DEBT INVESTMENTS

Over 11 years of experience in debt investments across multiple sectors,
loan types and structures

Introduction to Debt

SHUAA’s debt platform’s investment focus is centred around providing alternative sources of capital to regional corporates and asset owners.

For borrowers, we seek to provide a quick and more flexible alternative to banks and for investors we provide a collateralised investment with downside protection and stable cash returns.

Since 2011, we have deployed over USD 490 million across various credit transactions, returned USD 209 million in principal, and distributed in excess of USD 82 million in profit payments generating an average realised return of 15.0% Most recently, we launched SHUAA Financing.

Opportunities Fund – a dedicated fund focused on private Islamic financing investments in the GCC to build on our track record.

Strategies

Asset backed and real estate financing

Venture Debt

Non-performing loans and distressed opportunities

Growth and expansion financing

Private Debt

Senior Secured Debt

Lucy

Last-mile financing for residential twin towers in Dubai Sports City

USD 30,000,000

Onyx

Recapitalisation of an under construction residential asset in Al Sufouh, Dubai

USD 20,000,000

Pacific

Corporate facility secured against multiple properties in Bahrain and the UAE

USD 35,000,000

Lina

Last-mile funding for Balqis Residences on the Palm Jumeirah

USD 22,000,000

Saxon

Dividend recapitalisation for a completed residential asset in JVC

USD 16,000,000

Omega

Completion financing for residential tower in Dubai Culture Village

USD 16,000,000

Private Debt

Mezzanine & Subordinated Debt

Regal

Subordinated financing against hospitality asset on the Palm Jumeirah

USD 20,000,000

Tigris

Interim financing, residential led mixed-use project in Bahrain Financial Harbour

USD 25,000,000

Bentley

Dividend recapitalisation on a completed hotel in Jumeirah Lake Towers

USD 12,000,000

Verne

Subordinated construction finance to complete the Taj Hotel in Downtown Dubai

USD 14,000,000

Apex

Interim financing, mixed-used development in Dubai Marina

USD 11,000,000

Hyde Park

Corporate loan to a UK developer secured
against project profits

GBP 9,000,000

SHUAA Financing Opportunities Fund

The Fund’s objective is to generate high cash income, whilst preserving capital primarily through investing in direct Shari’ah compliant financings, mezzanine financing and other debt-like instruments.

SHUAA successfully completed the first close of the fund in Sept 2020 with c. USD 70 million of commitments, and targeting a final close of USD 150 million in Q3 2021.

The global private credit market is expected to reach USD 1 trillion by 2021. The growing demand from corporates and developers in the GCC, coupled with limited investment managers and institutions providing alternative capital, provides a unique opportunity for the Fund to have access to substantial deal flow at attractive risk adjusted returns.

Cayman Fund Domicile
Private Debt Asset class
Sharia Complaint Fund Approach Income Yield and Capital Preservation
GCC Geographic
USD 150 million Target size