Bahrain Mumtalakat Holding Company B.S.C. (Mumtalakat) is the sovereign wealth fund of the Kingdom of Bahrain.[1] It was established by Royal Decree in 2006 and is wholly owned by the Government.[2] Mumtalakat actively sought investment opportunities locally, regionally and internationally.
In December 2024, according to the Sovereign Wealth Fund Institute, the fund has nearly $17.6 billion in assets under management.[3]
Mumtalakat invests in assets unrelated to either oil or gas across different sectors including education, aviation, healthcare, consumer and financial services, industrial manufacturing, real estate, tourism and logistics.[4] From its inception in 2006, Mumtalakat initially pursued investments primarily in Bahrain, with just 3% apportioned abroad; in 2019, that figure rose to 30%,[5]