Exit Finance was founded in 2022 to build a vital piece of software infrastructure that unlisted securities were missing: reliable ownership records, organized governance and clear ownership transfer.
We launched our platforms to serve owners and shareholders: Hefth for shareholder registers and company governance, and the Tanaqul app for tracking and managing holdings in closed joint-stock companies.
We worked hard to obtain the Capital Market Authority's authorization for a fintech experiment in share ownership transfer, laying the first bricks of Saudi Arabia's alternative markets.
As the platform matured, our solutions grew beyond unlisted companies to cover other markets, such as listed companies and cooperative societies.
We then saw the need for a marketplace where people trade precious metals directly with each other, so we launched Tanaqul Precious, built on a chained ledger checked by validators, recording the ownership of every bar held in secured vaults.
A board member with more than 10 years of experience, she sits on the board of Adnah Holding and chairs its Business Development Committee, and previously served on the board of managers of Thimad Trading Company. She holds a master's degree in insurance.
Vice Chairman
Independent
Partner and CEO of Al-Fanoos Trading Company, with more than 18 years of experience in industrial equipment, contracting and real estate development. He holds a bachelor's degree in finance from King Saud University.
Board Member
Independent
Former Mayor of Diriyah, he held leadership roles at SAPTCO and the Ministry of Transport and is now Executive Vice President of MHG Group. He holds a bachelor's degree in urban planning and design from King Saud University.
Board Member
Independent
Operations Manager at Derayah Financial, with more than 23 years of experience in brokerage operations and capital markets at Muscat Capital, ANB Invest and Aljazira Capital. He holds a bachelor's degree in economics and administration from King Abdulaziz University.
Board Member and CEO
Executive
Brings strategic analysis and data-driven decision-making, strategic planning and business development, with deep knowledge of financial securities. He holds a master's degree in leadership from Naif Arab University for Security Sciences.
Chief Executive Officer
Co-founder and CEO of Exit Finance. He also leads Adnah Holding and Ganat Real Estate as CEO, and chairs Thimad Trading Company, which he co-founded in 2015 and led as CEO until 2024.
