Alinma Capital Company Profile

Background

Overview

Alinma Capital is a Saudi closed joint-stock company established by Alinma Bank with a capital of SAR 1 billion, aiming to provide an integrated system of investment products and services compliant with Sharia principles. The company commenced operations on January 17, 2010, offering services such as dealing, custody, investment management, fund operation, arranging, and advisory in securities business.

Mission and Vision

Mission: To be the leading company in providing innovative investment solutions and services compliant with Sharia laws and regulations.

Vision: To be your preferred financial partner.

Industry Significance

Alinma Capital plays a pivotal role in the Saudi financial sector by offering a comprehensive suite of Sharia-compliant investment services, thereby contributing to the diversification and growth of the Kingdom's economy.

Key Strategic Focus

Core Objectives

To be among the most successful investment companies in the financial markets.

To provide a comprehensive system of investment services and products that comply with Sharia rules and regulations.

To lead and excel in providing the highest levels of service to partners using the latest advancements in modern technology.

To actively contribute to supporting the national economy's progress.

Areas of Specialization

Asset Management: Offering a diverse range of investment funds that comply with Sharia principles.

Brokerage Services: Providing trading of local and international stocks through multiple channels utilizing the latest technology.

Alternative Investments: Managing real estate and private equity funds across various economic sectors.

Investment Banking: Offering services associated with capital markets.

Wealth Management: Providing innovative investment solutions to meet the aspirations and ambitions of investors.

Custody Services: Offering custody services in local and international stocks, investment, and real estate funds.

Key Technologies Utilized

Alinma Capital leverages modern technology in communications and advanced technical systems to enhance its service offerings, ensuring efficiency and compliance with Sharia principles.

Primary Markets Targeted

The company primarily targets the Saudi Arabian market, focusing on investors seeking Sharia-compliant investment solutions.

Financials and Funding

Funding History

Alinma Capital was established with an initial capital of SAR 1 billion, with a paid-up capital of SAR 500 million.

Recent Funding Rounds

Specific details regarding recent funding rounds are not publicly disclosed.

Notable Investors

As a wholly owned subsidiary of Alinma Bank, Alinma Capital's primary investor is Alinma Bank itself.

Utilization of Capital

The capital is utilized to expand and enhance the company's investment services, develop new investment products, and support the growth of the Saudi financial market.

Pipeline Development

Key Pipeline Candidates

Alinma Capital has introduced several private funds across diverse economic sectors, aiming to achieve capital growth through direct investments in private or non-private equities.

Stages of Development

The company is in the process of launching new funds targeting both local and international markets, spanning conventional and alternative investments.

Target Conditions

The funds aim to achieve capital growth through direct investments in private or non-private equities, directly or by investing in investment funds with similar objectives.

Anticipated Milestones

Specific timelines for anticipated milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

Alinma Capital utilizes advanced technologies in communications and technical systems to enhance its investment services, ensuring efficiency and compliance with Sharia principles.

Significant Scientific Methods

The company employs modern technology and advanced technical systems to provide efficient and Sharia-compliant investment solutions.

Leadership Team

Board of Directors

The Board of Directors comprises experienced professionals with expertise in the investment and wealth management sector.

Senior Executives

Specific details regarding the senior executives are not publicly disclosed.

Leadership Changes

Recent Appointments

In July 2024, the Board of Directors approved changing the company's name from Alinma Investment Company to Alinma Capital Company, effective from January 8, 2025.

Competitor Profile

Market Insights and Dynamics

The Saudi financial sector is characterized by significant competition, with banks and financial institutions actively vying for market share through digital advancements and customer-centric solutions.

Competitor Analysis

Key competitors include major banks such as Al Rajhi Bank and Saudi National Bank, which offer a range of Sharia-compliant financial services.

Strategic Collaborations and Partnerships

Alinma Capital collaborates with various entities to enhance its service offerings and expand its market reach.

Operational Insights

The company differentiates itself through its commitment to Sharia compliance and its focus on digital innovation, aiming to provide efficient and customer-centric investment solutions.

Strategic Opportunities and Future Directions

Strategic Roadmap

Alinma Capital plans to strengthen its leadership in the region's asset management sector by expanding assets under management through the launch of new funds targeting both local and international markets, spanning conventional and alternative investments.

Future Business Directions

The company aims to enhance its offerings by introducing trading access to new global markets and complementing its existing portfolio of services.

Opportunities for Expansion

Alinma Capital seeks to expand its market presence by launching new funds and enhancing its digital platforms to meet the evolving needs of investors.

Positioning for Future Objectives

The company's focus on Sharia compliance and digital innovation positions it well to achieve its future objectives in the competitive financial market.