Osool & Bakheet Investment Company

Hisham Tuffaha serves as Chief Investment Officer, a role he assumed after a career spanning asset management at Bakheet Investment Group, Alinma Investment, and Mulkia Investment. He reports to CEO Mazen bin Mohammed Al-Dawood, whose background includes investment banking at Shuaa Capital, Saudi Hollandi Bank, and ABN AMRO. The board's investment funds committee is chaired by Bishr Bakheet.

It is an independent, publicly listed asset manager, not a family office. The firm trades on Saudi Arabia’s Nomu parallel market. Its shareholder base includes founders Bishr Bakheet and Khalid bin Abdulrahman Al-Mousa alongside external investors, and its board blends founding financial professionals with external industrial executives.

Yes. Al-Muather REIT invests in income-generating real estate within Saudi Arabia and distributes a minimum of 90% of net profits annually. The REIT is permitted to allocate a secondary portion to development projects, subject to a floor requirement that at least 75% of fund assets remain in developed, income-yielding properties at all times.

The firm creates special-purpose private equity funds targeting concentrated stakes and restructuring mandates, alongside discretionary managed portfolios that can hold equities, funds, bonds, sukuk, and deposits. There is no indication of third-party fund-of-fund commitments; the model leans on in-house product manufacturing.

Multiple products carry explicit Sharia screens. The Asool & Bakheet IPO Trading Fund (Sharia-Compliant) trades shares of newly listed companies that meet Islamic guidelines, and the discretionary portfolio and private-equity fund services can be structured to Sharia requirements.

The brokerage brand — Tadawul Asool & Bakheet — feeds directly into the firm’s in-house public-equity funds by providing a captive execution channel. Online and phone-based trading routes funnel retail and institutional flow into the Saudi main, IPO, and parallel-market funds, creating an integrated public-markets engine that many regional stand-alone fund managers lack.

Bishr bin Mohammed Bakheet is a board member and Chairman of Investment Funds at the firm. He founded Bakheet Financial Consultants in 1994 and Bakheet Investment Group in 2006, and previously served on the board of the Saudi Stock Exchange (Tadawul). He is a long-time media commentator on Saudi and Arab capital markets, frequently quoted by Reuters and Agence France-Presse.