Gulf Islamic Investments LLC (GII)

What Gulf Islamic Investments LLC (GII) does

Gulf Islamic Investments LLC (GII) is a UAE-based, Dubai-headquartered Shariah-compliant global alternative investment company founded in 2014 by co-CEOs Mohammed Al-Hassan and Pankaj Gupta. GII operates three core divisions — Real Estate (approximately $2.25bn AUM), Private Equity ($651-750mn AUM) and Ventures ($99mn+ AUM) — totaling more than $3.5bn in Assets Under Management deployed across the GCC, Europe, the US and India. Its investment model is direct co-investment in bespoke single-asset structures (rather than pooled funds), with Shariah-compliant contract frameworks (Morabaha, Modarabaha, Ijarah, Istisna'a) reviewed by an internal Shariah Board and AAOIFI-accredited advisors.

The company serves ultra-high-net-worth individuals, family offices, sovereign wealth funds, banks and financial institutions through relationship-led institutional sales. It has 60+ deals sourced and closed and has delivered $0.7bn+ in cumulative returns and exit proceeds (including $600m+ in investor distributions over four years), with notable transactions such as the Altaïs Towers acquisition in Paris ($300m), the Amazon Dortmund logistics exit (30%+ return), the Amity School Dubai exit (66% ROI), and the zSpace Nasdaq IPO in December 2024. GII has built a portfolio of operating subsidiaries including Al Meswak Dental Clinics, Abeer Medical Company, Anglo-Gulf Trade Bank (rebranding as Vision Bank), OFFA (UK Shariah-compliant bridge financing), Badia Farms (vertical farming) and a Brookfield-led consortium stake in GEMS Education.

GII monetises through asset management fees on AUM, performance/carried interest on exits, underlying real estate rental income, Shariah-compliant debt fund returns (GDF-I, $100m) and historical investment banking advisory fees. Investor reporting is supported by the Investor Café portal hosted on eFront Cloud, with no proprietary core technology stack disclosed beyond bespoke deal structuring and a portfolio of digital banking and agritech platforms. Recent strategic moves include securing a full Saudi CMA licence in July 2023, a $100m oversubscribed capital increase in October 2024, and Bloomberg-reported plans (January 2026) for up to $400m in capital raise and Islamic debt issuance to support a stated objective of tripling AUM to $10bn by end of decade.

Name

Gulf Islamic Investments LLC (GII)

Legal name

Gulf Islamic Investments L.L.C

Website

https://gii.ae

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Gulf Islamic Investments (GII) is a UAE-based, Shariah-compliant global alternative investment firm managing $3.5bn+ AUM across real estate, private equity and ventures, serving ultra-high-net-worth individuals, family offices and sovereign wealth funds through bespoke direct co-investments across the GCC, Europe, the US and India.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSAAAKAL

Real Assets — Operating Platforms & Direct Investments

Financial & Insurance/Asset & Wealth Management/Asset Management — Real Assets (Real Estate, Infrastructure, Natural Resources)

SECONDARYFSAEAAAB

Investment Management Advisory (RIA)

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Investment Advisory & Financial Planning

SECONDARYFSABAGAH

Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Islamic Banking

Keywords

• Shariah-compliant investments
• Alternative asset management
• Private equity funds
• Real estate investment
• Venture capital investments

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

1. Asset Management Fees: Recurring management fees on Assets Under Management (AUM), currently $3.5bn+ deployed across real estate ($2.2-2.25bn), private equity ($651-750mn) and venture capital ($99mn+). Standard revenue model for a global alternative investment group.
2. Performance / Carried Interest on Exits: Share of profits on successful exits; GII reports $0.7bn+ in returns and exit proceeds to investors, with overall investor distributions exceeding $600m and 66% ROI on the Amity School exit. Recent major exits include Amity School Dubai (US$50m), Celtic Springs UK, Amazon Logistics Germany (30% return), and zSpace (Nasdaq IPO December 2024).
3. Real Estate Rental & Yield Income: Underlying rental income and yield-generating transactions from real estate portfolio (warehouses, offices, senior care homes, schools, residential); GII notes yield-generating portfolio has touched $50m+ since 2015.
4. Shariah-Compliant Debt Fund Returns: Income from $100m GII Debt Fund-I (GDF-I) launched November 2022 providing Shariah-compliant debt returns.
5. Investment Banking & Advisory Fees: Historical track record: $5.6 billion in debt and equity syndication and in excess of $1.2 billion in equity advisory mandates; including co-investment advisory on major deals such as Amazon Dortmund acquisition.
6. Growth Capital Raises: Periodic capital increases (e.g., oversubscribed $100m raise October 2024 with Al-Nahdi family office, Shurooq, Saudi institutions; planned up to $400m short-term Islamic debt issuance per Bloomberg January 2026) deployed as growth capital on balance sheet.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels7 records

