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

Prime Commercial Assets, Institutional Returns

Commercial Real Estate

Investment in income-generating office, retail, and mixed-use assets, focused on long-term lease stability, tenant quality, and disciplined asset management.

Service Overview

نظرة عامة على الخدمة

2003
Commercial Real Estate Since
Year of Incorporation
$2.8B
Commercial AUM
Assets Under Management
KSCC
Ownership Structure
Kuwaiti Shareholding Company

Al Amal's Commercial Real Estate team manages a diversified portfolio of Shari'a-compliant commercial assets across the GCC, including office, retail, industrial, and logistics properties. We focus on income generation and long-term capital appreciation through prime, well-located assets.

Our institutional-grade investment process — combining rigorous due diligence, local market expertise, and adherence to Islamic finance principles — positions Al Amal as the GCC's preferred partner for commercial real estate capital deployment.

تدير فريق الأمانزة للعقارات التجارية محفظة متنوعة من الأصول العقارية التجارية المتوافقة مع الشريعة الإسلامية في جميع أنحاء دول مجلس التعاون الخليجي، بما في ذلك المكاتب والتجزئة والمنشآت الصناعية والخدمات اللوجستية.

يعتمد نهجنا الاستثماري المؤسسي على العناية الواجبة الصارمة والخبرة المحلية بالسوق والالتزام بمبادئ التمويل الإسلامي.

GCC Principal Commercial Real Estate

العقارات التجارية الرئيسية في دول مجلس التعاون

Our principal commercial real estate strategies span four core asset classes, each managed with dedicated sector expertise and Shari'a-compliant investment structures.

Office
المكاتب
Kuwait City · Riyadh · Doha · Dubai

Prime office buildings and business parks in the GCC's major financial districts. Core and core-plus strategies targeting AAA-rated tenants with long-term leases.

Portfolio Size750,000 sq ft
Avg. Occupancy96%
Markets4 GCC Cities
IjaraMusharaka
Retail
التجزئة
Regional Malls · High-Street · Outlets

Regional malls, lifestyle shopping centers, and high-street retail in prime GCC locations. Focus on dominant retail anchors with institutional tenant covenants.

Portfolio Size1.2M sq ft
Avg. Occupancy94%
Asset Types3 Categories
IjaraWakala
Industrial
الصناعي
Kuwait · KSA Industrial Zones

Warehousing, light manufacturing facilities, and distribution centers across established GCC industrial zones. Value-add and opportunistic strategies.

Portfolio Size420,000 sq ft
Avg. Lease Term7.4 years
Countries2 GCC States
MusharakaWakala
Logistics
اللوجستيات
Last-Mile · Cold Chain · E-Commerce

Last-mile logistics hubs, cold storage facilities, and e-commerce fulfillment centers benefiting from the GCC's rapid supply chain modernization.

Portfolio Size280,000 sq ft
Growth Rate+18% YoY
Spec GradeGrade A
IjaraMusharaka

Our Investment Philosophy

فلسفتنا الاستثمارية

01

Income Focus

التركيز على الدخل

Prioritize stable, long-term income from high-quality tenants with institutional covenant strength. Our underwriting targets sustainable distribution yields with downside protection.

  • Weighted average lease expiry (WALE) > 5 years
  • Diversified tenant base across sectors
  • Indexed rental escalation provisions
  • Vacancy stress-testing at acquisition
02

Asset Quality

جودة الأصول

Invest in prime, well-located commercial properties with strong tenant covenants and defensible market positions. Grade A and institutional-quality assets only.

  • Prime or near-prime location ranking
  • Modern building specifications (Grade A/B+)
  • ESG-aligned asset standards
  • Liquidity at exit — institutional buyer pool
03

Shari'a Compliance

الامتثال للشريعة

All commercial real estate structures are asset-backed and free from interest (riba). Each acquisition is reviewed and certified by our independent Shari'a Supervisory Board.

  • Asset-backed (tangible real property only)
  • Interest-free (riba-free) financing structures
  • Tenant business activity screening
  • Annual Shari'a certification per property

Shari'a-Compliant Commercial Real Estate Framework

إطار العقارات التجارية المتوافق مع الشريعة

All commercial real estate investments are structured in accordance with Islamic principles, overseen by our internal Shari'a Supervisory Board. We use Shari'a-compliant structures including Ijara (leasing), Musharaka (partnership), and Wakala (agency) — selected based on the specific asset type and investment mandate.

تتوافق جميع استثمارات العقارات التجارية مع مبادئ الشريعة الإسلامية، وتخضع لإشراف هيئة الرقابة الشرعية المستقلة لدينا، باستخدام هياكل الإجارة والمشاركة والوكالة.

