Updated:
Majid Al Futtaim Trust
Majid Al Futtaim established the family enterprise that later placed its wealth under the Trust structure. Majid Al Futtaim died in 2021; his son Tariq Al...
Majid Al Futtaim Trust
Majid Al Futtaim established the family enterprise that later placed its wealth under the Trust structure. Majid Al Futtaim died in 2021; his son Tariq Al Futtaim sits on the board. The office continues to administer holdings that originated in retail and property development. The Trust deploys capital through direct real estate ownership, infrastructure joint ventures, and private equity positions. Confirmed holdings include Mall of the Emirates in Dubai, Mall of Egypt in Cairo, Tilal Al Ghaf mixed-use development, and Ghaf Woods residential project. Geographic reach covers the Middle East, selected African markets, and parts of Asia. Investment types include real estate, infrastructure, private equity, and limited startup exposure. The office lists no disclosed headcount or additional offices beyond Dubai headquarters. Adjacent vehicles include the Majid Al Futtaim Charity Foundation. No operational events from the last 24 months appear in available records. The Trust operates as a dedicated single-family vehicle with direct oversight of operating-company assets rather than a diversified external manager structure.
General information
Firm type
Single Family Office
Year founded
1992
Location
Region
Asia
Country
United Arab Emirates
City
Dubai
Corporate office
Dubai, United Arab Emirates
Principals
Souheil Hajjar
CEO
Tariq Al Futtaim
Board Member
Ahmed Galal Ismail
CEO of Majid Al Futtaim Holding LLC
Sector focus
Frequently asked questions
Who runs investment decisions at Majid Al Futtaim Trust?
Souheil Hajjar serves as CEO. Tariq Al Futtaim participates as a board member. Investment authority rests with the family office leadership team.
How is Majid Al Futtaim Trust related to Majid Al Futtaim Holding LLC?
The Trust functions as the family office vehicle. Ahmed Galal Ismail leads the Holding LLC, which operates the underlying retail and property businesses.
What asset classes does the Trust allocate to?
Allocations include real estate, infrastructure, private equity, and private credit. Direct ownership of malls and mixed-use projects forms the core.
Does the Trust participate in external fund commitments?
Available records show emphasis on direct holdings and joint ventures rather than third-party fund commitments.
Where does the underlying wealth originate?
The Al Futtaim family built its position through retail franchises and commercial real estate development across the MENA region.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: