Other Investments
Capital: KD 30,000,000 ($103,448,000)
Main Activity: Liquidation, Management of Investment Assets, and Bond Issuance
(State of Kuwait and GCC countries)
Rasameel Structured Financing is active in the fields of reorganizing, structuring, and setting assets and modernizing it to enhance its potential value; as well as providing subscription, bonds, and shares public offering services. In addition to consultations services, management of financial risks, funds, and establishment of companies for the purpose of owning some of the purchased assets or financing companies through alternatives subject to Islamic doctrines. Other activities include seizer of different forms of assets and trading of funds, bonds, shares, and currencies.
Rasameel's main activity, though, is Tawreq "Islamic Securitization" through buying debt accounts and restructuring it. The company specializes in investing in known or expected income generating assets. Rasameel aims to offer its clients financing alternatives different from the available common financing resources; in addition to creating a wallet for issuance of financial bonds with expected flows and abundant assets and offering it to investors through investment tools and Islamic products with ample returns and low risks.
Building & Growth Investment Co.
Capital: KD 15,000,000 ($51,724,000)
Main Activity: Project's Financing and Investment (State of Kuwait and GCC countries)
Aiming at more efficient utilization of A'ayan's expertise in the fields of financing and investment, and the experiences of A'ayan's partners and strategic allies in infrastructure and urban development projects Came Building & Growth Investment Company. It is a company specialized in project financing, participating, and investing in projects, and in particular, in BOT projects.
Building & Growth Company have important contributions in many local and regional projects. The company is targeting more of these projects, which the region is flourishing with. BOT projects are considered one of the best ways to include the private sector in the development projects and to benefit from the private sector's competency in executing and managing such projects. In addition to reduce the burden of such projects of scale from the shoulders of governments and presenting the private capital the chance to invest in promising opportunities that pays the investors and the economy ample returns.
Hajj and Omra Services "Masha'er"
Capital: KD 4,200,000 ($14,483,000)
Main Activity: Provide Hajj and Omra Services. (Gulf countries and the Middle East)
Group for Hajj and Omra Services Co. "Masha'er" enjoys a wide experience in the region's markets, especially in Saudi Arabia. Masha'er gained these experiences through its main activity, and it covers different fields like passenger transportation by land and air, and operating properties in the Holy Shrines.
A'ayan's investment in Masha'er is a long-term investment in a strategic ally that contributes to the realization of A'ayan's expansion plans and the geographic stretching into the Saudi markets.
Some of the main results of the close alliance with Masha'er are seen in the establishment of Al-Masaa Real Estate Investment Co. and Rawahel Transportation Company, in addition to many investments in other promising opportunities.