Osool and Bakheet Investment Company

What Osool and Bakheet Investment Company does

Osool & Bakheet Investment Company (OBIC) is a Saudi joint stock company headquartered in Riyadh that provides a vertically integrated suite of financial services: securities trading (via its proprietary Obic Trading electronic platform and phone-based broker desk), securities custody, investment management and fund operations, discretionary portfolio management for HNW clients, and margin financing through murabaha agreements. The company manages four equity-oriented investment funds (STEF for Saudi equities, an IPO Fund, a Sharia-compliant IPO Fund, and a Parallel Market Fund targeting Nomu-listed stocks) plus the Al-Maather REIT, with disclosed fund NAVs totaling roughly SAR 64.8M as of June 2026. OBIC was formed from the 2014 merger of Osool Al-Maliyah and Bakheet Investment Group, began operations under Capital Market Authority license 07-08126 in 2005, and listed on the Saudi Nomu parallel market in November 2023 (ticker 9586) as the first financial market institution to trade on the Saudi stock market. The company serves individual investors, HNW individuals, Sharia-compliant investors, and institutional clients through a hybrid direct/digital distribution model anchored in proprietary technology.

The business model combines recurring management and custody fees across multiple funds with transaction-based brokerage commissions and usage-based margin financing. Annual management fees range from 1.5% (STEF) to 2.0% (IPO and Parallel Market funds), with custody fees of 0.50% and early redemption penalties; minimum subscriptions range from SAR 1,000 to SAR 10,000. H1 2023 revenue reached SAR 32.5M (+107% YoY) with profits of SAR 13M (+94% YoY), but FY2024 revenue of SAR 42.99M reversed to a SAR 46.94M loss in FY2025, driven by SAR 64M in unrealized fair-value losses on investments — including an auditor-qualified SAR 10.9M stake in Future Innovation for Digital Brokerage, which itself received a Central Bank notice for license non-compliance. The company is pursuing growth via a targeted SAR 2.4B AUM goal by end-2026 and a new SAR 713M hotel development fund launched in June 2026, positioning the business around Saudi Vision 2030 themes in tourism and real estate.

Name

Osool and Bakheet Investment Company

Legal name

Osool & Bakheet Investment Company (أصول وبخيت الاستثمارية)

Website

https://obic.com.sa

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

Osool & Bakheet Investment Company is a Saudi CMA-licensed financial services firm offering securities trading, custody, fund management, and portfolio management to individual, HNW, Sharia-compliant, and institutional investors in Saudi Arabia, listed on the Nomu parallel market.

Ownership category

akta.pro rank

Product category

Investment Management & Securities Brokerage

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Open-End Investment Funds (525910), Finance and Insurance (52)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI)

akta.pro secondary industry

Islamic Investment Banking & Capital Markets Services (FSABAGAG)

Keywords

• Investment management services
• Securities brokerage
• Asset custody services
• Portfolio management
• Investment fund management

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Fund Management and Arrangement Fees: OBIC earns management fees from managing investment funds (STEF, IPO Fund, IPO Sharia Fund, Parallel Market Fund, REITs). The company also generates arrangement fees from launching new funds such as the SAR 713M hotel development fund, projected to contribute over 5% of 2025 revenues in 2026.
2. Securities Trading/Brokerage: Brokerage commissions from facilitating securities trading for investors in Saudi stock markets through electronic and phone-based trading channels
3. Securities Custody Services: Custody fees for safeguarding investor securities and portfolios through the proprietary Management Client System
4. Portfolio Management Services: Discretionary portfolio management services for high-net-worth clients, constructing portfolios from financial instruments (stocks, funds, bonds, sukuk, deposits) based on client-specific needs and strategic asset allocation
5. Margin Financing: Margin financing (murabaha facilities) provided to clients for investing in company products
6. Telecom Network Management Services: Revenue from managing and monitoring telecom networks and information networks, generating SAR 6.35 million in 2025

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Osool & Bakheet Investment Company (OBIC) is a Saudi Capital Market Authority-licensed financial services company that provides securities trading through its proprietary Obic Trading platform, securities custody services via its internal Management Client System, investment fund management (STEF, IPO Fund, IPO Sharia Fund, Parallel Market Fund, Al-Maather REIT, Ashad Al Hamra Hotel Development Fund), and discretionary portfolio management for high-net-worth individuals. The company operates across Saudi financial markets and offers both conventional and Sharia-compliant investment products.

Product overview

Osool & Bakheet Investment Company (OBIC) is a Saudi joint stock company (formed from merger of Osool Al-Malia and Bakheet Investment Group) offering a comprehensive financial services ecosystem. The core offerings include: (1) Securities Trading - proprietary electronic trading platform for Saudi stocks (etrade.obic.com.sa) with real-time execution; (2) Investment Management - discretionary portfolio management and fund operation services; (3) Custody Services - specialized internal custody system (Management Client System) for funds and private portfolios; and (4) Financing Services - margin financing through murabaha agreements. The company manages four distinct investment funds: STEF (Saudi Trading Equity Fund) for main market equities, IPO Fund for initial public offerings, Sharia-Compliant IPO Trading Fund, and Parallel Market Trading Fund for Nomu-listed stocks. Additionally, Al-Maather REIT provides real estate investment trust services. All funds operate under Capital Market Authority license 07-08126, with the company listed on Nomu-Parallel Market (stock code 9586) since November 2023.

