A fully owned subsidiary of First Community Bank, FCB Capital is the first of its kind in Kenya and in the region to undertake Sharia compliant investment banking activities
Fully capitalized in line with CMA requirements, the FCB Capital plans to make a thrust into huge investment opportunities which are currently untapped by conventional methods of investment banking. The bank’s products and services will cover a wide range of Sharia compliant investment activities including the following:
a)    Capital Market activities through Islamic Bonds (Sukuk) and Sharia compliant stocks.
b)    Property Investment Funds including Real Estate Investment Trusts (REITs)
c)    Mutual funds including Equity Funds which will invest in Sharia compliant Kenyan and regional stocks;
d)    Project finance schemes
e)    Public-Private Partnership projects through the issuance of Sukuk (bonds) such as Municipality Sukuk, etc
f)    Leasing funds, based upon equipment leasing, large assets, property, and other fixed income generating assets;
g)    Structured Product Funds, such as trade finance portfolios;
h)    Venture Capital and Private Equity;
i)    Pension Products;
j)    Corporate Advisory
k)    Sharia Advisory.
“We are extremely delighted. This is yet another quick “first” for us and indeed a confirmation of our commitment to deliver value to the community and to our country” noted FCB’s CEO Mr. Nathif Adam.

“Through FCB Capital we aim to deliver a full choice of alternative investment opportunities, enabling Sharia compliant investors to construct balanced portfolios which can access a full range of asset classes”.
Through its business approach which works on an equity syndication model, the bank is confident it will play a pivotal role of directing profit-seeking capital to important niche investment opportunities. This, according to Mr. Adam, will particularly be suitable for important viable projects such as government and municipality supported projects which cannot be reached by state budget.

“Also through our links with the Islamic finance fraternity globally, we expect FCB Capital to be a new fund raising channel in the form of Foreign Direct Investment (FDI) with advantages of being reasonably priced and longer term financing suitable to infrastructure projects badly needed by our country” Mr. Adam noted.