Binghatti Holding, one of the UAE’s leading luxury real estate developers, has announced the launch of Binghatti Capital Limited), a Dubai International Financial Centre (DIFC)-based asset management firm with plans to target the management of about $1 billion in Shariah-compliant private credit and real estate strategies.   

 

Binghatti Capital has been authorised by the Dubai Financial Services Authority, the independent regulator for financial services conducted in or from DIFC, the leading financial centre in the Middle East, Africa and South-East Asia region. Binghatti Capital is licensed to engage only with professional clients.

 

As part of its real estate strategy, Binghatti Capital said it will implement separate mandates across the acquisition and sale of off-plan residential properties as well as the acquisition and development and sale of residential projects. 

 

Binghatti Capital’s private credit solutions will focus on supply chain financing within the real estate sector, offering financing solutions to construction firms, property management entities and key suppliers.

 

In addition to private funds, Binghatti Capital will offer tailored discretionary and non-discretionary portfolio mandates, providing professional clients with flexible solutions to meet their specific investment objectives. 

 

Katralnada Binghatti, Executive Director of Binghatti Capital, said: "The creation of an asset management arm represents a strategic move to deepen Binghatti Holding’s investment footprint and enhance access to alternative capital."

 

"We believe that Binghatti Capital’s offerings are one of a kind, underscoring our long-term vision to expand into high-value, income-generating investments that deliver sustainable growth. Through our new Shariah-compliant private investment strategies, we are not only reinforcing our position in the UAE’s real estate sector but are supporting Dubai’s efforts to become one of the world’s leading foreign investment destinations," he added.

 

On the new venture, CEO Shehzad Janab said it represents a strategic extension of Binghatti Holding’s capabilities, designed to accelerate growth and strengthen resilience, ensuring sustained success through all market conditions. 

 

"Our inaugural suite of what we believe are unique strategies represents a thoughtful, well-structured approach to real estate investing, providing access to opportunities that are typically reserved for large institutions," he stated. 

 

"Through disciplined governance, active management, and a strong Shariah-compliant foundation, we aim to deliver compelling returns while diversifying our source of capital for Binghatti Group’s future developments," noted Janab.

 

Salmaan Jaffrey, Chief Business Development Officer at DIFC Authority, said: "We are delighted to welcome Binghatti Capital to DIFC, the region’s largest financial centre and home to more than 46,000 professionals. Binghatti Capital’s presence will further strengthen Dubai’s financial ecosystem and reinforce DIFC’s position as the leading hub for asset management in the region."

 

"With over 400 wealth and asset management firms, DIFC continues to be the preferred destination for asset management companies seeking growth and opportunity in the region," he added.-TradeArabia News Service