Nayifat Instalment Executive and Leadership Team

May, 2026

Leadership Overview

Nayifat Instalment has 5 executives leading key functions including financial reporting, finance, risk management, revenue generation, and sales.

Driven by a commitment to customer service, Nayifat Instalment supports Saudi Arabia's economic growth through flexible, Sharia-compliant financing solutions for individuals and SMEs, enhancing purchasing power with diverse credit card options.

Leadership Roles at Nayifat Instalment

  • Chief Financial Officer - Aariff Ahmed
  • Deputy Acting Chief Financial Officer - Safwat Khalid
  • Chief Risk Officer & Chief Revenue Officer - Fawwaz Alzuhair
  • Head of Financial Reporting - Mohammed Al-Shaker
  • المبيعات - Abdulrahman Al-Dhafiri
  • Aariff Ahmed - Chief Financial Officer

    Aariff Ahmed, the Chief Financial Officer at Nayifat Instalment, architects the company's overall financial strategy and fiscal management. This executive directs all financial planning, budgeting, and forecasting activities, ensuring the company's financial health and sustainable growth. Ahmed oversees treasury operations, capital allocation, and investment strategies, crucial for expanding Nayifat's personal loan, credit card, and SME financing offerings. The Chief Financial Officer also manages relationships with financial institutions and investors, securing capital to support the company's expansion and its alignment with the Kingdom's 2030 vision. Aariff Ahmed's oversight extends to risk management frameworks and internal controls, ensuring robust financial governance. This leadership position is fundamental to delivering flexible, Sharia-compliant financial solutions and enhancing customer purchasing power through innovative credit products.

    Safwat Khalid - Deputy Acting Chief Financial Officer

    Safwat Khalid, the Deputy Acting Chief Financial Officer at Nayifat Instalment, supports the Chief Financial Officer in managing the company's financial operations and strategic initiatives. This role involves assisting in financial planning, analysis, and reporting, ensuring the accuracy and integrity of financial data. Khalid contributes to the oversight of budgeting processes and the management of cash flow, critical for providing flexible repayment options on personal loans and SME financing. The Deputy Acting Chief Financial Officer also plays a part in monitoring financial performance against targets and identifying areas for operational efficiency. Safwat Khalid's responsibilities include supporting the implementation of financial controls and ensuring adherence to Sharia-compliant practices, thereby reinforcing Nayifat's commitment to customer service and its role in Saudi Arabia's economic growth. This position is key to maintaining financial stability and supporting the company's diverse product offerings.

    Fawwaz Alzuhair - Chief Risk Officer & Chief Revenue Officer

    Fawwaz Alzuhair, the Chief Risk Officer & Chief Revenue Officer at Nayifat Instalment, drives both the mitigation of financial and operational risks and the expansion of the company's revenue streams. This dual role demands a strategic approach to safeguarding assets while aggressively pursuing market growth. Alzuhair oversees the development and implementation of comprehensive risk management policies, ensuring compliance with Sharia principles and regulatory standards for personal loans, credit cards, and SME financing. Concurrently, this executive directs sales strategies and revenue generation initiatives, focusing on increasing market share and customer acquisition across public and private sectors. Fawwaz Alzuhair's leadership ensures that risk appetite aligns with revenue targets, supporting Nayifat's contribution to Saudi Arabia's economic development under the 2030 vision. The focus is on sustainable revenue growth coupled with robust risk controls.

    Mohammed Al-Shaker - Head of Financial Reporting

    Mohammed Al-Shaker, the Head of Financial Reporting at Nayifat Instalment, directs the accurate and timely preparation of all financial statements and reports. This role involves ensuring compliance with regulatory requirements and accounting standards, providing critical data for strategic decision-making. Al-Shaker oversees the reconciliation of financial accounts and manages the internal controls framework to safeguard company assets. The Head of Financial Reporting also collaborates with external auditors, facilitating smooth audit processes and addressing any financial discrepancies. Mohammed Al-Shaker's leadership ensures transparency and integrity in all financial disclosures, supporting the company's mission to provide accessible financing solutions aligned with Saudi Arabia's 2030 vision. This function is vital for maintaining investor confidence and operational efficiency within the finance sector.

    Abdulrahman Al-Dhafiri - المبيعات

    Abdulrahman Al-Dhafiri, the المبيعات at Nayifat Instalment, leads the sales force responsible for driving revenue growth across all financing products. This executive directs the execution of sales strategies aimed at individuals and small to medium enterprises, focusing on expanding market reach for personal loans and credit cards. Al-Dhafiri oversees the development of sales pipelines, customer relationship management, and the achievement of sales targets, ensuring alignment with the company's overall business objectives. The المبيعات works to enhance customer acquisition and retention by promoting Nayifat's flexible repayment options and Sharia-compliant financial solutions. Abdulrahman Al-Dhafiri's leadership is instrumental in translating the company's product offerings into tangible sales success, contributing directly to Nayifat's support of Saudi Arabia's economic development and the Kingdom's 2030 vision. This role is central to increasing the company's market presence and customer base.

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    Frequently Asked Questions Regarding Nayifat Instalment Top Executives and Leadership Team

    Who leads Nayifat Instalment?
    Nayifat Instalment is led by Aariff Ahmed (Chief Financial Officer), along with executives such as Safwat Khalid (Deputy Acting Chief Financial Officer) and Fawwaz Alzuhair (Chief Risk Officer & Chief Revenue Officer).
    Who is part of Nayifat Instalment’s executive team?
    The executive team of Nayifat Instalment includes leaders such as Aariff Ahmed (Chief Financial Officer), Safwat Khalid (Deputy Acting Chief Financial Officer), Fawwaz Alzuhair (Chief Risk Officer & Chief Revenue Officer) and other senior executives.
    How many executives does Nayifat Instalment have?
    Nayifat Instalment has 5 executives leading key business areas.
    What roles are included in Nayifat Instalment’s leadership team?
    The leadership team of Nayifat Instalment includes roles such as Chief Financial Officer, Deputy Acting Chief Financial Officer, Chief Risk Officer & Chief Revenue Officer, Head of Financial Reporting, المبيعات.