Fawzaan Capital

Non-interest capital, professionally managed.

Fawzaan Capital is a licensed non-interest fund and portfolio management company. We manage funds and segregated portfolios entirely without interest instruments — and through our licensed venture arm, we back founders early on genuine risk-sharing terms.

What We Do

One company, two licensed mandates.

A fund and portfolio management licence for managing client capital, and a venture capital licence for backing founders — run side by side under one compliance discipline.

Fund management

Pooled, non-interest funds built from sukuk, Shariah-screened equities, and real assets — professionally managed and independently reviewed.

Portfolio management

Segregated portfolios for individuals, families, and institutions — discretionary or advisory, constructed entirely without interest instruments.

The venture arm

Our licensed venture capital mandate: early positions alongside founders on musharakah- and mudarabah-style terms, with no riba anywhere in the stack.

How We Invest

Underwrite slowly. Hold calmly.

Non-interest by structure. No interest instruments, no interest-based leverage, no impermissible sectors — screened at entry and reviewed independently.
Concentration over collection. A small number of positions we understand deeply beats a long list we don't.
Alignment before terms. We invest with operators whose incentives, ethics, and horizons match ours.
No forced exits. Our capital has no fund clock. We sell when it is right, not when a vintage expires.

The Venture Arm

What we back — and what we won't.

The venture arm operates as a licensed VC mandate within Fawzaan Capital. Ethical is not a marketing adjective here; it is an investment screen applied before we ever discuss terms.

We look for

Founders with skin in the game building for a decade, not for the next round.
Halal by design — business models that are permissible at the core, not retrofitted with a certificate.
Honest unit economics that work without subsidy theatre or blitz-growth burn.
Products that leave users better off — things we would be proud to have our name behind.

We walk away from

Riba-based models — interest-bearing lending, however it is dressed up.
Impermissible sectors — gambling, alcohol, and their adjacent economies.
Addiction-optimised engagement and exploitative data practices.
Growth that depends on harm — to users, workers, or communities.

Portfolio Shape

An illustrative non-interest allocation.

Indicative of how we think about balance across a managed mandate — not a report of current holdings, and not investment advice.

Sukuk & non-interest income 35%

Shariah-screened equities 30%

Real assets 20%

Venture arm allocations 15%

Placing a portfolio, or building something worth backing?

Whether you are an individual or institution seeking non-interest management, or a founder raising on ethical terms — we should talk.

Contact Fawzaan Capital