Venture Capital

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Venture Capital Bank

Manama-based asset manager founded in 2005 bridging GCC venture capital and private equity through Shariah-compliant structures.

Venture Capital Bank logo

Venture Capital Bank

Esterad Bank is a Shari’ah-compliant investment bank specialising in alternative asset management, with a primary asset focus on income-yielding real estate and selective private equity. The Bank’s objective is to generate consistent returns with calculated risk from high-quality, rigorously-investigated, efficiently-structured and well-managed investment opportunities.

General information

Firm type

Venture Capital

Year founded

2005

AUM

Undisclosed

Location

Region

Middle East

Country

Bahrain

City

Manama

Corporate office

Manama, Bahrain

Principals

Abdullatif Janahi

Founding CEO

Sector focus

Venture CapitalPrivate EquityFinancial ServicesReal Estate

Frequently asked questions

Who runs investment decisions at Venture Capital Bank?

Abdullatif Janahi is the founding CEO and has chaired the investment committee since the bank's inception in 2005. Historically, key underwriting and portfolio monitoring responsibilities fell to a small internal investment team based in Manama, though granular details on the current investment committee membership are not available from public disclosures (per public record).

How does Venture Capital Bank source deal flow in the GCC?

VCB's sourcing relies on in-region principal networks, its status as a Central Bank of Bahrain-regulated wholesale bank, and its founders' long-standing ties to Gulf family offices and sovereign wealth affiliates. During its most active period in the late 2000s and early 2010s, the bank leveraged regional co-investor syndicates concentrated in Bahrain and the Eastern Province of Saudi Arabia (per public record).

Is the firm a venture capital fund or a bank?

Venture Capital Bank operates under an Islamic wholesale banking license from the Central Bank of Bahrain. Unlike a pure venture capital fund, a wholesale bank holds capital on its own balance sheet, accepts deposits from qualified institutional and high-net-worth clients, and deploys capital through a blend of proprietary investments and client co-investment vehicles (per the firm's regulatory filings).

What asset classes does Venture Capital Bank deploy into?

The bank's investment activities span early-stage venture capital, growth equity, real estate development — particularly in Bahrain and Saudi Arabia — and restructuring and turnaround situations. Its Shariah-compliant mandate means the firm avoids conventional debt instruments and sectors incompatible with Islamic finance principles (per Altss research).

Does Venture Capital Bank raise third-party capital or invest only its own balance sheet?

VCB has historically raised co-investment capital from regional institutional and high-net-worth investors, deploying alongside its proprietary balance sheet. This dual-track structure is a feature of its wholesale banking license rather than a conventional limited-partner fund model (per public record).

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