Alinma Investment

Alinma Investment is a wholly owned subsidiary of Alinma Bank, a Saudi joint-stock bank established with the backing of major state institutional investors including the Public Investment Fund. The investment arm serves as the bank's principal dealing, asset management, and corporate finance unit. It operates on Alinma Bank's balance sheet rather than as a separate partnership structure.

The firm manages a mix of public Saudi equities via Shariah-screened mandates, a series of CMA-regulated real estate income funds including the Alinma Makkah Real Estate Fund, and discretionary portfolio management for institutional and high-net-worth clients. It also participates in primary sovereign Sukuk issuance through the parent bank's treasury desk.

Alinma Investment manages public and private funds offered to Alinma Bank's retail and institutional clients, not purely proprietary capital. It operates multiple CMA-regulated mutual fund vehicles in equities and real estate that are distributed through the bank's branch and digital network. The parent bank's own treasury capital may co-invest alongside these funds.

Based on public product filings with the Saudi Capital Market Authority, Alinma Investment's known managed funds are predominantly focused on domestic Saudi real estate and listed equities. There is no public evidence of dedicated cross-border funds, though the discretionary portfolio management desk may hold Gulf Cooperation Council securities through its managed accounts.

Abdulmohsen Al-Fares serves as Chief Executive Officer of Alinma Investment, as reported in Saudi financial press. He has been with the Alinma group in senior roles spanning treasury and investment functions. Operational decisions sit within the parent bank's governance hierarchy rather than an independent partnership committee.

Alinma Investment's real estate funds typically target income-generating properties in specific Saudi geographic corridors, such as Makkah and Al-Ahsa, with deal flow generated through the bank's corporate relationships and local developer networks. The fund structures follow CMA-approved private placement models marketed primarily to the bank's own high-net-worth client base.

The Saudi Capital Market Authority licenses and supervises Alinma Investment under its 'Managing Investments and Operating Funds' authorization, which was most recently renewed in March 2024. The parent Alinma Bank is separately supervised by the Saudi Central Bank, creating a dual-regulatory environment for consolidated risk management.