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Our Shareholders

Ijmal was founded by a group of institutional investors who combine local experience and global expertise to deliver new standards of excellence in real estate development to Saudi Arabia.

The following is a brief description of each of the shareholders:


Bank Nizwa:


Licensed by the Central Bank of Oman in 2012 as Oman's first Islamic bank, with fully Shari'a compliant products and services, Bank Nizwa provides a full range of banking products and services to the Omani market.

Al Othaim Group:


Founded in 1956, Al Othaim Holding is a leading owner and operator of supermarkets, hypermarkets and convenience stores across the Kingdom


The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral organization affiliated with the Islamic Development Bank Group. ICD finances projects that are specifically geared to creating employment opportunities and boosting exports. Furthermore, ICD mobilizes additional resources for projects and encourages the development of Islamic financing and capital markets.

Jawahir Investment Co:


An affiliate company with Al Deghaither Family group of companies, a leading group in real estate and high-end retail brands that developed iconic real estate projects in the Riyadh City.

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