Inovest BSC

Name

Inovest BSC

Legal name

Inovest B.S.C.

Website

https://inovest.bh

Company type

Public

Founded year

2002

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Investment Management / Diversified Investment Holdings

NAICS

All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (52394)

SIC

Investors, Nec (6799)

akta.pro industry

PRIMARYFSABAGAG

Islamic Investment Banking & Capital Markets Services

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

SECONDARYFSABAGAH

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

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

Keywords

• Investment management
• Shariah-compliant investments
• Industrial infrastructure development
• Real estate portfolio
• Wealth management services

Headquarters

HQ city

Manama

HQ country

Bahrain

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Returns and Portfolio Management: Generates revenue through investment returns from its diversified portfolio including real estate, industrial infrastructure (Bahrain Investment Wharf), labour accommodations, and contracting subsidiaries. Returns include ROI of 29% and IRR of 21% from BIW project.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Inovest B.S.C. is a publicly listed Bahraini investment company that operates a diversified portfolio of industrial, real estate, contracting, hospitality, and self-storage assets. It invests via wholly owned subsidiaries and joint ventures, including the Bahrain Investment Wharf industrial park, Takhzeen self-storage, Tamcon contracting, and resort/real estate developments. The company offers Shariah-compliant investment products and reports to shareholders via stock-exchange disclosures, annual reports, and an Investor Relations portal.

Product overview

Inovest B.S.C. is a Bahrain-based investment and wealth management company operating a diversified portfolio of assets across real estate, industrial infrastructure, contracting, and hospitality sectors. The company offers a platform of investment products including Bahrain Investment Wharf (an industrial park), Takhzeen (self-storage), Tamcon (contracting), and various real estate developments. Inovest provides Shariah-compliant investment services subject to Central Bank of Bahrain regulation, including a Zakat calculator tool for shareholders. The investment portfolio includes direct equity holdings in industrial, commercial, residential, and hospitality properties throughout the Kingdom of Bahrain.

Differentiator

Problem solved

Functional benefit

Products and services

• Bahrain Investment Wharf (BIW) The first privately owned and managed industrial investment park in Bahrain under a 50-year public-private partnership with the Government of Bahrain. Spans 1.7 million square meters of reclaimed and developed land with 163 pre-serviced industrial, logistics, commercial, and residential plots offered under long-term usufruct contracts.
• Takhzeen Self-Storage The first self-storage facility in Bahrain and the Middle East, located within Bahrain Investment Wharf. Provides 826 specialized storage units ranging from 2.5 to 200 sqm for personal, business, and climate-controlled storage needs with 24-hour secured access.
• Tamcon Contracting Construction and contracting subsidiary of Inovest that has won multiple government tenders and contracts, including projects valued at USD 26.5 million, USD 11.67 million, and USD 14.8 million.
• BIW Business Park Commercial and business park facilities within the Bahrain Investment Wharf industrial complex.
• BIW Labour Accommodation Worker accommodation facilities within Bahrain Investment Wharf. A joint venture project with VKL Holdings valued at USD 140 million.
• Ajwan Resort
• Jenan Real Estate Real estate investment holding within Inovest's portfolio.
• Adhari Park Entertainment and leisure park investment within Inovest's portfolio.
• Danat Al Bahrain Investment holding in the leisure and hospitality sector.
• Zakat Calculator Online Shariah-compliant Zakat calculation tool for shareholders to determine their Zakat obligations. Rate: 0.00096 per dollar for year ended 2024.