Core offering

GII is a full-service Shariah-compliant alternative investment platform that builds bespoke, single-asset co-investment opportunities across three divisions: Real Estate ($2.25bn AUM), Private Equity & Tech ($651-750mn AUM), and Venture Capital ($99mn+ AUM). It sources, structures, deploys and exits deals — including direct real estate, REITs, debt funds, private equity and venture capital — for ultra-high-net-worth individuals, family offices, sovereign wealth funds and financial institutions globally. Total AUM exceeds $3.5bn with 60+ deals sourced and closed and $0.7bn+ in investor returns.

Product overview

GII operates as a unified platform-plus-divisions architecture under the Gulf Islamic Investments LLC (GII) master brand, structured around three core business divisions — Real Estate ($2.25bn AUM), Private Equity & Tech ($651mn AUM), and Ventures ($99mn AUM) — together totalling $3.5bn+ in assets under management. These divisions are delivered through a mix of dedicated single-asset investment vehicles (e.g., the GII Islamic REIT for real estate), India-focused private equity funds (IGP-I, IGP-II), technology-focused venture capital funds (GII Tech Ventures, with investments such as zSpace, Mumzworld, and Apttus), and a $100m Shari'ah-compliant Debt Fund (GII Debt Fund-I / GDF-I). Supporting infrastructure includes the Bahrain-based Gulf Ventures Capital subsidiary (vehicle for the Green Corp food/agriculture platform), the GII Capital capital markets arm, the Investor Café portal on eFront Cloud for investor reporting, and a portfolio of operating companies (Abeer Medical, Al Meswak Dental Clinics, OFFA, Anglo-Gulf Trade Bank / Vision Bank, Hotpack Global, Logipoint JV, Badia Farms, GEMS Education). All offerings are explicitly designed to be Shari'ah-compliant and globally diversified across the GCC, Europe, the US, and India.

Differentiator

Problem solved

Functional benefit

Brands

• GII REIT (GII Islamic REIT): GCC's first Shari'ah-compliant monthly dividend REIT, launched out of DIFC Dubai in December 2017 with AED 500 million seed investments
• GII Capital
• GII Debt Fund-I (GDF-I)
• Gulf Ventures Capital
• Green Corp
• Vision Bank
• OFFA

Products and services

• GII Real Estate Division Asset-backed income-generating real estate opportunities across GCC, Europe and the US, including commercial, industrial, residential, alternative and logistics sub-sectors (3PL & 4PL, food distribution, e-commerce). Single-asset standalone investment model with tax-efficient and Shari'ah-compliant structures.
• GII Private Equity & Venture Capital Division Direct investment opportunities in healthcare, technology, education, consumer services, and food & beverage across the US, GCC and India; venture capital focus on Enterprise Systems, Big Data & Analytics, Security, Medical Devices, Consumer Devices and E-commerce in the US, Canada, GCC and India.
• GII Islamic REIT (CEIC) Ltd GCC's first Shariah-compliant monthly dividend REIT, launched out of DIFC Dubai with AED 500 million seed investments committed by GII's investor group; holds international real estate exposure in the UK and US, with notable acquisitions including the Emaar Square Downtown Dubai office ($32m) and a Downtown Dubai residential property ($52m).
• GII Debt Fund-I (GDF-I) $100 million Shari'ah-compliant Debt Fund launched in November 2022, targeting debt opportunities across the GCC and beyond.
• India Growth Portfolio I (IGP-I) Private equity fund comprising significant minority-stake investments in Indian healthcare companies, including an award-winning multi-specialty hospital chain and India's leading in-vitro diagnostics (IVD) firm.
• India Growth Portfolio II (IGP-II) Multi-sector India-focused private equity fund announced in February 2021 with planned deployment of over $50 million across Indian investment opportunities.
• European Senior Living Fund EUR 500 million European senior living fund operated in joint venture with Capital Bay Group, focused on acquiring senior care facilities across Europe (initial acquisitions in Germany).
• GII Tech Ventures Technology investment fund under GII that acquires stakes in technology companies; notable investments include 11% of Canadian biometrics company Nymi Band and participation in Valencell's $11m Series D funding in biometric wearables.
• Investor Café (GII Investor Portal) Investor-facing portal hosted on the eFront Cloud platform at icx.efrontcloud.com/@5828/GII/login.aspx, providing GII investors with secure access to fund information, statements, and reporting.

