ABDULLATIF AL SHELASH
Board of Directors, Saudi Home Loans
About Abdullatif Al Shelash
Sheikh Abdullatif Al Shelash is on Saudi Home Loans’ board of directors. The company raised $423 million from retail investors in its initial public offering under Sheikh Abdullatif Al Shelash's leadership.
He helped Saudi Home Loans become the first company to provide mortgage assistance to Saudis. Shelash is a founding member and still a director of the company.
Sheikh Abdullatif Al Shelash graduated from Purdue University in Indiana with a bachelor's degree in facility leadership and supervision. Former astronaut Neil Armstrong and NFL legend Drew Brees are other notable Purdue graduates.
Additionally, Sheikh Abdullatif Al Shelash holds an MBA from the University of Findlay in Ohio.
Roles and Titles
With more than 18 years of experience, Al Shelash is an expert in financial management systems. Over the years, he’s served numerous executive roles, including managing director, board member, and founder.
Bank Alkhair B.S.C. — Founder, Investor and Board Member 2004 to 2019
Sheikh Abdullatif Al Shelash founded Bahrain's Bank Alkhair B.S.C. He was also an investor and served on the board until 2019.
Dar Al Arkan — Managing Director and Board Member 2001 to 2019
Sheikh Abdullatif Al Shelash managed Dar Al Arkan real estate development company from 2005 to 2019. Euromoney magazine deemed Dar Al Arkan the Best Residential Property Developer in Saudi Arabia. Sheikh Abdullatif Al Shelash helped raise $1.4 billion for Dar Al Arkan through a domestic private placement. Among the company's collaborators are haute designers Missoni, Versace, Elie Saab, and Roberto Cavalli. At Dar Al Arkan, he developed Parisiana Living, a multipurpose, family-oriented community in Riyadh, Saudi Arabia.
T'azur Insurance Company — Member of the Board of Directors 2007 to 2020
Sheikh Abdullatif Al Shelash served on the board of directors of Bahrain’s T'azur Insurance Company between 2007 and 2020.
Alkhair Capital — Member of the Board of Directors 2009 to Current
Sheikh Abdullatif Al Shelash serves on the board of Alkhair Capital, a company that manages funds and provides securities consulting services.