• Madfu raises $25.5M in pre-Series A round led by Afaq Capital
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About Afaq Capital

Afaq Capital is a licensed, closed joint-stock company based in Riyadh that specializes in capital markets activities including private equity, sukuk issuance, and investment management for funds and investment portfolios. It operates as a sharia-compliant investment platform, offering financing and advisory services for debt instruments and fund management. The company emphasizes regulated activities under the Saudi Financial Authority framework and presents opportunities for investors through sector-focused financial instruments across Saudi Arabia. It also highlights investment opportunities and risk disclosures for potential investors on its platform.

Recent News

No recent news for this company.

Recent Deals

Madfu Raises $25.5M in Pre-Series A Round Led by Afaq Capital

February 16, 2026

Key Team Members

Affaque Ahmed

Founder & CEO

Key Facts

HQ Location

Riyadh, Saudi Arabia

Employees

11 - 50

Status

Investor

Investor Type

Venture Investor

Website

https://afaq.co