investors@al-amalinvestment.com
+965 182 2626
Qibla Q2 Building 114 Office 27 Ground Floor, P.O. Box 200, Safat 13002, Kuwait City
+965 182 26 26
Al Amal Investment Advisory

Private Markets, Proven Returns

Alternative Investments

Diversified exposure to private markets, including private equity, private credit, infrastructure, and real assets, structured to enhance returns and manage risk beyond traditional asset classes.

Alternatives Since
2003
Kuwaiti Shareholding Company
Alternatives AUM
$15.5B
Under Active Management
Ownership
Kuwaiti
Shareholding Co.
شركة مساهمة كويتية

Al Amal's Alternatives team manages a diversified portfolio of Shari'a-compliant private equity, venture capital, infrastructure, and private credit investments across the GCC and internationally. We focus on long-term capital appreciation through direct and fund-based investments, deploying disciplined capital allocation strategies aligned with institutional LP expectations.

يدير فريق الاستثمارات البديلة في علمنزا محفظة متنوعة من الاستثمارات الخاصة والمشاريع الناشئة والبنية التحتية والائتمان الخاص المتوافقة مع أحكام الشريعة الإسلامية عبر دول مجلس التعاون الخليجي وعلى الصعيد الدولي.

Core Strategies

GCC Principal Alternative
Investments

الاستثمارات البديلة الرئيسية في دول مجلس التعاون

01

Private Equity

الأسهم الخاصة

Direct control and growth equity investments in established GCC companies across key sectors, driving operational excellence and strategic value creation.

Direct Investments Growth Equity
02

Venture Capital

رأس المال المخاطر

Early-stage and growth-stage investments in GCC technology, healthcare, and fintech startups. 25+ portfolio companies backed with active board participation.

Early Stage GCC Tech
03

Infrastructure

البنية التحتية

Long-term investments in energy, logistics, transportation, and social infrastructure. $2.5B AUM generating stable, inflation-linked returns across GCC Vision projects.

Energy Logistics
04

Private Credit

الائتمان الخاص

Shari'a-compliant corporate and real estate financing solutions. Murabaha, Ijara, and structured Sukuk instruments providing predictable income to institutional investors.

Murabaha Sukuk
Our Approach

Investment Philosophy

فلسفة الاستثمار

Pillar I

Long-Term Horizon

أفق استثماري طويل المدى

7–10 year investment horizon, aligned with institutional LP expectations. We deploy patient capital focused on fundamental value creation, not short-term arbitrage.

Pillar II

Active Ownership

الملكية الفاعلة

Partnering with management teams to drive operational and strategic value. Board representation, talent development, and strategic advisory are integral to our model.

Pillar III

Shari'a Integration

التكامل مع أحكام الشريعة

Every investment is structured to be Shari'a-compliant from inception. Our Shari'a Supervisory Board reviews and certifies all strategies annually, ensuring full compliance.

Islamic Finance

Shari'a-Compliant
Alternatives
Framework

إطار الاستثمارات البديلة المتوافقة مع الشريعة الإسلامية

Shari'a Structures Used
Mudaraba— مضاربة
Musharaka— مشاركة
Wakala— وكالة
Ijara— إجارة

All alternative investments are structured in accordance with Islamic principles, overseen by our independent Shari'a Supervisory Board. We deploy Shari'a-compliant structures — including Mudaraba, Musharaka, Wakala, and Ijara — for private equity, venture capital, infrastructure, and private credit mandates. Each fund receives an annual Shari'a compliance certificate.