Differentiator

Problem solved

Functional benefit

Products and services

• Trading Osool & Bakheet (تداول أصول وبخيت) Proprietary electronic trading platform for Saudi stocks providing real-time price monitoring, order entry/modification/cancellation, and order status tracking with fast and secure execution for individual and institutional investors.
• Securities Custody Services Custody services for investment funds and private portfolios through a proprietary Management Client System (MCS) that maintains investor asset records, applies updates, matches and segregates assets, and generates periodic investor and authority reports.
• Osool & Bakheet Saudi Trading Equity Fund (STEF) (صندوق أصول وبخيت للمتاجرة بالأسهم السعودية) Sharia-compliant open-ended equity fund that aims to grow capital through positive value addition versus the benchmark index, investing in Saudi stocks with allowances for traded real estate units and parallel market stocks. Annual management fee: 1.5%; minimum subscription: SAR 10,000.
• Osool & Bakheet IPO Fund (صندوق أصول وبخيت للإصدارات الأولية) Fund targeting capital growth through investment in Saudi IPOs and recently listed stocks within their first five years of listing. Annual management fee: 2.0%; custody fee: 0.50%; early redemption fee: 1.75% (under 30 days).
• Osool & Bakheet Sharia-Compliant IPO Trading Fund (صندوق أصول وبخيت للمتاجرة بأسهم الإصدارات الأولية المتوافقة مع الضوابط الشرعية) Sharia-compliant fund investing in Saudi IPOs and newly listed stocks, operating under an Islamic law monitoring committee. Launched November 15, 2015; unit price 1.6224 SAR as of June 25, 2026.
• Osool & Bakheet Parallel Market Trading Fund (صندوق أصول وبخيت للمتاجرة بأسهم السوق الموازية) Fund investing in stocks listed on the Nomu-Parallel Market with allowances for main market small/medium cap stocks; all investments comply with Sharia standards. Annual management fee: 2.0%; custody fee: 0.50%; performance fee: 10% of profits; early redemption fee: 3%; minimum subscription: SAR 1,000.
• Al-Maather REIT Fund (صندوق المعذر ريت) Real estate investment trust targeting income-generating assets in Saudi Arabia with a minimum 90% annual distribution of net profits, investing up to 25% in real estate development projects (excluding raw land).
• Osool & Bakheet Ashad Al Hamra Hotel Development Fund Closed-ended private real estate investment fund targeting SAR 713 million to develop a luxury hotel in Al Khobar, Saudi Arabia, aligned with Vision 2030 tourism sector growth. Expected to contribute over 5% of 2025 revenues through arrangement and management fees over a five-year term.
• Discretionary Portfolio Management Services Customized portfolio construction for high-net-worth clients using financial instruments such as stocks, funds, bonds, sukuk, and deposits based on client-specific objectives and strategic asset allocation.
• Margin Financing Services (Murabaha) Margin financing facilities structured as murabaha agreements enabling clients to invest in OBIC's investment products based on their specific needs and risk profile.
• Private Equity Fund Services Service for creating and operating private equity funds that enable investors to acquire influential equity stakes in companies for corporate restructuring and value creation, with potential board representation.

Quantifiable outcome

• Targeting SAR 2.4 billion in assets under management by end of 2026
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Al Khobar Land for Hotel DevelopmentcoreOthers · 22 June 2026OBIC is acquiring land in Al Khobar for developing a luxury hotel project through the SAR 713 million Ashad Al Hamra Hotel Development Fund. The fund targets Saudi Arabia's growing tourism sector aligned with Vision 2030 goals. The real estate sector contributes approximately 6% to Saudi GDP.

Scale indicators11 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Jadwa Investment: Saudi-licensed investment management and advisory firm managing public and private equity funds, real estate, and alternative investments. Directly comparable in fund management, REITs, and private equity structuring in Saudi markets.
• Alistithmar Capital (Bank AlJazira subsidiary): CMA-licensed brokerage and asset management subsidiary of Bank AlJazira. Direct competitor offering securities trading, portfolio management, and Sharia-compliant fund products to Saudi retail and institutional clients.
• Derayah Financial: Saudi CMA-licensed broker-dealer known for digital-first trading platform and asset management services. Direct competitor in retail brokerage and fund management with similar technology-forward positioning to OBIC.
• Saudi Fransi Capital: CMA-licensed investment arm of Banque Saudi Fransi providing securities brokerage, asset management, and advisory services in Saudi markets. Closest direct peer given overlapping conventional banking pedigree and similar mid-tier scale.
• ANB Capital: Investment arm of Arab National Bank providing brokerage, asset management, and investment banking in Saudi markets. Comparable in regulatory positioning and product overlap with OBIC's brokerage, custody, and fund services.
• Alinma Investment: CMA-licensed brokerage and asset manager affiliated with Alinma Bank, offering Sharia-compliant investment products. Comparable in targeting Saudi retail investors with conventional and Islamic investment vehicles.

Broad incumbents

• SNB Capital (formerly NCB Capital): Saudi Arabia's largest investment firm and a subsidiary of Saudi National Bank. Comparable as a full-service broker, asset manager, and fund operator licensed by CMA, though vastly larger and broader in scope than OBIC.
• Riyad Capital: Investment banking and brokerage subsidiary of Riyad Bank, offering securities trading, asset management, custody, and investment banking advisory across Saudi markets. Directly comparable product set to OBIC's brokerage, custody, and portfolio management lines.
• Al Rajhi Capital: Investment arm of Al Rajhi Bank, one of Saudi Arabia's largest financial institutions. Operates brokerage, asset management, and research functions with overlapping conventional and Sharia-compliant offerings to retail and institutional clients.

Emerging players

• Musharaka Capital: Sharia-compliant Saudi investment firm operating in brokerage and asset management. Smaller and more focused than the major bank-affiliated competitors, with comparable product positioning to OBIC in Islamic finance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/osoolbakheet?lang=en
• LinkedInsa.linkedin.com/company/osool-&-bakheet-investment-company
• Instagraminstagram.com/osoolbakheet

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Osool and Bakheet Investment Company