Mazin Al-Ghunaim, CEO of Bidaya Home Finance

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Time: August 21, 2019  

Bidaya Home Finance CEO Mazin Al-Ghunaim

Mazin Al-Ghunaim is the chief executive officer of the Saudi-based Bidaya Home Finance.

It is an Islamic home finance company that has recently won four prestigious awards in Global Finance magazine’s consumer digital banking categories — Best Bill Payment and Presentment, Best in Social Media and Marketing Services, Best Digital Mortgage Bank and Best Islamic Digital Bank.

Al-Ghunaim said: “In the Kingdom of Saudi Arabia, home ownership for all citizens is a key goal of Vision 2030 and at Bidaya, we are committed to utilizing the most advanced digital technologies to provide innovative easy-to-understand solutions that enable fast processing of online home financing applications in order to achieve our target of increasing home ownership to 60 percent by 2030.”

Mazin comes with an excellent record of accomplishment in building and managing large business portfolios internationally, regionally and locally.

He has over 20 years of experience in retail banking and consumer finance, having worked in leading banks, as well as financial institutions such as Arab National Bank, Saudi Investment Bank and Abu Dhabi Islamic Bank.

He spent more than five years establishing and managing leading home finance companies and the latest was Bidaya Home Finance.

Al-Ghunaim holds a master’s degree in Islamic Economy, and he has participated in many local and international events, conferences, workshops and roundtable discussions on risk management, investment and finance management.

He is also the vice-chairman of the executive committee of finance companies committee in the Saudi Arabian Monetary Authority.

This article was first published in Arab News

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