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Boubyan Ventures represents strategic investment activities by Boubyan Capital, the Sharia-compliant investment arm of Boubyan Bank, supporting early-stage and growth companies. It provides capital and guidance to promising ventures, integrating these efforts within Boubyan Capital's established offerings like asset management and brokerage. This initiative targets innovative businesses aligned with the group's ethical investment mandate.
Boubyan Capital was established in 2007 as the dedicated Sharia-compliant investment division of Boubyan Bank. This formation stemmed from an insight to extend Islamic financial principles beyond traditional banking into comprehensive, ethically-guided investment solutions. The goal was to foster economic development through responsible capital deployment, including supporting new business creation.
Boubyan Ventures serves innovative businesses, particularly technology-driven startups seeking Sharia-compliant funding and strategic support. By partnering with these emerging companies, it cultivates sustainable growth and contributes to the entrepreneurial ecosystem. Its vision centers on empowering new businesses while upholding strong ethical investment standards.
Boubyan Ventures has 1 tracked investment across 1 company. The latest tracked deal is $5.0M Pre-Series A in Spare in September 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 16, 2025 | Spare | $5.0M Pre-Series A | Omar Ardati | 500 Startups, Middle East Venture Partners, SEEDRA Ventures, Kais AL Essa |