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Aswaq - Impact Investment

Aswaq is PIF’s investment arm in local and global capital markets.

Aswaq provides PIF with liquidity to enable its impact program and ensure organizational health through dynamic asset management.

With influential stakes in a variety of strategic companies, banks, hospitals, and investment funds, Aswaq seeks to maximize developmental impact by deploying equity to vital sectors in Palestine.

Aswaq’s investments total over $650 million – and are guided by the following four principles:

 

Leadership

Shadi Al-Khatib is the acting Executive Director of Aswaq. In this role, he leads the Palestine Investment Fund (PIF)’s strategic investments in listed Palestinian companies.

Mr. Al Khatib has more than 13 years of experience in capital market investments, covering a wide range of economic sectors, such as; commercial, Islamic banking, telecommunications, and light and agro industries.

His current position includes, among other responsibilities, representing PIF in the Board of Directors of several leading Palestinian companies, such as Wataniya Mobile, the National Aluminum and Profiles Company, the Arabic Islamic Bank, the Arab Specialized Medial Complex Company, and the Jerusalem District Electricity Company. 

Prior to his current post; Mr. Al-Khatib served for five years as a portfolio manager at PIF. His capacities included leading PIF's major investment portfolios, thus supporting PIF in achieving one of its primary goals of empowering the investment infrastructure and investment climate in Palestine.