Quantifiable outcome

• ROI of 29% and IRR of 21% achieved on Bahrain Investment Wharf
• +2 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

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

• Melia Hotels & ResortscoreStrategic or Co-development Partner · 25 January 2024Memorandum of Understanding between First Gulf Real Estate (Inovest subsidiary) and Melia Hotels & Resorts for the operation of a hotel within Ajwan Resort. Melia will manage and operate the hotel services at the resort.
• AlMabarrah AlKhalifia FoundationminorGTM or Marketing Partner · 26 September 2022Collaboration with AlMabarrah AlKhalifia Foundation to offer a scholarship program for a bachelor's degree at the University of Bahrain. Inovest sponsors seats as part of its community investment and CSR initiatives.
• Sumou Holding CompanycoreStrategic or Co-development Partner · 12 December 2021Strategic agreement for the development of Dannat Resort located at Half Moon Bay. Sumou Holding Company partners with Inovest for the development of this resort project.
• VKL HoldingscoreStrategic or Co-development Partner · 1 January 2016Joint venture partnership for BIW Labour Accommodations project worth USD 140 million. VKL Holdings and BIW Labour Accommodations Co. collaborate to complete this major development project.
• Maaster Project Management Services Co.minorStrategic or Co-development Partner · 29 April 2014Sales and Development Agreement for Durrat Marina project. Maaster Project Management Services Co. serves as the development partner for the sales and development of Durrat Marina properties.
• Government of Bahrain (Ministry of Industry, Commerce and Tourism)flagshipStrategic or Co-development Partner · 1 January 2005Public-Private Partnership (PPP) between Inovest and the Government of Bahrain represented by the Ministry of Industry, Commerce and Tourism for the development of Bahrain Investment Wharf (BIW) - the first privately owned and managed industrial investment park. The partnership has a 50-year duration and contributes to Bahrain's industrial growth and economic diversification.

Scale indicators7 records

Recent moves13 records

Expansion highlights4 records

Direct peers

• Bahrain Real Estate Company (Edamah): Bahrain-based real estate investment company with government backing, focused on large-scale real estate developments. Comparable to Inovest in Bahraini domicile, government partnership approach, and focus on real estate investment assets.
• National Industries Group Holding: Kuwait-listed diversified holding company with significant industrial, petrochemical, and real estate holdings across the GCC. Comparable to Inovest's cross-listing on Kuwait Stock Exchange and its industrial park / contracting / real estate portfolio.
• Arcapita: Bahrain-headquartered global investment manager focused on private equity and real estate, historically listed and Shariah-aware. Comparable to Inovest in Bahraini domicile, GCC institutional investor base, and focus on alternative real-asset investments.
• KIPCO (Kuwait Projects Company): Kuwait-based diversified holding company with interests in financial services, real estate, industrial, and consumer sectors across MENA. Comparable to Inovest as a GCC-listed diversified investment holding company with multi-sector portfolio exposure.
• GFH Financial Group: Bahrain-based, Bahrain Stock Exchange-listed Islamic investment company offering asset management, real estate development, and proprietary investments. Highly comparable to Inovest in terms of Islamic finance mandate, Bahraini listing, and diversified investment portfolio across real estate and infrastructure.

Regional players

• Seef Properties: Bahrain-listed real estate investment company focused on commercial and entertainment properties including malls and recreational facilities. Comparable to Inovest's Bahraini listing and exposure to real estate, entertainment (Adhari Park), and commercial assets.
• Egypt Kuwait Holding Company: GCC-listed diversified investment holding company with exposure to industrial, financial, and real estate sectors, primarily in Egypt and the Gulf. Comparable to Inovest as a Kuwait-listed diversified holding company with industrial and real estate investment themes.

Broad incumbents

• Gulf Investment Corporation (GIC): GCC-based investment institution owned by the six Gulf states, with portfolio spanning private equity, real estate, and industrial projects. Comparable to Inovest in GCC regional investment focus and direct investment in industrial/real estate sectors.
• Bahrain Mumtalakat Holding Company: Bahrain's sovereign wealth fund with diversified portfolio across financial services, real estate, and industrial sectors. Comparable to Inovest in Bahraini jurisdiction and multi-sector investment mandate, though operating at significantly larger scale as a state-owned investor.

Emerging players

• Ithmaar Bank: Bahrain-based Islamic bank listed on Bahrain Bourse and Boursa Kuwait, with investment banking and proprietary investment activities. Comparable to Inovest in Bahraini Islamic finance positioning, dual-exchange listing, and regulated investment operations.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries8 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 Inovest BSC