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The Mal Show

The Mal Show

By: Mal.ai
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The Mal Show is a conversation-driven podcast about money and the human condition.

Hosted by ADNOC CFO Youssef Salem — The show brings together founders, investors, operators, policymakers, and thinkers to examine what really happens inside finance, entrepreneurship, and capital allocation.

Each conversation explores how money moves through modern systems, how capital is raised and deployed, and how ambition, power, faith, and ethics intersect in real life. Islamic finance appears as a living moral lens within these discussions — not as theory, but as practice.

Powered by Mal, the first AI-native Islamic digital financial platform, the podcast reflects Mal’s broader mission: to create space for serious, nuanced conversations about money, values, and modern financial systems without slogans or easy conclusions.

This is where finance is examined with depth, clarity, and intellectual honesty.

© 2026 The Mal Show Economics
Episodes
  • Fundraising, Careem and the AI Bubble | The Mal show (Podcast) with Wael Nafee

    Fundraising, Careem and the AI Bubble | The Mal show (Podcast) with Wael Nafee
    Mar 10 2026

    In this episode of The MAL Show (Podcast), we sit down with Wael Nafee — former Careem executive and now Partner at Raed Ventures, one of the region’s leading venture capital firms.

    Wael has seen both sides of the table:
    • building companies as an operator
    • and backing founders as an investor

    After studying and working abroad, he made the decision to come back and build in the region.

    In this conversation, we discuss:

    • Why some founders choose to return and build in emerging markets
    • The culture of money and capital in the Middle East
    • What Sharia-compliant fundraising actually looks like in venture capital
    • Whether ethical constraints make companies weaker — or more disciplined
    • The responsibility that comes with building products used by millions

    And perhaps the most important question:

    When your capital shapes companies used by millions of people…
    what do you owe society?

    A conversation about nation building, capital with consequence, and the moral weight behind scale.

    We hope you enjoy this episode and don't forget to subscribe to our channel to get the latest episodes of the Mal Show.

    Chapters:
    00:00 Intro and Wael's journey
    10:28 Sources of Fundraising
    17:51 Sharia compliance Fundraising
    23:09 Careem's positioning & acquisition
    27:06 Careem's culture
    33:23 Joining Raed Ventures
    40:15 What do Investors look for?
    44:32 Self assessment, correction & reflections
    52:26 Money & Culture
    57:55 Women & Money
    1:01:12 Final advice on money

    To get in touch with us:
    podcast@mal.ai

    Follow us on Social Media:
    https://www.instagram.com/themal.show/
    https://www.tiktok.com/@themalshow.podcast
    https://www.facebook.com/profile.php?id=61566478614883

    To get in touch with Yousef Salem
    https://www.linkedin.com/in/youssefsamysalem/?skipRedirect=true
    https://www.instagram.com/youssefsamysalem?hl=en

    To get in touch with Wael Nafee
    https://www.linkedin.com/in/wael-nafee-2b78abb/

    #themalshow #fintech #islamicfinance #entrepreneur #podcast
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    1 hr and 3 mins
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