The board of directors of Ewaan Global Housing has appointed Abdullah bin Muhammad Ahmed Ashy as the company’s chairman effective from July 2016. He succeeds Anees Moumina who has been chairman since 2013.
Ashy’s nomination was decided at the board’s latest meeting, which comes based on his deep knowledge of investment sectors, Islamic financing and consulting, as well as his 13-year experience where he worked with some of the most prominent Saudi financial institutions, corporations and real estate developers.
These experiences will add value to the company’s vision alongside his academic experience as a former lecturer at the King Abdulaziz University in Jeddah and the Open Arab University’s Jeddah branch.
Ashy has held several important roles at the Islamic Institution for Private Sector Development, which is a subsidiary of the Islamic Development Bank, Ahly Commercial Bank, Ernst & Young, and asset management and auditing.
Ashy holds a Master’s degree in accounting, as well as a Master’s degree in business from Griffith University in Australia. He also holds a Bachelor’s degree in financial management from George Mason University in the United States and a number of internationally certified professional certifications, most notably the fellowship from the Australian Institute of Management Accountants, the British Management Institute and the Certified Islamic Banking certification from the General Council for Islamic Banks and Financial Institutions.
The Ewaan Global Housing, a Saudi closed joint stock company, is considered one of the major real estate development companies in the Kingdom, specialized in developing integrated residential communities.
It was founded as an initiative by a number of institutions, corporations and businessmen, the forefront of which are the Islamic Institution for Private Sector Development, the Real Estate Growth Company, the Public Pension Agency and the International Investment Bank, in addition to 19 other founding institutions and businessmen.
Ashy’s nomination was decided at the board’s latest meeting, which comes based on his deep knowledge of investment sectors, Islamic financing and consulting, as well as his 13-year experience where he worked with some of the most prominent Saudi financial institutions, corporations and real estate developers.
These experiences will add value to the company’s vision alongside his academic experience as a former lecturer at the King Abdulaziz University in Jeddah and the Open Arab University’s Jeddah branch.
Ashy has held several important roles at the Islamic Institution for Private Sector Development, which is a subsidiary of the Islamic Development Bank, Ahly Commercial Bank, Ernst & Young, and asset management and auditing.
Ashy holds a Master’s degree in accounting, as well as a Master’s degree in business from Griffith University in Australia. He also holds a Bachelor’s degree in financial management from George Mason University in the United States and a number of internationally certified professional certifications, most notably the fellowship from the Australian Institute of Management Accountants, the British Management Institute and the Certified Islamic Banking certification from the General Council for Islamic Banks and Financial Institutions.
The Ewaan Global Housing, a Saudi closed joint stock company, is considered one of the major real estate development companies in the Kingdom, specialized in developing integrated residential communities.
It was founded as an initiative by a number of institutions, corporations and businessmen, the forefront of which are the Islamic Institution for Private Sector Development, the Real Estate Growth Company, the Public Pension Agency and the International Investment Bank, in addition to 19 other founding institutions and businessmen.


