Daman Investments

Asset Managementdaman.ae

Daman Investments is a Dubai-based, CMA-licensed asset management and investment advisory firm founded in 1998, offering wealth management, portfolio advisory, IPO and ESG funds, and a UAE Government-approved End of Service Program to high-net-worth individuals, corporates, and institutional clients.

Company typePrivate
Founded1998
HeadquartersDubai, United Arab Emirates
Headcount51–100
GTM typeB2B and B2C
OfferingServices

What Daman Investments does

Daman Investments PSC is a Dubai-based non-banking financial services firm operating since 1998 and registered as a Private Joint Stock Company under UAE Capital Markets Authority License 301043. It provides asset management, investment promotion, wealth management, investment management and advisory, and a UAE Government-approved alternative End of Service Program offered in both conventional and Shari'ah-compliant structures. Its core product set includes in-house mutual funds, the Daman UAE IPO Fund, the Daman ESG Fixed Maturity Fund, fixed income and structured products, estate planning and fiduciary solutions, and discretionary and non-discretionary portfolio mandates. Service architecture centers on a dedicated-advisor model in which each client is assigned a relationship manager who monitors the portfolio and recommends rebalancing under prevailing market conditions, supported by digital finance tools (a Risk Profiler and Retirement Calculator) on the corporate website. The business model is fee-based and recurring across asset management, investment promotion, wealth management, and investment management and advisory streams, with primary revenue generated from HNW individual portfolios, complemented by employer-channel distribution of the End of Service Program and institutional mandates. Operating geographies are anchored in the UAE with stated international client servicing for overseas investors targeting UAE and Middle East markets, and the firm supports its Shari'ah-compliant and conventional fund vehicles with Standard Chartered (custodian), White & Case (legal), Grant Thornton (auditor), and Amanie Advisors (Shariah).

Daman Investments firmographics

Firmographics

Name: Daman Investments
Legal name: Daman Investments PSC
Website: https://daman.ae
Company type: Private
Founded year: 1998
Operating status: Operating
Headcount range: 51–100 employees
Short description: Daman Investments is a Dubai-based, CMA-licensed asset management and investment advisory firm founded in 1998, offering wealth management, portfolio advisory, IPO and ESG funds, and a UAE Government-approved End of Service Program to high-net-worth individuals, corporates, and institutional clients.
Ownership category
akta.pro rank

Daman Investments industry classification

Industry

Product category: Asset Management
NAICS: Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)
SIC: Investment Advice (6282), Finance Services (6199)
akta.pro primary industry: Islamic Private Banking & Wealth (FSABAGAD)
akta.pro secondary industry: Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

Keywords

Asset management
Wealth management
Investment advisory
Portfolio management
End-of-service program

Where Daman Investments is headquartered

Location

Headquarters

HQ city: Dubai
HQ country: United Arab Emirates
HQ region: Middle East

Offices1 record

Markets served

Daman Investments business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others

Revenue model

Asset Management: Portfolio management, financial analysis and research services with over 25 years of experience
Investment Promotion: Strategic recommendations and efficient execution services including asset allocation, model portfolios, and dedicated wealth managers
Wealth Management: Systematic wealth plans covering mutual funds, fixed income, equities, structured products, estate planning, and fiduciary solutions
Investment Management & Advisory: Financial advisory and investment management services with experience in multiple industries and geographies
End of Service Program: UAE Government approved alternative end of service benefits scheme enabling employees to invest gratuity in approved funds

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Daman Investments product offering

Product offering

Core offering

Daman Investments is a Dubai-based asset and wealth management firm licensed by the UAE Capital Markets Authority (License 301043). It delivers portfolio management, investment promotion, wealth management products (mutual funds, fixed income, equities, structured products, estate planning, fiduciary solutions), investment management and advisory services, and a UAE Government-approved End of Service savings program offered in both conventional and Shari'ah-compliant variants.

Differentiator

Problem solved

Functional benefit

Brands

Daman UAE IPO Fund: Investment fund offering access to UAE IPO opportunities.
Daman ESG Fixed Maturity Fund

Products and services

Asset Management Discretionary portfolio management service covering in-house mutual funds, investment management, and IPO access and execution. Targeted at investors seeking professional portfolio management backed by experienced analysts and supported by the firm's CMA licensing for portfolio management and investment fund management.
Daman UAE IPO Fund Investment fund providing clients with exposure to UAE initial public offering opportunities. Designed for investors looking to participate in UAE primary market listings through a professionally managed fund vehicle.
Daman ESG Fixed Maturity Fund ESG-focused fixed maturity investment fund enabling clients to pursue sustainable investment outcomes with a defined maturity horizon, offered as part of Daman's in-house fund suite.
Investment Promotion Service offering strategic investment recommendations and efficient execution, encompassing asset allocation and model portfolios, dedicated wealth managers and advisors, and discretionary and non-discretionary mandates. Targeted at clients seeking tailored investment promotion and execution support.
Wealth Management Products Systematic wealth plans covering mutual funds, fixed income solutions, equities, structured products, estate planning solutions, and fiduciary solutions. Targeted at high net worth individuals and families seeking holistic wealth creation, protection, and intergenerational transfer solutions.
Investment Management and Advisory (IMA) Investment management and advisory service line covering advisory services, financial structuring and restructuring, fundraising and placements, and investment management. Targeted at corporate and institutional clients requiring strategic financial guidance, capital raising, and structured solutions across multiple industries and geographies.
End of Service Program UAE Government approved alternative end of service benefits scheme that enables employees to invest their end of service gratuity entitlements in approved funds. Available in a Conventional variant (custodied by Standard Chartered Bank UAE) and a Shari'ah Compliant variant (advised by Amanie Advisors Ltd), giving employers and employees compliant retirement savings vehicles with growth potential.
Feeder Fund Structuring Service enabling the design and structuring of feeder fund vehicles, typically used to channel investor capital into underlying master funds. Targeted at institutional and corporate clients seeking efficient fund-of-fund structures and access to underlying investment strategies.

