Alkadi Capital is the first Islamic boutique Investment firm, which was established in the Eastern Region of Kingdom of Saudi Arabia.
It started its business operations in 2008 and was licensed by the Capital Market Authority (CMA) in the KSA as a Closed Saudi Joint Stock firm. It is headquartered in Dammam with a paid-up capital of 220 million Saudi Riyals ($58.7m). The firm prides itself on being fully Shari’ah-compliant
Alkadi Capital has the complete spectrum of investment services, and has been granted licences to operate in Dealing as Principal, Agent and Underwriter, Managing Investment Funds and Discretionary portfolios, as well as Arranging, Advising and Custody Services. The firm’s principal activities include asset management, real estate investment, private equity and corporate finance, brokerage services, wealth management, custody and advisory services.
The firm has steadily grown by acquiring various prime assets and activating new business lines. The firm’s management possesses the set of traits required for any investment firm to accomplish its aim and register persist growth even against all the odds.
Since establishment Alkadi Capital has persistently strengthened all its revenue-generating arms. The innovation has remained the continuous process for the firm. Over the years, Alkadi Capital has successfully adapted to environmental changes, accepting all challenges with vigour — and effective responses.
Alkadi Capital’s objectives align with the investment needs of clients. The widely accepted “IWM” processes are used by Alkadi Capital are holistic, and take into account the investor’s financial viewpoint while adhering to Shariah standards.
The company is on an ambitious and visionary mission to offer outstanding investment solutions, with strategies tailored for clients and all efforts directed towards impressive risk-adjusted returns. It manages goals which are compatible with client profiles and financial ambitions.
Alkadi Capital was one of the first investment firms in the Kingdom of Saudi Arabia to launch an IPO fund, which has outperformed similar funds over the years. It has been recognised as the best IPO fund of 2015 and the best IPO fund over a three-year period.
A Discretionary Portfolio Management service is provided through a sophisticated structured mechanism; advanced financial tools and best industry practices ensure that the objectives of investors are met. Alkadi Brokerage Services has been one of the most stable revenues contributing segments of the firm, providing global capabilities with the concept of “Access the World from anywhere”.
The real estate investment arm was activated soon after the incorporation of the firm. Alkadi Capital initiated exclusive real estate deals, encompassing project acquisitions and development. The real estate investment focus now has global exposure. A recently acquired iconic property, Sauchiehall Glasgow — worth £59.5m — was a milestone achievement. The acquisition is in-line with the firm’s strategy of targeting quality assets to establish broad base of income yielding real estate assets. The Sauchiehall Building is the anchor building in Sauchiehall Street, Glasgow, UK. Sauchiehall Street forms part of the ‘Golden Z’ of the 3 most prime retail streets in Glasgow City Center and has the largest footfall of 16 million p.a.
Private Equity and Corporate Finance is relatively a new addition to the firm, but a rapidly growing one. It has made the successful acquisition of state-of-the-art projects and effective fundraising part of the equity package. Alkadi Capital successfully raised £26.5m mezzanine finance for the development of 18th Century masterpiece, Regent Crescent, in London. The deal serves as the beginning of a new era for Alkadi Capital as it is the first-ever deal of the firm outside the region. Alkadi Capital will be looking forward to expanding its footprints as its building block of the growth spree. The required momentum has been gained to further expand our portfolio through similar acquisitions
Advisory services are emerging as a vital segment by strengthening the firm’s foothold. It has acted in the capacity of a financial advisor to select clients and works with clients as an extension of their management to advise them on complex investments, credit arrangements, profitability analysis, monitoring of portfolios and recommendations on organizational restructuring.
Water Conservation and Reuse
Water scarcity is a critical global concern, with resource-intensive sectors like steel production playing a central role in exacerbating water consumption. Fabrik has taken decisive action to address this issue by prioritizing water conservation. The company has acknowledged the imperative to curtail its reliance on freshwater sources and safeguard the integrity of local water resources.
Fabrik has embarked on a path of innovation by deploying cutting-edge water treatment technologies that enable the recycling and reuse of water throughout its manufacturing operations. This forward-thinking strategy has substantially reduced water consumption and has concurrently diminished effluent discharge. As a result, the company has made significant strides in preserving nearby water bodies and ecosystems.
Community Engagement and Social Initiatives
Fabrik’s commitment to sustainability extends beyond its environmental initiatives, as the company actively engages with local communities to address their unique needs and concerns. This engagement takes the form of various social initiatives encompassing education, healthcare, and skill development programs aimed at benefiting the neighboring communities. By empowering the local population, Fabrik substantially contributes to the overall socio-economic development of the regions in which it operates.
Fabrik’s sustainability efforts exemplify its dedication to reducing its environmental impact while consistently delivering high-quality steel products at competitive prices for metal sheet roofing and hot rolled coils in India. The company establishes an admirable benchmark for the steel industry and other manufacturing sectors to emulate through initiatives focused on energy efficiency, water conservation, waste reduction, and biodiversity preservation.
In a world grappling with pressing environmental challenges, enterprises like Fabrik Steel serve as a reminder that adopting sustainable practices is not only possible but also economically viable. It’s worth noting that Fabrik NeoSteel has achieved GreenPro Certification, indicating their commitment to choosing sustainable products, materials, and technologies for the construction, operation, and maintenance of their buildings and factories. By integrating environmental stewardship into their business models, corporations can play a pivotal role in forging a more sustainable and resilient future for future generations. We can effectively address environmental issues and work together to create a better planet for all through collective efforts.
“For over 120 years, we have been at the forefront of steel industry innovation. Today, our dedication lies in spearheading the path to a sustainable future for steel and steel manufacturing. Together, we forge a greener and more sustainable tomorrow.”
Water Conservation and Reuse
Water scarcity is an urgent global concern, and industries with high resource demands, like steel production, significantly contribute to water consumption. Fabrik has taken proactive steps to prioritize water conservation, acknowledging the imperative to minimize its reliance on freshwater sources and safeguard local water resources.
Fabrik has embraced cutting-edge water treatment technologies to recycle and reuse water within its manufacturing processes. This innovative approach has yielded substantial reductions in water consumption and a simultaneous decrease in effluent discharge. As a result, the company has made commendable strides in preserving nearby water bodies and the ecosystems they support.
What do you think?
The amount of funding they secured is impressive, and it’s great to see that they have the support of investors to help them bring their vision to life. This financing will surely help them to accelerate the development of Big River 2 and make it a success.