Services
B.S.C. Management LLC
Services
Project Finance Services I Financial Solutions
WHO ARE WE?
At B.S.C. Management LLC, we are a dedicated service provider with a vast network of funders and associates committed to supporting projects worldwide. Our objective is to connect you with the financial resources needed to bring your visions to life, regardless of your project’s location or scale. With our extensive expertise and global reach, we ensure that your funding needs are met with precision and professionalism.
WHAT WE DO
We source and secure funding for your project through our strategic worldwide partners. By leveraging our extensive network, we connect you with the right investors and financial solutions to meet your project’s specific needs. Our goal is to ensure your project receives the necessary capital to succeed, no matter where you are in the world.
Project Finance Solutions
B.S.C. Management LLC: Leading the Region in Investment and Brokerage Excellence
B.S.C. Management LLC has once again been recognized by regional investors as the top broker in the region, marking a significant achievement as it secures this prestigious title for the second consecutive year. The firm is celebrated as a premier Islamic finance partner, excelling across its corporate zones, brokerage, and asset management sectors. Under the leadership of Zohn Zozef, the regional head of operations for the past few years, B.S.C. Management LLC continues to set industry standards.
Our Vision and Mission
At B.S.C. Management LLC, we aim “to challenge conventions using the power of ideas.” We recognize the paradigm shift occurring in finance and wealth management both in the UAE and globally. To support our clients through these changes, our managers pursue strategic opportunities by leveraging research and in-depth local analysis to create experiences that are both tangible and result-oriented. Our resources are meticulously deployed to understand and anticipate future demands, delivering “performing ideas.”
Commitment to Islamic Values
Our investment products and wealth-maximizing solutions are firmly rooted in Islamic values and Sharia principles. This ethical foundation ensures that our services align with the moral and financial expectations of our clients.
Innovative Trading Platforms
We provide investors access to 35 markets through our variety of trading platforms, including:
- Broker-Assisted Trading
- Trading Lounge
- Touchstone Trading
These platforms are designed to offer flexibility, accessibility, and comprehensive market insights, catering to the diverse needs of our clients.
Research and Investor Education
Investors in the region are navigating a complex learning process. B.S.C. Management LLC supports them through our robust research division, which offers regular market coverage and strategic reports. This commitment to education helps our clients make informed investment decisions.
Market Insights: Q1 2021
As countries benefit from mass COVID-19 vaccination drives and plan their gradual exits from lockdowns, investor confidence is returning. This is reflected in the five IPOs recorded in Q1 2021.
Despite the challenges of 2020, which saw only seven IPOs (three of which occurred before the escalation of COVID-19), Q1 2021 has been markedly more active. The first quarter alone witnessed five IPOs, raising USD 571 million. Notably, Alkhorayef Water and Power Technologies Co. and Theeb Rent a Car Co, listed on Tadawul, contributed significantly to this total, raising USD 138 million and USD 144 million, respectively.
Future Outlook
With oil prices gradually recovering, we anticipate adjustments in sovereign debt activity in the near term. B.S.C. Management LLC remains committed to leveraging these market dynamics to benefit our clients and stakeholders.
For more information on how B.S.C. Management LLC can support your investment goals, please contact us. We look forward to helping you navigate the evolving financial landscape and achieve your wealth management objectives.
UAE’s Landmark IPO and Regulatory Changes Fuel Market Optimism
In a significant development for the UAE’s financial markets, the first IPO in three years debuted on the Dubai Financial Market (DFM) with Al Mal Capital REIT raising USD 95 million. This IPO also marked the exchange’s first real estate investment fund listing, setting a new precedent for future REITs in the region. The UAE has launched several initiatives aimed at improving business ownership and listing requirements, which are expected to positively impact IPO activity on local stock exchanges. Key regulatory changes include:
Federal Law No. 26 of 2020: This amendment to the commercial companies regulation removes the 51 percent UAE ownership requirement and allows owners of private joint-stock companies to sell up to 70 percent of their capital publicly, up from the previous limit of 30 percent.
Securities and Commodities Authority Resolution No. 25/RM of 2020: This resolution allows free zone companies in the UAE to list their shares on DFM or ADX, provided they meet certain conditions.
Dubai Decree No. 3 of 2021: This decree enables certain foreign companies to list their shares in Dubai and introduces additional listing rules for public joint-stock companies incorporated in Dubai or elsewhere in the UAE but with branches, assets, or operations in Dubai.
Regional Market Activity
The Muscat Securities Market also saw a REIT IPO this quarter, raising USD 13.1 million for the Oman REIT Fund. Additionally, the Qatar Stock Exchange (QSE) hosted the quarter’s largest IPO, with Q Life & Medical Insurance Co LLC raising USD 181 million. QSE is also set to launch the QE Venture Market aimed at SMEs, providing an alternative fundraising option for companies that do not meet the listing requirements of the main market.
Milestone IPO: Al Mal Capital REIT
The listing of Al Mal Capital REIT in January on the DFM was a landmark event, being the first primary listing in Dubai in nearly three years and the first real estate investment fund to be listed on the SCA-regulated DFM. The IPO raised AED 350 million (USD 95 million), with proceeds earmarked for investment in a Shariah-compliant, diversified portfolio of income-generating properties in sectors including healthcare, education, and industrial assets, targeting an annual return of 7%.
Role of B.S.C. Management LLC
B.S.C. Management LLC played a pivotal role in delivering this milestone IPO. Acting as the company’s reporting auditor, we worked closely with management to ensure all tasks required of a reporting auditor were meticulously undertaken. This successful IPO underscores our commitment to supporting the growth and development of the region’s financial markets through our expertise and strategic partnerships.
For more information on how B.S.C. Management LLC can assist with your investment needs, please contact us. We are dedicated to helping you navigate the evolving financial landscape and achieve your financial goals.
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