UAE’s based luxury real estate developer Binghatti Holding has launched Binghatti Capital Limited, an asset management firm based in the Dubai International Financial Centre (DIFC).
The new entity plans to manage approximately $1bn in Shariah-compliant private credit and real estate strategies.
Binghatti Capital has received authorisation from the Dubai Financial Services Authority (DFSA), the independent regulator for financial services conducted in or from DIFC.
The firm is licensed to work exclusively with professional clients.
As part of its real estate strategy, Binghatti Capital will implement separate mandates covering the acquisition and sale of off-plan residential properties, as well as the development and sale of residential projects. Its private credit platform will offer supply chain financing solutions to construction companies, property management entities, and key sector suppliers.
In addition to private funds, Binghatti Capital will offer discretionary and non-discretionary portfolio mandates, providing tailored investment solutions to meet the specific objectives of professional clients.
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Move to deepen Binghatti Holding’s investment footprint
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.”
Shehzad Janab, SEO of Binghatti Capital, added: “Binghatti Capital 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.
“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.”
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.”
