Diploma from BIBF.
Acting Head of Financial Planning

Nupur Daga

Ms. Nupur Daga is serving as Acting Head of Financial Planning at GFH Equities since September 2019. She is responsible for the company’s overall financial plan and policies.
Ms. Daga has consulting and banking experience and exposure since 2007 in institutions such as Ahli United Bank and Assure Consulting.

Ms. Daga holds a Master’s degree in Financial Analysis and Fund Management from Exeter Business School, Masters of Commerce in Accountancy and Business Statistics and a Bachelors of Commerce from the University of Rajasthan (Jaipur). She is a Chartered Accountant from the Institute of Chartered Accountants of India.

Singular Vision, Diversified Guidance

Board Of Directors

Chairman, Executive Director

Hisham Alrayes

Hisham Alrayes is the Chairman of GFH Equities and the Chief Executive Officer and member of the Board of Directors of GFH Financial Group (‘GFH’), a dynamic financial group headquartered in the Kingdom of Bahrain. GFH currently has more than US$12 billion of assets under management as part of its activities which comprise wealth management, real
estate, commercial banking and asset management services.

In addition, Hisham also serves as Chairman of Esterad Investments, and he is a Director on a number of financial, industrial and real estate company Boards including Khaleeji Commercial Bank and GFH Capital.

Hisham holds a Master’s degree with honors in Business Administration from the University of DePaul, Chicago (USA), and a Bachelor’s degree in Engineering with honors from the University of Bahrain.

Vice Chairman, Independent Director

Isa Abdulla Zainal

Mr. Zainal is currently associated with Arcapita Group as an advisor and is also serving on the Board of a number of companies including Khaleeji Commercial Bank.
Prior to retirement, Mr. Zainal served Arcapita Group for over 13 years as Executive Director, Global Head of Financial Control.
Mr. Zainal has also served Al Baraka Banking Group as Chief Financial Officer for over 3 years and also Andersen in Bahrain for 15 years.
Mr. Zainal holds B.S. degree with honors in Accounting from University of Bahrain and is a Certified Public Accountant from Georgia, USA.
Board Member, Executive Director

Salah Sharif

A key player in the strategic management of the Group’s core operational functions, Salah Sharif, Chief Operating Officer of GFH, is also responsible for ensuring the highest standards of operational excellence across the Group’s Special Purpose Vehicles and project companies. He has more than 30 years of regional and
international exposure to conventional and Islamic banking and finance with experience across commercial and wholesale banking and in industrial and infrastructure advisory sectors. In addition to his executive role at the Group, Salah also serves on a number of investee company boards. He is the Chairman of Falcon Cement Company, Vice Chairman of GFH Properties and Vice Chairman of Gulf Holding Company, and a Board Member of Khaleeji Commercial Bank.

Prior to his current role in GFH, Salah was seconded as the CEO of Cemena Holding Company (CHC), an industrial subsidiary of the Group, which is one of the largest cement holding companies in the MENA region. Previously, he held a number of senior roles in leading, global financial institutions, including American Express and Standard Chartered Bank where he held key executive positions.

Salah holds an MBA from the University of South Wales, UK. He is also a graduate of Harvard Business School Senior Executive Leadership Program, Boston, USA.

Board Member, Executive Director

Majed Abdulla Al Khan

Majed AlKhan is a renowned businessman who brings more than 23 years of extensive experience in real estate private equity and assets management to Infracorp. He is a recognized financial engineer with more than 1 million square meters of completed flagship developments under his leadership.

Majed’s objective is to lead Infracorp to be recognized as one of the key international groups specializing in developing and investing in sustainable social infrastructure projects through creating a platform whereby stakeholders can achieve wealth optimization. Majed chairs and holds a number of directorships including Chairman of Gulf Holding Company (GHC), Chairman of ASK Real Estate W.L.L., board member of Balexco B.S.C, Falcon Cement B.S.C., Tunis Bay Project Company and Royal Parks Marrakech.

Majed holds a B.A. (with honors) in International Finance and Accounting from Newcastle's Northumbria University at Newcastle, England and had taken executive roles in HSBC Middle East and Inovest Bahrain prior joining Infracorp. He was also named one of Forbes Middle East’s Most Impactful Real Estate Leaders of 2024, leading the Bahraini market.

Board Member, Independent Director

Eyad Yusuf Sater

Mr. Satar retired in May 2016 after gaining 33 years of experience in Banking (1983 to 2016). Prior to retirement, Mr. Eyad was associated with Al Salam Bank as group COO. Before that, he was with BMI Bank as acting CEO (before merger). Prior to that he was mainly with National Bank of Bahrain (NBB) in the roles of Head of Operations,
Head of Riyadh Branch and Head of Abu Dhabi Branch. Mr. Eyad holds a Master degree in Business Administration from the University of Glamorgan, United Kingdom. He also serves on the Board of AFAQ Institute of Aviation Technology and Eazy Financial Services.

Financials & Corporate Governance

2023
Financial Statement
2022
Financial Statement
2021
Financial Statement
2020
Financial Statement
2019
Financial Statement
2018
Financial Statement

Corporate Governance

GFH Equities upholds the highest standards of transparency, accountability, and ethical conduct, which are fundamental to our commitment to sustainable growth and stakeholder trust.

Contact.

PO Box: 1486
GFH Equities B.S.C. Closed
Floor 11, Building 1411, Road 4626, Manama Sea-Front, Kingdom of Bahrain
Telephone: +973 17200 200 Fax: +973 17200 300 CR: 65708

Complaints Officer.

Mohamed AlHusaini
GFH Equities B.S.C. Closed
Floor 11, Building 1411, Road 4626, Manama Sea-Front, Kingdom of Bahrain
Telephone: +973 17549 533 Fax: +973 17200 300
Email: complaints@gfhequities.com

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