Companies that use Daman Investments

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Daman Investments technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Daman Investments partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core.

Standard Chartered Bank UAEcoreOthersStandard Chartered Bank UAE serves as the Fund Custodian for Daman Investments' Conventional End of Service Solution, providing custodial services for the money market fund investments.
White & Case LLPcoreOthersWhite & Case LLP serves as the Legal Advisor for Daman Investments' Conventional End of Service Solution, providing legal counsel for the fund structure.
Grant Thornton UAEcoreOthersGrant Thornton UAE serves as the Auditor for Daman Investments' Conventional End of Service Solution, providing audit services for the fund.
Amanie Advisors LtdcoreOthersAmanie Advisors Ltd serves as the Shariah Advisor for Daman Investments' Shari'ah Compliant End of Service Solution, providing Islamic finance advisory services.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Daman Investments competitors and assessment

Company assessment

Direct peers

BHM Capital: UAE-based financial services firm offering asset management, brokerage, and investment advisory services. Comparable UAE-domiciled scale and product mix to Daman, with similar focus on regional investment opportunities.
Al Mal Capital: UAE-based financial services firm providing asset management, investment advisory, and brokerage services to institutional and HNW clients. Comparable to Daman in product breadth (mutual funds, managed portfolios, advisory) and UAE/MENA geographic focus.
Shuaa Capital: UAE-based investment banking and asset management firm offering asset management, investment advisory, and wealth management services across MENA. Most directly comparable to Daman given its UAE base, multi-product investment platform, and similar HNW and institutional client focus.
Mashreq Al-Islami Asset Management: Islamic asset management arm of Mashreq Bank, offering Shariah-compliant investment funds and portfolios to UAE HNW clients. Directly comparable to Daman's Shariah-compliant wealth management capability and End of Service Shariah solution.

Broad incumbents

First Abu Dhabi Bank (FAB) Investment Management: Investment management arm of FAB, the UAE's largest bank, offering mutual funds, discretionary mandates, and wealth management solutions. Competes with Daman across the UAE HNW and institutional client base with a much larger balance-sheet and distribution network.
Julius Baer (Dubai): Global private bank with a significant presence in Dubai, providing wealth management, investment advisory, and portfolio management services to HNW clients. Competes with Daman in the UAE HNW segment but with global scale, broader product set, and cross-border capabilities.
Emirates NBD Asset Management: Asset management arm of Emirates NBD, one of the largest UAE banks, offering mutual funds, managed portfolios, and Shariah-compliant solutions to UAE clients. Larger and broader incumbent competing with Daman in the UAE asset management market with deeper distribution.
Standard Chartered UAE Wealth Management: Global bank with a UAE wealth management franchise serving HNW clients across conventional and Islamic solutions. Already a Daman partner (custodian for the End of Service Program) but also a competitor in UAE wealth management, with broader international reach.
ADCB Asset Management: Asset management arm of Abu Dhabi Commercial Bank, providing mutual funds, structured products, and wealth management services in the UAE. Comparable product offering to Daman, with broader bank-led distribution and scale.

Regional players

Arqaam Capital: Regional (MENA-focused) investment bank and asset manager providing asset management, advisory, and capital markets services. Comparable in scale and product mix to Daman, with a broader regional rather than purely UAE footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Daman Investments financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Daman Investments leadership team

Management profile

Number of profiles

Profiles1 record

Daman Investments funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Daman Investments M&A and investment

M&A and investment

M&A

Investments5 records

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

Frequently asked questions about Daman Investments

What does Daman Investments do?

Is Daman Investments a public or private company?

Daman Investments is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Daman Investments founded?

Daman Investments was founded in 1998. It employs 51 to 100 people.

Where is Daman Investments based?

Daman Investments is headquartered in Dubai, United Arab Emirates, in the Middle East region.

How does Daman Investments make money?

Five revenue lines are on record. Asset Management is the primary driver. The others are investment Promotion, wealth Management, investment Management & Advisory and end of Service Program.

Who are Daman Investments's main competitors?

Direct peers on record are BHM Capital, Al Mal Capital, Shuaa Capital and Mashreq Al-Islami Asset Management. Broad incumbents are First Abu Dhabi Bank (FAB) Investment Management, Julius Baer (Dubai), Emirates NBD Asset Management, Standard Chartered UAE Wealth Management and ADCB Asset Management. Arqaam Capital is listed as a regional player.

Does Daman Investments have an API?

No public API is recorded for Daman Investments.

What industry is Daman Investments in?

Daman Investments's product category is Asset Management. Its primary akta.pro industry code is FSABAGAD, Islamic Private Banking & Wealth, with a secondary code of FSABAGAH, Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam). Its NAICS code is 523940 and its SIC code is 6282.