At just 27, Abdullah Najashi has launched the MENA region’s largest healthcare private credit fund, closing at SAR 2 billion ($533 million). His company, Seha Invest, is not just breaking records with its institutional-scale fund but is also building a specialized financial institution to address a long-standing gap in healthcare financing across Saudi Arabia.
Quick Facts
- Fund Size: SAR 2 billion ($533 million) closed.
- Focus: MENA’s largest healthcare private credit fund.
- Founder: Abdullah Najashi, aged 27.
Targeting a Critical Gap in Healthcare Financing
The healthcare sector’s need for capital-intensive, long-term financing for infrastructure and equipment is often mismatched with traditional lending models. Najashi notes that while Gulf states have poured capital into hospitals, the financial mechanisms to support this growth have not kept pace.
“Traditional financing often overlooks the complexities of healthcare operations,” Najashi explains.
Seha Invest was established to fill this void. The fintech company provides tailored credit solutions for hospitals, medical factories, and pharmaceutical firms, with financing designed to align with the unique revenue cycles and regulatory demands of the industry. The new private credit fund will deploy capital for hospital expansion, equipment financing, and working capital for healthcare manufacturers.
A Dual Strategy: Institutional Fund Meets Retail Crowdfunding
Beyond its institutional fund, Seha Invest is also democratizing access to healthcare investment with its crowdfunding platform, Sukuk Seha. It is the first platform in the MENA region dedicated to healthcare, allowing retail and mid-tier investors to participate in funding opportunities through Shariah-compliant instruments.
“Sukuk Seha is becoming an attractive target for investors who are looking to diversify their portfolio investments,” Najashi says.
Launched in late 2025, the platform has already registered thousands of investors. This two-tiered approach—a large institutional fund paired with a retail crowdfunding platform—creates what Najashi describes as “a robust, transparent, and accessible financial ecosystem.”
Fueling Saudi Arabia’s Vision 2030 Fintech Ambitions
Seha Invest’s model directly supports Saudi Arabia’s Vision 2030, which prioritizes economic diversification and digital transformation. The Kingdom’s fintech sector is a key pillar of this strategy, with regulators like the Saudi Central Bank (SAMA) and the Capital Market Authority (CMA) promoting innovation in digital payments, open banking, and crowdfunding.
By integrating fintech with healthcare, Seha Invest is helping to modernize a traditionally conservative industry. The company provides solutions that streamline hospital financing and improve liquidity for providers, making capital more accessible for private medical projects that align with national goals.
“Fintech bridges financial and healthcare systems, promoting inclusion, reducing administrative burdens, and empowering patients,” Najashi adds.
Next Steps: Regional Scale and Deeper Tech Integration
With the fund now closed, Seha Invest is focused on scaling its operations. The company plans to expand its digital infrastructure, use AI analytics for more precise credit scoring, and explore new partnerships across the GCC and North Africa.
“Saudi Arabia is rapidly emerging as a global fintech hub, and we want to make Seha Invest a model for how fintech can drive national impact while creating value for investors,” says Najashi.
The $533 million fund serves as a major vote of confidence in Saudi Arabia’s economic transformation and the potential for a new generation of entrepreneurs to lead key sectors. As Najashi concludes, “We’re just getting started.”
About Seha Invest
Seha Invest is the first fintech company in the MENA region dedicated exclusively to the healthcare sector. It provides tailored, Shariah-compliant credit solutions and investment opportunities through an institutional private credit fund and a retail crowdfunding platform, Sukuk Seha. The company aims to bridge the financing gap for hospitals, medical factories, and pharmaceutical firms in Saudi Arabia and the broader region.
Source: Gulf Business
