Musharaka Capital completes offering to Placement initiates operation of Al-Haram View Fund with expected investment size of SAR 1.5B

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Musharaka Capital, a leading asset management company, completed the offering to Placement and initiated the operation of the Al-Haram View Fund, with an expected investment size of SAR 1.5 billion.

The fund is built on a strategic investment vision aimed at generating attractive medium- and long-term capital returns through the development of a major real estate project—including residential, commercial, and hospitality components—in one of the most prominent areas of Makkah. The move contributes to strengthening the real estate sector in the holy city and supports the Kingdom’s efforts to enhance the capacity for hosting pilgrims.

The company also signed a Shariah-compliant bank facility agreement valued at over SAR 687 million with Al Rajhi Bank, to finance the closed-ended Al-Haram View Fund. The project is located in the Jabal Omar development in Makkah, one of the most significant modern projects in the central area adjacent to the Holy Mosque.

These strategic initiatives reflect the strong confidence placed in Musharaka Capital by both the banking sector and investors. They also highlight the company’s efficiency in real estate asset management and ambitious vision to expand its presence in the Saudi real estate market—particularly in strategically significant locations—to support Saudi Vision 2030 objectives.

Musharaka Capital, licensed by the Capital Market Authority (license No. 27-13169) since 2013, is recognized as one of the leading national firms in asset management, investment banking, and brokerage services. The company operates with a promising vision to become the preferred partner for investment management, delivering tailored investment banking solutions and innovative financial services that meet diverse needs and aspirations.