Yousef Bin Abdullah Al-Shelash brings extensive experience in investment banking, real estate, and strategic planning to his role at SHL Finance. He was appointed as Non-Executive Chairman at SHL Finance in December 2025, having served as Chairman of Saudi Home Loans Company since its establishment in 2008. Al-Shelash has held the position of Non-Executive Chairman at SHL Finance Co. since 2019.
Al-Shelash is founder and Chairman of Dar Al Arkan Real Estate Development Company, established in 1994, and has served as Chairman of Bank Al Khair - Bahrain since its founding in 2004. He currently serves as Chairman at Alkhair Capital Saudi Arabia since 2009, Vice Chairman at Dar Global Plc since 2023, and as founder, partner, and manager of many businesses engaged in real estate and financial activities both in and outside the Kingdom of Saudi Arabia.
Career History & Notable Achievements
- Founder and Chairman of Dar Al Arkan Real Estate Development Company (1994)
- Chairman of Bank Al Khair - Bahrain (since 2004)
- Chairman of Saudi Home Loans Company/SHL Finance (since 2008)
- Chairman of Alkhair Capital Saudi Arabia (since 2009)
- Vice Chairman at Dar Global Plc (since 2023)
As Chairman of Dar Al Arkan, Al-Shelash has spearheaded the company's 28-year journey as one of the largest listed real estate companies in KSA with total assets of 32 billion Saudi Riyals. He has been instrumental in shaping concepts of space in Saudi Arabia and beyond, setting benchmarks for residential, commercial, and mixed-use projects while expanding operations to Qatar, UAE, Oman, and Bosnia. Al-Shelash has been diversifying the company's offerings in the digital arena and curating limited edition projects with globally renowned luxury brands such as Roberto Cavalli, Elie Saab, Missoni, and Pagani Automobili.
Education
Al-Shelash holds a Bachelor of Science in Islamic Law (Sharia) from Al-Imam Mohammad Ibn Saud Islamic University and a Master of Science in Law and Legal Procedures from the Institute of Public Administration Al Riyadh. He also holds diplomas in banking and fighting financial crime, as well as formal training in finance and investment evaluation.
What Al-Shelash could bring to Non-Executive Chairman at SHL Finance Company: With three decades of experience building and leading major financial and real estate institutions, Al-Shelash brings proven expertise in Islamic finance mechanisms, mortgage industry development, and scaling financial services across the GCC. His track record of initiating mortgage financing in Saudi Arabia in 1998 and establishing foundational financial products aligns directly with SHL Finance's mission in real estate financing. His network across institutional investors, government bodies, and international luxury brands, combined with his strategic vision for long-term sustainable growth in emerging financial sectors, positions him well to guide SHL Finance's governance and strategic direction during a period of market expansion.
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