Our History

Since 1999 Rasmala has developed a reputation for innovation and thought leadership. Since its foundation Rasmala has been one of the Gulf region’s most dynamic investment companies. Reflective of the times, Rasmala has played a central role in the development of regional capital markets and institutional investment activity and has helped bring prosperity to the region.


Rasmala establishes fund management business.


Deutsche Bank becomes founding shareholder.


Rasmala Buyout Fund LP acquires Nasdaq listed Aramex International.


Rasmala moves its Holding company from Bermuda to the Dubai International Financial Centre (DIFC).


Rasmala receives license from Dubai Financial Services Authority (DFSA).
Rasmala establishes Capital Markets business.

Rasmala launches Arabian Markets Growth Equity Fund.


Rasmala acquires Delta Group in Egypt; Delta Asset Management was formerly part of ABN Amro Bank.


Rasmala wins ‘Best New Fund’ award at Hedge Funds World conference.


Rasmala wins ‘Fixed Income Fund of the Year’ at MENA Fund Manager Performance Awards.


Rasmala wins ‘GTM/EGX Best Asset Management Firm in Egypt’.


London-listed EIIB acquires strategic stake in Rasmala.

Rasmala launches Global Sukuk Fund.


Rasmala launches GCC Equity Fund.

‘European Deal of the Year’ for structuring and placing USD100 million FWU Sukuk Al-Wakala Programme.


Final closing of Rasmala Leasing Fund 1.

Key funds re-domiciled from Cayman Islands to Luxembourg UCITS platform.

Rasmala announces plan to establish and expand Alternatives business.

Rasmala launches Trade Finance Fund, an alternative income generating investment solution.

Rasmala awarded Best Sharia’ Fund Manager of the Year 2014 by the Global Investor/ISF.

Rasmala increases shareholding in Rasmala Egypt from 51% to 100%.


Initial closing of the Rasmala Leasing Fund 2.

Rasmala announces plans to establish and expand Real Estate business.

Rasmala wins ‘Regional Fixed Income Manager of the year’ and ‘Equities Manager of the Year’ 2015 in Global Investor /ISF awards.

Rasmala adopted as brand for the group to reflect business integration and strategic direction; EIIB changes name to Rasmala.


Rasmala closes it’s first UAE real estate transaction for USD 75 million.

Rasmala wins ‘UAE Asset Manager of the Year 2016’ by Global Investor/ ISF awards.

Rasmala aquires a controlling stake in Orchard Apartments Limited.

Rasmala acquires Abbvie House, Maidenhead for GBP 24.43 million.


Rasmala closes it’s largest UK real estate transaction to date for GBP 54 million , a logistics facility let to Amazon.

Rasmala closes its second UAE real estate transaction for USD 63 million.

Rasmala acquires portfolio of German Logistics assets for EUR 154 million, let to Amazon and Decathlon.


Rasmala launches an international real estate fund, Rasmala Long Income Fund.


Rasmala closes two Dutch real estate transaction let to DuPont and Timberland, amounting to EUR 82 million