With net worth of $2.7 billion, Saleh Kamel was ranked as Marcopolis' #6 most powerful businessman in Saudi Arabia.
Saleh Kamel is the founder and chairman of Dallah Albaraka, General Council for Islamic Banks and Financial Institutions, Jeddah Chamber of Commerce and Industry, and the Islamic Chamber of Commerce, Industry, and Agriculture. Furthermore, Saleh serves on a number boards at different organizations.
Saleh is a well-known and highly respected business mogul and an innovator of the Islamic banking world. His company, Dallah Albaraka, is a conglomerate involved in different sectors, including real estate development, food and beverage, and of course, Islamic banking. Furthermore, the company also manages a hospital in Riyadh, and distributes pharmaceuticals and dietary supplements.
The company’s Islamic banking endeavors are present in Saudi Arabia, Pakistan, and Indonesia. Saleh is known as “the Father of Contemporary Islamic Finance,” and has received many awards, including Malaysia’s Royal Award for Islamic Finance, among many other certificates, trophies, and honors in different countries and organizations. He is a supporter of Islamic banking practices and believes that the Islamic finance practices such as paying "Zakat" and "do not sell what you do not own" Hadith could be the answer to global financial and socioeconomic problems.
On a personal note, Saleh is married with two children. He has a net worth of approximately 2.7 billion dollars, according to Forbes. He earned his Master of Business Administration from King Abdulaziz University, and is a self-made business tycoon. Saleh tops Forbes’ list as Saudi’s 5th richest man, and is number 663 globally.
He was born in Taif and showed his entrepreneurial skills early in life. He as recognized for his daring ideas in banking, Islamic finance and other fields. In 1982, he founded Dallah Albaraka, an investment holding. From very humble beginnings, Saleh Kamel has been ranked as #6 most powerful businessman in Saudi Arabia.