Muthanna Investment Company was incorporated on March 17th, 1999 as an investment company carrying on business in accordance with the Noble Islamic Sharia’a. The company’s roots extend back to 1977 when its Parent, Kuwait Finance House (KFH), was made the first Islamic financial institution in Kuwait. With the intention to be its investment arm, KFH established its wholly-owned Muthanna Investment Company to go with its business beyond the local and regional to the international markets. By such packing, in terms of know-how and experiences of its Board of Directors and Executive Management, Muthanna Investment exceeded all expectations – its own or market measures – and is now positioned as a major investment maker and developer in the region.
Since activation in 2004, one of our strengths is the diversified business activities that enable us to smoothly enter the local and international markets and expand our business, either regionally or internationally, in line with our strategic vision and objectives.
Islamic finance is considered one of the fastest-growing markets in the world to the extent it became a global phenomenon and developed far beyond rendering financial services to offer various attractive opportunities for investors. As a result, demands for Islamic products and instruments are growing significantly not only in the Middle East and Asia but also in Europe and both Americas.
Our corporate finance group can help individual and corporate customers with their unique capital needs, from raising startup capital to debt financing and feasibility evaluations, by providing customised products to reducing financing costs and increase the returns using Sharia compliant modes of finance.
The group consists of three major areas: private equity, structure finance and transaction advisory embracing professionals with sound knowledge and experience staff.
Transaction advisory services is committed to assisting clients with critical business decisions by applying our insights, providing innovations and leveraging our experience to each unique situation. We work with our clients to provide tailored financial solutions, strategic consulting and analysis specifically related to issues involved in business transactions and transitions to achieve client’s business objectives.
From evaluating business opportunities to providing corporate and financial restructuring, IPO advisory and execution, business valuations, advising on mergers & acquisitions, private placements and underwriting. Transaction advisory strives to help clients with their financial needs.
During the years, transaction advisory services engaged on numerous transactions and deals that placed Muthanna Investment Company on top chart of the Islamic Investment companies. Our independent and perceptive view on all business deals and transactions, presented us with an unshakable confidence among our clients.
Working across a wide range of sectors has embedded in us the flexibility to adapt and understand the business dynamics as well as providing a widespread and comprehensive conception of the industry. Our diverse experience in industries includes Real Estate, logistics, aviations, insurance, foodstuff and we continue to add more to our industry capabilities.
Transaction advisory track record
Al-Masaken International Real Estate Company K.S.C.C.
The Company’s primary focus of operation is the development of residential projects in Kuwait with expansion plans on the anvil to cover wider GCC markets. Muthanna Investment Company acted as Placement Manager & Co-Advisor for Al-Masaken’s capital increase in a deal of $44,600,000.
ALAFCO
ALAFCO Aviation Lease and Finance Company KSCC is an emergent provider of innovative Sharia-based commercial aircraft leasing products. Muthanna Investment Company acted as Lead Manager and Listing Advisor for ALAFCO in the pre-listing placement phase in a transaction amounting to $84,630,000.
Al Rai Logistica Company K.S.C.C.
Al-Rai Logistica is a company specialising in operating and providing third party logistics services. Muthanna Investment Company acted as Lead Placement Manager to increase the capital to $103,000,000 in a deal of $50,000,000.
Finzels Reach
Finzels Reach consists of a prominent mixed-use development site in the city centre of Bristol, England. The site has extensive river frontage as well as excellent road links within the city centre and to the Bristol ring road. The immediate vicinity has a mix of both new and historic residential, office and retail accommodations. Muthanna Investment Company acted as an Underwriter for the project, as well as a Joint Venture sponsor with a project size of approximately $430m.
Muthanna Financial Brokerage Company
Muthanna Investment Company owns a 99.9 percent of Muthanna Financial Brokerage Company’s capital (previously: International Markets Brokerage Company) after an acquisition deal at a value of $50,000,000. The Company is licensed by Kuwait Stock Exchange to provide financial brokerage services; its vision is to become the largest financial brokerage network in the GCC for local and international markets leveraging the latest technology.
Muthanna Takaful Insurance Company K.S.C.C.
Muthanna Investment Company established a takaful insurance company with a stake of 50 percent, namely, Muthanna Takaful Insurance Company with a capital of $17,000,000 to provide Sharia compliant insurance services including property and general accident, marine, motor and re-insurance products.
Abyaar Real Estate Development Co. K.S.C.C.
Muthanna Investment Company acted as the financial advisor for Abyaar Real Estate Development Co. and several other institutions to provide comprehensive financial and debt restructuring plus granting advisory on designing the best structure on selecting suitable financing that match the company’s requirements. Muthanna Investment Company had successfully restructured $69,000,000 worth of debts for Abyaar Real Estate Development Co.
During the recession many institutions and investors wonder when the economy will start heading in the right direction. However, Muthanna Investment Company looked at the current financial situation as an opportunity to make strategic acquisitions, offer financial and debt restructuring.
We persist on protecting and growing our clients and shareholder’s interests and wealth as we aim to be the leading full-fledge Islamic Investment Company in the region.
