Raya Financing Company announces the appointment of a Chief Financial Officer

Perp Sukuk RayaTadawulAugust 3, 2026View on exchange

AI Summary

Raya Financing Company appointed Mr. Mohammed Jasim Mohammed Al-Ebrahim as Chief Financial Officer, effective July 12, 2026.
The appointment followed the receipt of a no-objection letter from the Saudi Central Bank (SAMA) on May 3, 2026.
Mr. Al-Ebrahim has over 18 years of leadership experience in Islamic banking and Shariah-compliant finance, including expertise in financial operations and regulatory transformation in Saudi and Bahraini markets.

Element List	Explanation
Announcement Detail	Raya Financing Company announces the appointment of Mr. Mohammed Jasim Mohammed Al-Ebrahim as Chief Financial Officer, effective 12 July 2026. Mr. Al-Ebrahim has more than eighteen years of leadership experience in Islamic banking and Shariah-compliant finance, with specialist expertise in the implementation of IFRS and AAOIFI standards and in regulatory transformation. His experience covers financial operations, treasury and capital allocation across the Saudi and Bahraini markets, together with financial transformation programs, governance enhancement, and group-level financial consolidation. The appointment was made following the no-objection of the Saudi Central Bank dated 3 May 2026.

Element List

Explanation

Announcement Detail

Raya Financing Company announces the appointment of Mr. Mohammed Jasim Mohammed Al-Ebrahim as Chief Financial Officer, effective 12 July 2026.

Mr. Al-Ebrahim has more than eighteen years of leadership experience in Islamic banking and Shariah-compliant finance, with specialist expertise in the implementation of IFRS and AAOIFI standards and in regulatory transformation. His experience covers financial operations, treasury and capital allocation across the Saudi and Bahraini markets, together with financial transformation programs, governance enhancement, and group-level financial consolidation.

The appointment was made following the no-objection of the Saudi Central Bank dated 3 May 2026.