"Rasameel" aims to list its shares on the stock exchange within 3 years - We are studying expanding our geographical footprint in the GCC markets, especially in Saudi Arabia.
The Executive Vice President of Rasameel Investment Company, Dakhil Al-Dakhil, stated that the company plans to list its shares on Boursa Kuwait in the next three years, adding that its total Assets under Management (AUM) currently stand at USD 0.5 billion.
He pointed out that " Rasameel" aims to double its AUM to about USD 1 billion by the time of listing, noting that it is keeping an eye on the stock exchange’s performance to exploit any available opportunities and enhance the performance of its diversified portfolios.
Al-Dakhil praised the various measures taken by the authorities in the Stock Exchange and the Capital Markets Authority (CMA) to enhance trading in the local market, and to attract more local and international investors to Kuwait. Those efforts increased local liquidity, which is relatively low when compared to its peers in the GCC. He believed that the measures taken by the Stock Exchange and CMA were headed in the right direction as they aimed at promoting investment tools in the local market, including margin trades or trading rights issue, among other arrangements that would increase market liquidity, adding that introducing more investment solutions bodes well for professional investors who can achieve gains in several ways, ultimately leading to increased liquidity and adding to the market’s depth.
He expressed Rasameel’s enthusiasm to provide the opportunity for Exchange Traded Funds (ETFs) to be introduced as an investment tool along with Real Estate Investment Funds (REITs). He expects that there will be a greater role for investment companies to play going forward after their absence for over 14 years since the global financial crisis, especially after CMA’s amendments to its regulations and the recent changes in collective investment regulations approved by the end of 2021.

Family companies
Al-Dakhil added that listing family companies in the stock market is an ideal option and is considered a natural development for these companies, same as the practices in other countries all over the world. This step enables the companies to expand their activities, prepare future leaders from within the company or outside family members, obtain more liquidity, and implement many projects, highlighting that they recently had many options available to the owners to choose the type of activity they prefer.  

Best Returns
Al-Dakhil indicated that the company is studying many investment opportunities and continues to seek the best returns for its investors, pointing out that its main focus is on the US and global markets. He revealed that the company is currently studying expansion in the GCC markets, especially in Saudi Arabia, one of the largest markets in the region.
He also indicated that the recently launched "Rasameel Disruptive Technologies Fund" aims to invest in innovative global companies that are developing technologies that will disrupt the status quo, in a way that helps enhance their business and achieve the best returns for its investors.

"Rasameel Disruptive Technologies Fund"
Al-Dakhil confirmed that “Rasameel Investments” is a driving force of the local economy and financial system, noting that its main focus is investing in global markets, given the market’s urgent need for such vehicles and the absence of investment tools that are compatible with Islamic Shariah. He added that technological advancement made the world smaller, and funds are easily moving across continents in search of opportunities and liquidity, explaining that "Rasameel" decided from the beginning to be part of the global economy, connecting local investors who seek to seize the best investment opportunities. around the world.
Al-Dakhil stated that "Rasameel" is interested in investing in local start-up companies, with expansion potential across the region, as the company continually supports prominent entrepreneurs, in addition to achieving high profits that are risk adjusted to its tolerance. 
He revealed that Rasameel's message has always been to have a prominent position in the global markets and to carry out its Shariah compliant activities. The company believes in technological development and the investment opportunities it creates, like electric cars for instance and the major changes that resulted thereafter. The company has supported creating a portfolio that invest in this field since 2016.

He stated that Rasameel Disruptive Technologies Fund is based on that idea. Besides electric cars, there are other disruptive technologies that are on the verge of achieving breakthroughs in other sectors including health care, transportation, energy, financial transactions, robotics, and artificial intelligence.
He said that the fund’s managing board members are Abdul-Mohsen Al-Gharaballi and Abdul-Aziz Al-Muraikhi, and that a copy of the prospectus and the Fund’s Articles of Association are available at the company’s headquarters in Safat Market, third floor, noting that this content was prepared for promotional purposes to the company’s best efforts with no misleading statements or omissions, adding that past performance does not guarantee future results.  
He added that the investor should seek professional advice from a financial advisor, as the investment may pose capital risks.