Shari'a Supervisory BoardIjara / Musharaka StructuresAnnual Shari'a AuditWakala Agency StructuresRiba-Free Financing

Our Screening Process

01
Asset Verification: Real, tangible commercial property — no synthetic or derivative exposure.
02
Riba Prohibition: All financing structures are free from interest (riba) and gharar (uncertainty).
03
Tenant Screening: Tenant business activity reviewed — non-compliant sectors (banking, insurance, alcohol, entertainment) excluded.
04
Contractual Structure: Legal documentation reviewed for Ijara (lease), Musharaka (partnership), or Wakala (agency) compliance.
05
Annual Shari'a Audit: Each property receives an annual Shari'a compliance certificate issued by our independent Shari'a Supervisory Board.

Shari'a-Compliant Structures Used

Ijara

Office & Retail

الإجارة

Islamic leasing contract where the investor retains ownership of the commercial asset while the tenant pays periodic rental income.

Musharaka

Industrial & Logistics

المشاركة

Joint ownership partnership structure where investors share in both the profits and losses of the commercial real estate asset.

Wakala

Fund Structures

الوكالة

Agency contract appointing Al Amal as investment manager on behalf of the investor, with agreed performance benchmarks and fee structures.

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.

Target Client Segments

شرائح العملاء المستهدفين

Institutional Investors

المستثمرون المؤسسيون

Pension funds, endowments, insurance companies, sovereign wealth funds, and government-linked entities seeking stable, long-term income from Shari'a-compliant GCC commercial real estate.

Typical Investors
Pension & Provident Funds
Endowments & Foundations
Insurance Companies
Sovereign Wealth Funds
Min. Investment$50M+

Family Offices

مكاتب العائلات

Multi-generational wealth preservation through direct and indirect exposure to income-producing GCC commercial properties. Long-term hold periods aligned with estate planning objectives.

Typical Investors
GCC Family Offices
Regional Holding Structures
Private Trust Vehicles
Co-investment Partners
Min. Investment$10M+

High-Net-Worth Individuals

الأفراد ذوو الثروات العالية

Qualified investors seeking direct commercial real estate exposure with institutional-grade due diligence, Shari'a-compliance certification, and professional asset management.

Typical Investors
Ultra-HNW Individuals
Professional Investors
Qualified Investors (CMA)
GCC Residents
Min. Investment$2M+

Corporates

الشركات

Sale-leaseback strategies and corporate real estate solutions that free up capital while maintaining operational continuity. Structured under Ijara frameworks approved by our Shari'a Board.

Typical Investors
GCC Corporates
Listed Companies
Government Entities
Industrial Operators
Min. InvestmentBy mandate

Our Success Stories

قصص نجاحنا

Past performance is not indicative of future results. All returns are illustrative and based on historical portfolio data.

750,000sq ft
Office Portfolio
محفظة المكاتب
Prime office space across 4 GCC markets
1.2Msq ft
Retail Portfolio
محفظة التجزئة
Regional malls and high-street assets
94%
Average Occupancy
متوسط الإشغال
Across all commercial asset classes
$2.8B
Commercial AUM
الأصول تحت الإدارة
Shari'a-compliant commercial real estate
26+years
Track Record
سجل الأداء
Since incorporation in 2003
4GCC cities
Market Presence
الحضور في السوق
Kuwait · Riyadh · Doha · Dubai

Representative Transactions

OfficeKuwait City, Kuwait

Sharq Financial Tower

Acquisition and repositioning of a 280,000 sq ft Grade A office tower in Kuwait's premier financial district. Full Shari'a-compliance under an Ijara structure. 97% occupancy achieved within 18 months of acquisition.

14.2% IRR7-year hold
RetailDoha, Qatar

GCC Lifestyle Mall

Co-investment in a dominant regional lifestyle mall comprising 380,000 sq ft of retail GLA. Musharaka structure with institutional co-investors. Anchored by international and regional retail brands.

12.8% IRR10-year hold
IndustrialRiyadh, Saudi Arabia

KSA Logistics Park

Development and lease-up of a modern industrial logistics park in Riyadh's Second Industrial City. Wakala structure for fund investors. Pre-leased to an investment-grade 3PL operator.

16.5% IRR8-year hold
Related Content

Explore Further

مزيد من المعلومات

Become a Partner

كن شريكاً

Al Amal invests in a diversified portfolio of GCC commercial real estate assets — including office, retail, industrial, and logistics properties. Speak with our commercial real estate team to explore our Shari'a-compliant investment strategies tailored to your mandate.

تستثمر الأمانزة في محفظة متنوعة من أصول العقارات التجارية في دول مجلس التعاون الخليجي. تحدث إلى فريق العقارات التجارية لدينا لاستكشاف استراتيجياتنا المتوافقة مع الشريعة الإسلامية.

Direct Line
+965 182 2626
Investor Relations
ir@al-amalinvestment.com
Office Hours
Sun–Thu, 8:00–17:00 AST
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