Quantifiable outcome

• $0.7bn+ in returns and exit proceeds delivered to investors
• +5 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature4 records

Partnerships

15 partnerships are on record, tiered core, flagship and minor.

• GRID Properties (Shreen Gupta MBO)coreOthers · 19 December 2024GII sold its majority shareholding in GRID Properties to GRID's CEO Shreen Gupta (existing minority shareholder) via management buy-out with full Board support in December 2024. GII and GRID continue collaborating on existing and new developments including flagship The Lucan in Chelsea.
• Logipoint (SISCO subsidiary)flagshipStrategic or Co-development Partner · 27 May 2024Joint venture signed in Jeddah (May 2024) for a logistics platform providing Grade A warehousing solutions across Saudi Arabia, in a deal worth over SAR 1 billion (~$300 million). Builds on GII's logistics history since 2017 and supports Saudi Vision 2030.
• Saeed Saleh Al Ghamdi (Board Appointment)flagshipOthers · 24 May 2024Saeed Saleh Al Ghamdi appointed as new Board Member at GII Holding LLC in May 2024; brings 26+ years of experience including 10 years at Procter & Gamble, 5 years as CFO of SAGIA, and CEO roles at Al-Nahdi Family Office. Represents strategic deepening of Saudi family office ties.
• Brookfield Asset Management (Logistics Platform Acquisition)flagshipStrategic or Co-development Partner · 2 May 2024Brookfield acquired controlling stake in GII's UAE logistics real estate platform comprising 1.5M sq ft of high-quality warehouses in May 2024; partnership enables expansion and acquisition of high-quality logistics assets in the region.
• Edamah (Bahrain Real Estate Investment Company) and Bahrain Mumtalakat HoldingflagshipStrategic or Co-development Partner · 25 March 2024Badia Farms (GII's Green Corp food platform) signed strategic partnership with Edamah (real estate arm of Mumtalakat sovereign wealth fund) for an agricultural project in Bahrain; 50,000 sq.m. plot leased for sustainable hydroponic farm.
• Bahrain Bayan SchoolminorOthers · 17 October 2023CSR partnership: GII committed to take the top four Bahrain Bayan School students for an internship with GII in Dubai in summer 2024 as part of its social responsibilities programme.
• Saudi Capital Market Authority (CMA)flagshipOthers · 6 July 2023GII expanded operations in Saudi Arabia substantially in 2023 with the acquisition of a full investment licence from the Saudi Capital Market Authority (CMA); GII Saudi Arabia entity established with Riyadh office planned.
• Mohammed bin Rashid Al Maktoum Humanitarian and Charity EstablishmentminorOthers · 9 April 2023GII contributed AED 10 million towards the '1 Billion Meals Endowment' campaign (April 2023) and participated in the 100 Million Meals campaign during Ramadan; charitable alignment with humanitarian initiatives.
• Gulf Ventures Capital (Bahrain subsidiary)coreOthers · 28 March 2023GII launched Green Corp food business platform through its Bahrain-based subsidiary Gulf Ventures Capital in March 2023 to develop sustainable agricultural, aquaculture, food processing and production projects across the GCC.
• Capital Bay Group (CB)coreStrategic or Co-development Partner · 1 November 2022Joint venture with Capital Bay Group (German investment and asset manager) for EUR 500m European senior living fund; acquired two German senior care facilities through this fund in November 2022.
• Marriott InternationalflagshipStrategic or Co-development Partner · 27 July 2022GII announced prestigious collaboration with Marriott International in July 2022 to develop The Lucan, Autograph Collection Residences in London's Chelsea district - the first Marriott Autograph Collection branded residences globally.
• Mubadala Investment Company (Anglo-Gulf Trade Bank)flagshipStrategic or Co-development Partner · 1 June 2022GII fully acquired 100% of Anglo-Gulf Trade Bank (AGTB) digital bank from Abu Dhabi sovereign wealth fund Mubadala in June 2022, supporting GII's objective of providing the best financial services solution to investors.
• Ajman BankcoreChannel Partner/ Reseller/ Distributor · 26 March 2018Ajman Bank signed MoU with GII-REIT (March 2018) under which the bank will offer GII's REIT fund investment to its customers as a distribution channel.
• DIFC (Dubai International Financial Centre)flagshipOthers · 21 December 2017GII officially launched GCC's first monthly dividends REIT out of DIFC, Dubai in December 2017; IPO targeted for Q2 2018.
• NorthacrecoreImplementation/ SI/ Consulting Partner · 13 February 2017Northacre appointed as development manager in February 2017 for the £100m luxury residential redevelopment of the former Chelsea police station (2 Lucan Place) in London.

