Binghatti Capital Poised To Manage $1 Billion in Shariah-Aligned Funds
Binghatti Holding Ltd has launched Binghatti Capital in the Dubai International Financial Centre, aiming to manage approximately $1 billion in Shariah-compliant private credit and real‑estate investments. Licensed by the Dubai Financial Services Authority to deal exclusively with professional clients, the firm marks Binghatti's strategic pivot from pure property development to full-spectrum asset management.
The new entity will implement dual strategies: acquiring and selling off‑plan residential assets and developing residential projects; and providing private‑credit finance targeted at construction, property management firms and suppliers in the Dubai real‑estate supply chain. Beyond private funds, clients can access bespoke discretionary and non‑discretionary portfolio mandates tailored to their investment goals.
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Executive Director Katralnada Binghatti described the move as 'a strategic initiative to deepen Binghatti Holding's investment footprint and enhance access to alternative capital,' underlining ambitions to drive high‑value, income‑generating growth and bolster Dubai's appeal as a global investment destination. CEO Shehzad Janab added that the firm's 'inaugural suite of unique strategies represents a disciplined, well‑structured approach' designed for strong governance and long‑term resilience.
DIFC Authority's Chief Business Development Officer, Salmaan Jaffery, welcomed the launch, noting that the centre, home to more than 46,000 financial professionals and over 400 wealth and asset managers, remains the region's top asset-management hub. He said Binghatti's addition would further reinforce DIFC's financial ecosystem.
The launch reflects broader market trends in the Gulf, where firms like Amwal Capital Partners are expanding into private‑credit—a form of non‑bank lending offering direct finance to mid‑tier real‑estate developers and other asset‑backed borrowers. Dubai's policy environment, characterised by robust infrastructure investment and tax incentives, has boosted demand for these private‑credit solutions.
Industry observers note the move signals a maturing of Dubai's real‑estate landscape, with residential unit completions projected to exceed 243,000 by 2027, presenting ample opportunity for asset managers specialising in this market—particularly with Shariah‑compliant structures gaining traction among global and Gulf investors.
Binghatti's pedigree in luxury development, seen in flagship schemes such as Binghatti Ghost in Al Jaddaf, complements its newfound investment ambitions. The firm's announcement of more than 12 projects valued at $2.7 billion reinforces its market clout and provides a foundation for its asset‑management division.
By branching into private credit and real‑estate fund management, Binghatti aligns with Dubai's economic diversification goals, channelling institutional capital into strategic sectors and reinforcing the emirate's role as a conduit between East, West, and the Islamic finance community.
As the firm rolls out its Shariah‑compliant investment vehicles, its governance frameworks and active management approach will be key to winning trust among discerning professional clients. It will also test how effectively Binghatti can manage investor interests alongside its parent's development pipeline.
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