A platform built for two cities, and nowhere else.
Holy Cities Capital exists to give Muslim institutions and private wealth a professional, Shariah-compliant route into the property markets of Makkah and Madinah.
Investing in the people, places and potential of two holy cities.
Holy Cities Capital will invest in high quality income generating assets and development projects in Makkah and Madinah, providing Muslim institutions and HNWI with access to the world’s most resilient and in-demand property markets.
Focused markets
Makkah and Madinah
Quality investments
Income generating assets and development projects.
Trusted partnership
For Muslim institutions and HNWI globally.
VISION
Five commitments we are building against
Build the largest institutional real estate platform in Makkah and Madinah.
Become the gateway for global capital into the holy cities.
Scale into a multi-billion dollar Shariah-compliant real estate fund.
Mobilise institutional capital across the Muslim world — Malaysia, Indonesia, Turkey, India and Pakistan — and HNW capital from the UK and US.
Define and institutionalise the pilgrimage economy as a global real estate asset class.
Four stages, in the same order every time.
A disciplined process, from identifying land to reporting performance.
Origination
Land is identified and title cleared inside the walking radius, before capital is collected.
Underwriting
Demand, capacity and construction risk modelled asset by asset, not market wide.
Operations
Institutional operations applied on long-term management agreements.
Reporting
Quarterly NAV, occupancy and distribution reporting to every partner.
OUR Team
Experienced leadership, driving a global village.
Name
Designation
Name
Designation
Name
Designation
Shariah compliance, held as a standard rather than a label.
Structure
Shariah-compliant vehicles, reviewed before each commitment is made.
Oversight
Independent Shariah board and external audit — details to be confirmed.
Reporting
Quarterly investor reporting with annual audited accounts.