Gulf Custody Company

Name

Gulf Custody Company

Legal name

Gulf Custody Company KSCC (Gulf Clearing Company)

Website

https://gulfcustody.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Securities Custody Services

NAICS

Trust, Fiduciary, and Custody Activities (523991), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Investment Activities (5239)

akta.pro primary industry

Fund Custody & Transfer Agency Services (FSACAHAG)

akta.pro secondary industries

Local/Sub-Custody Services (In-Market Custody) (FSAFAHAB), Custody & Safekeeping Operations (FSACALAD), Custody Trust & Safekeeping Services (FSAAANAD)

Keywords

• Fund custody services
• Securities settlement services
• Investment controller services
• Share registry services
• Fund administration

Headquarters

HQ city

Kuwait

HQ country

Kuwait

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Custodian Services: Custody of financial securities on behalf of clients including individuals, banks, funds, and investment companies. Includes opening and managing independent client accounts, collecting and depositing cash dividends, notifying fund managers of obligations, and executing fund manager instructions within custodian scope.
2. Investment Controller Services: Controlling and supervising collective investment schemes as stipulated in Law No. 7 of 2010 and its amendments.
3. Share Registry Services: Providing shareholder records services to Kuwaiti shareholding companies not listed and not subject to Capital Markets Authority control.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Gulf Custody Company provides three core institutional services: custody of financial securities on behalf of clients, investment controller supervision of collective investment schemes under Law No. 7 of 2010, and share registry services for unlisted Kuwaiti shareholding companies. The company opens and manages independent client accounts, collects and deposits cash dividends, notifies fund managers of obligations, executes fund manager instructions within custodian scope, and maintains shareholder records, including issuance of electronic encrypted certificates.

Product overview

Gulf Custody Company operates as a unified financial services platform offering three core products: Investment Controller (supervising collective investment schemes), Custodian Services (securities custody and client account management), and Share Registry (shareholder record-keeping). These are complemented by support services including an Investor Affairs Unit and Complaints Unit. The company also serves various funds including the Al-ROU`YAH Fund and Fund Serve series, providing custody, administration, accounting and registry services to the alternative investment industry. The company operates across Kuwait, Bahrain, and Oman as subsidiaries.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Controller Provides controlling and supervising services for collective investment schemes as stipulated in Kuwaiti Law No. 7 of 2010 and its amendments. For investment funds, banks, and capital markets participants operating in Kuwait.
• Custodian Services Custody of financial securities on behalf of clients including individuals, banks, funds, and investment companies. Includes opening and managing independent client accounts, collecting and depositing cash dividends, notifying fund managers of obligations, and executing fund manager instructions within custodian scope.
• Share Registry Provides shareholder record-keeping services for Kuwaiti shareholding companies that are not listed and not subject to Capital Markets Authority control. Includes electronic encrypted certificate issuance, pioneering the first electronic encrypted certificate in Kuwait.

Quantifiable outcome

• First electronic encrypted certificate in Kuwait - pioneering digital certification service
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Gulf Custody Company – Kingdom of BahraincoreOthers · 1 January 2003Subsidiary established in Bahrain in 2003, licensed and regulated by the Central Bank of Bahrain as Investment Business – Category 1. Operates as Gulf Custody Bahrain BSC Closed.
• Gulf Custody Company – Sultanate of OmancoreOthers · 1 January 2003Subsidiary established in Oman to expand regional presence and serve clients across the Gulf Cooperation Council markets.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• HSBC Middle East: Global custodian with significant GCC presence serving regional and international institutional clients. Represents the primary global-incumbent threat that Gulf Custody competes against for cross-border mandates.
• Standard Chartered Bank (Gulf): Global custodian operating across the GCC, providing custody, fund administration, and securities services. Comparable in function but operates at much larger scale and broader geographic reach.
• Boubyan Bank: Kuwaiti Islamic bank with growing securities and fund-services capabilities. A regional incumbent whose custody offerings partially overlap with Gulf Custody's institutional services.
• National Bank of Kuwait (NBK): Kuwait's largest bank offering custody and securities services as part of a broader portfolio. Overlaps with Gulf Custody's custody and settlement offerings but operates at much larger scale across multiple verticals.
• Kuwait Finance House (KFH): One of Kuwait's largest Islamic banks with securities custody and fund administration capabilities. Comparable regulatory jurisdiction and customer base, but operates as a full-service bank rather than a specialist custodian.

Direct peers

• KAMCO Investment Company: Kuwaiti investment company offering asset management, brokerage, and fund services/custody-style solutions. Comparable domestic competitor serving investment funds and institutional clients in Kuwait.
• Kuwait Financial Centre (Markaz): Kuwait-based investment firm and Gulf Custody's largest shareholder (~50.98%). Operates adjacent asset-management, custody, and investment-advisory functions for Kuwaiti and GCC clients, making it the most direct comparable for institutional fund services in Kuwait.

Others

• Gulf Bank: Kuwaiti bank and Gulf Custody shareholder (~9.51%). Provides custody-adjacent banking services and represents a shareholder/customer relationship rather than a direct head-to-head competitor.

Regional players

• Ahli United Bank (Bahrain): Bahrain-headquartered bank with custody and fund administration services across the GCC. Primary regional competitor in Gulf Custody's Bahrain market, with comparable regulatory standing under the CBB.
• Bank of Bahrain and Kuwait (BBK): Bahrain-based bank with regional custody and securities services. Comparable jurisdiction (CBB-regulated) and serves a similar Bahrain-based institutional client base as Gulf Custody Bahrain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/gulf-custody-company

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries2 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 Gulf Custody Company