Scale indicators21 records

Recent moves16 records

Expansion highlights7 records

Direct peers

• Jadwa Investment: Saudi Arabia-based Shariah-compliant investment manager with real estate, private equity and healthcare funds; long-standing GII co-investment partner (e.g., Al Meswak Dental Clinics acquisition, May 2022) and a direct competitor for Vision 2030-aligned mandates.
• Arcapita: Bahrain-headquartered global alternative investment manager focused on private equity and real estate across the GCC, US and Europe; closely comparable in multi-asset alternative mandate, Shariah-compliance orientation, and cross-border direct deal execution.
• Shuaa Capital: UAE-based integrated investment management and advisory firm with real estate, private equity and asset management franchises; competes for the same UAE institutional and UHNW Shariah-compliant mandates as GII.
• GFH Financial Group: Bahrain-headquartered GCC alternative investment and advisory firm with real estate, private equity and treasury placement businesses; both co-founders of GII (Al-Hassan, Gupta) previously held senior roles at GFH, making it the closest comparable in business mix and geography.
• Rasmala Investment: Dubai-based alternative asset manager with regional PE, real estate and listed-equity strategies; acted as strategic co-advisor and co-investor with GII on the Amazon Dortmund acquisition, indicating overlapping GCC real estate deal flow.

Broad incumbents

• KIPCO (Kuwait Investment Projects Company): Kuwait-headquartered diversified holding company with significant asset management, insurance and real estate arms; a broader incumbent operating regional alternative-investment activities that overlap with GII's portfolio allocation model.
• Al Rajhi Capital: Investment banking and asset management arm of Saudi Arabia's largest Islamic bank; competes with GII for Shariah-compliant institutional and HNW capital, particularly for Vision 2030-aligned private equity and real estate allocations.

Regional players

• Kamco Invest: Kuwait-based regional investment company with asset management, investment banking and real estate capabilities; comparable in GCC multi-asset alternative mandates though anchored in Kuwait rather than the UAE/Saudi corridor.

Others

• Bank of London and The Middle East (BLME): UK-headquartered Shariah-compliant wholesale bank with asset management and real estate finance activities; shares GII's UK Shariah-compliant banking and bridge-financing adjacency (GII's OFFA subsidiary) and provides a useful peer for the digital-banking / bridge-financing extension.

Emerging players

• Boubyan Capital Investment: Kuwait-based Islamic investment arm of Boubyan Bank focused on Shariah-compliant asset management and advisory; smaller scale than GII but competes for the same Kuwaiti and GCC Islamic institutional flows.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xtwitter.com/sharer?link=https://gii.ae
• LinkedInlinkedin.com/company/gii5
• Instagraminstagram.com/gii.uae

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles23 records

Subsidiaries15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments19 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gulf Islamic Investments LLC (GII)