Catalyst Group appoints Shari'ah Advisor 21st November 2016

In line with its Islamic financial services and real estate service offerings, Catalyst Group has appointed Dr. Said Bouheraou as its Shari’ah Advisor. Dr. Said will advise Catalyst Group on various matters with respect to its clients, services, and investments.

Nazih Al Naser, Catalyst Group CEO, said “we are pleased to have Dr. Said as a trusted advisor in our pursuit of ethical transactions for and on behalf of our clients”. Dr. Said added, “I am excited to work with the Catalyst team of professionals in the context of their 360° practitioner’s approach”.

Catalyst Group provides a myriad of services globally to the real estate and finance communities from Real Estate Development Services to turn-key Islamic nonbank mortgage company establishment on behalf of investors.

Media Inquiries
Mr. Yousef Faris,
Media Relations
Shaker Center, 7th Floor
Prince Sultan Street
Jeddah 21493 Saudi Arabia
fax:        +966 12 618 2123
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About the Islamic Corporation for the Development of the Private Sector
ICD is a multilateral organization and a member of the Islamic Development Bank (IDB) Group. The mandate of ICD is to support economic development and promote the development of the private sector in its member countries through providing financing facilities and/or investments which are in accordance with the principles of Sharia’a. ICD also provides advice to governments and private organizations to encourage the establishment, expansion and modernization of private enterprises. ICD is rated AA/F1+ by Fitch and Aa3/P1 by Moody’s. For more information, visit

About Catalyst Group
Catalyst Group was established in 2009 and is a wholly-owned subsidiary of the Islamic Corporation for the Development of the Private Sector, member of the Islamic Development Bank Group. The company is a leading provider of technical advisory services for Islamic Non-Banking Financial Institutions & Real Estate Development Services. For more information visit