Judan Financial: IHC's AI-enabled platform consolidates AED 870bn+ AuM across 20+ companies
IHC plans to launch Judan Financial Holding as a unified platform for its financial services portfolio across banking, insurance, asset management, NBFIs and fintech. The platform is expected to oversee more than AED 870 billion in assets under management, serve 11 million+ clients across 13+ countries, and target an approximate valuation of AED 100 billion.
Judan will raise third-party institutional capital, giving global investors access to a scaled, diversified financial services group. Despite its size, the company will remain private to preserve flexibility in deal-making, capital allocation and integration.
Ownership and leadership
Judan Financial will be jointly owned by IHC and subsidiaries Alpha Dhabi Holding, 2PointZero Group and Sirius International Holding, with each contributing strategic assets subject to regulatory approvals. The mandate is clear: consolidate, professionalize, and scale over the next five years through disciplined capital deployment and technology-led integration.
The platform will be chaired by H.H. Sheikh Tahnoon bin Zayed Al Nahyan. H.E. Mohamed Hassan Alsuwaidi will serve as Vice Chairman, Managing Director and CEO. As stated, Judan is built on strong governance, long-term capital and differentiated platforms, with the goal of sustained growth and long-term value creation across international markets.
Portfolio at a glance (subject to regulatory approvals)
The portfolio will span more than 20 operating companies with multi-billion-dirham revenues from day one. Below is an indicative list of current equity interests expected to transfer in phases.
Banking
- Wio Bank PJSC (UAE) - digital bank serving retail and business clients.
- Reem Finance PJSC (UAE) - Shariah-compliant financing; expected to be renamed Reem Community Bank by Q2 2026.
- First Women Bank Limited (Pakistan) - focused on financial inclusion and entrepreneurship.
- Mirabank AD Belgrade (Serbia) - commercial bank serving CEE clients.
- Lulo Bank S.A. (Colombia) - fully digital bank for consumer and SME banking.
Wealth and asset management
- Chimera Investment LLC (UAE) - alternatives across private equity, credit and structured investments.
- Lunate Capital LLC (UAE) - strategies across public equities, private markets and long-term themes.
- IHC West Investments LLC (UAE) - technology and growth investments alongside Alpha Wave Ventures.
- West Investments Holding (UAE) - minority stakes in leading global companies, including SpaceX (USA) and Haldiram's (India).
Insurance and reinsurance
- Shory Technology LTD (UAE & KSA) - InsurTech with digital distribution across health, motor, home, pet and more.
- RIQ Re LTD (UAE) - AI-enabled reinsurance with data-driven underwriting. Learn more about AI-enabled underwriting and InsurTech approaches: AI for Insurance.
Non-bank financial institutions (NBFIs)
- International Securities LLC (UAE) - brokerage and capital markets platform.
- Beltone Holding SAE (Egypt) - investment bank offering brokerage, asset management, private credit, VC and NBFI lending.
- Baobab Group SAS (France) - microfinance for SMEs and micro-enterprises across emerging markets.
- Sammaan Capital Limited (India) - structured mortgage lending solutions.
Fintech and technology-led platforms
- Finstreet Limited (UAE) - regulated venue for trading private and public securities.
- Comera Pay LLC (UAE) - regulated payments platform.
- Stablecoin DDSC (UAE) - dirham-backed stablecoin for institutional payments, settlement, treasury and trade flows.
- FirstTech Group SVP RSC LTD (UAE) - builds and scales regulated, platform-led businesses.
- SlashData Ltd (UAE) - GovTech infrastructure connecting public and private sectors.
- Nexes (UAE) - AI and data platform for analytics and automation across the portfolio.
- Nyrah (UAE) - InsurTech serving 1M+ customers, expanding internationally.
- Finwall (UAE) - fintech infrastructure across banking, lending, payments, embedded finance and core systems.
- Zelo (UAE) - embedded finance for SME early payments and financing.
Scale, capital and execution
Judan will aggregate AuM/AuA from asset and wealth managers alongside on-balance-sheet assets in banking, insurance and NBFIs. The growth plan blends organic expansion, strategic acquisitions in high-growth markets and new digital, data-driven products. Leaders will need effective governance and strategic direction when integrating AI and data at scale - see AI for Executives & Strategy.
The platform has secured an initial cohort of institutional and strategic investors and intends to build long-term partnerships with sovereigns, pensions, insurers and family offices. Transaction sequencing and asset transfers will proceed in phases, subject to regulatory approvals and customary conditions across jurisdictions.
Why this matters for finance professionals
- A single entry point to diversified exposure across banking, alternatives, re/insurance, brokerage, payments and embedded finance spanning MENA, Africa, Asia, Europe and the Americas.
- Co-investment and partnership potential across digital banks, reinsurance, microfinance and fintech infrastructure.
- AI and data unification (via Nexes) can tighten underwriting, improve risk-adjusted returns and compress operating costs across portfolio companies - see AI for Finance.
- Dirham-backed stablecoin (DDSC) signals practical rails for settlements and treasury operations in AED.
- Private structure with institutional capital supports faster decision cycles than typical listed holdcos.
What to watch
- Regulatory approvals and the pace of phased asset transfers.
- Reem Finance's transition to Reem Community Bank by Q2 2026.
- Institutional fundraising rounds and any sidecar or co-invest structures.
- Integration milestones: shared data layer adoption and cross-sell across banking, brokerage and insurance.
For company background, visit International Holding Company (IHC). For practical ways to bring AI into your finance workflow, explore Complete AI Training's resources.
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