Screening Process

01
Business Activity Screening
Sector exclusion list applied: no interest-based finance, alcohol, tobacco, gambling, weapons, or non-halal food.
02
Financial Structure Review
Debt-to-equity, interest income, and liquidity ratios reviewed against AAOIFI standards.
03
Contractual Structure Approval
Legal documentation reviewed by the Shari'a Supervisory Board prior to execution.
04
Annual Shari'a Compliance Certificate
Each fund receives a formal certificate issued by the Shari'a Supervisory Board post-audit.
Shari'a Supervisory Board Mudaraba / Musharaka Structures Annual Shari'a Audit AAOIFI Standards

Our Foundation

Core Values

قيمنا الأساسية

The five core values extracted from Al Amal's founding principles govern every aspect of our investment management and client service activities.

03

Act with Integrity

العمل بنزاهة

We act with complete integrity in every client interaction, investment decision, and regulatory filing. We do not compromise on ethics or fiduciary duty, ever.

04

Maintain Ethics

الحفاظ على الأخلاق

Our ethical framework governs not just what we invest in, but how we operate — from CMA disclosure compliance to Shari'a governance and internal audit practices.

05

Invest in People

الاستثمار في الأشخاص

Al Amal invests in the ongoing professional development of our equity analysts, portfolio managers, and support staff, recognising that our people are our primary competitive advantage.

01

Work & Spread Knowledge

العمل ونشر المعرفة

We cultivate a culture of continuous learning, sharing research, and building institutional knowledge that benefits our clients and the broader GCC investment community.

02

Persevere

المثابرة

Long-term value creation requires patience and resilience. We remain committed to our investment thesis even during periods of market volatility or short-term underperformance.

Who We Serve

Target Client Segments

شرائح العملاء المستهدفين

Institutional Investors

المستثمرون المؤسسيون

Pension funds, endowments, insurance companies, and sovereign wealth funds seeking long-term, Shari'a-compliant private market exposure.

Family Offices

مكاتب العائلات

Multi-generational capital preservation and long-term capital appreciation mandates. Access to institutional-grade PE and VC funds typically unavailable to retail investors.

High-Net-Worth Individuals

أصحاب الثروات العالية

Qualified individuals seeking direct private market exposure through Al Amal-managed co-investment and fund structures with minimum commitment thresholds.

Corporates

الشركات

Strategic corporate venture capital, partnership investments, and balance-sheet diversification through Shari'a-compliant private credit and infrastructure co-investments.

Track Record

Our Success Stories

قصص نجاحنا

Private Equity IRR – Fund IV
22%
Net IRR since inception. Consistently outperforming the GCC PE benchmark by 600bps through active ownership and strategic value creation.
Venture Capital Investments
25+
Portfolio companies backed across GCC technology, healthcare, and fintech. 4 exits completed; 2 unicorn-track companies in the portfolio.
Infrastructure AUM
$2.5B
Deployed across energy, logistics, and social infrastructure projects in Kuwait, KSA, and UAE, aligned with national Vision 2030/2035 programmes.
Private Equity Exit 2023

GCC Industrial Holdings – Exit

Majority acquisition and 5-year value creation program. Exit via strategic sale to a regional conglomerate. 2.8x MOIC achieved through operational restructuring and margin expansion.

2.8x MOIC
28% Net IRR
Infrastructure Active 2021–

Kuwait Logistics Hub – Phase II

$450M Ijara-structured logistics infrastructure investment. Long-term government concession contract. Generating 7.2% annual cash-on-cash yield distributed to LP investors.

7.2% Annual Yield
$450M Deployed
Venture Capital Series B 2022

GCC Fintech Leader – Series B Co-Lead

Co-lead investor in $80M Series B for MENA's leading Shari'a-compliant digital banking platform. Current valuation at 3.1x entry on mark-to-market basis. IPO pathway being evaluated.

3.1x MTM Multiple
$80M Round Size

Past performance is not indicative of future results. All returns are net of fees unless otherwise stated. Performance data subject to audit.

Related Content

Explore Further

مزيد من المعلومات

Become a Partner

كن شريكاً

Al Amal invests in a diversified portfolio of GCC alternative investments, including private equity, venture capital, infrastructure, and private credit. Speak with our alternatives team to explore our Shari'a-compliant strategies.

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