Real Assets.
Ethical Capital.
The Malta fund of Safa Global, being established to back real companies and real assets: a limited partner in the Excellence Fund, its own real estate and commodities, and two planned instruments, STAC and the Sukuk Programme.
Nothing is offered today. Any future offering will be limited to eligible investors in jurisdictions where it is lawful.
The architecture
How it fits together →Safa Global in four moves
Companies first. Capital around them. Checks on both.
Most finance groups raise money, then look for something to own. Safa Global did it the other way round: the companies came first, the capital structure is being built around them, and people who do not run either will check both.
01Build
We build companies.
Safa Global Ventures, the group’s venture capital company (a S.A.P.I. de C.V. in formation in Mexico), is general partner of the Excellence Fund: thirteen operating companies across eight verticals, already serving customers.
Meet the companies →02Back
We back real assets.
Safa Global Capital, the group’s Malta fund (in formation), invests in the Excellence Fund as a limited partner, holds its own real estate and commodities, and is the planned home of STAC and the Sukuk Programme. SGV does not manage it.
What SGC will hold →03Check
Someone independent checks.
The Safa Global Foundation, being established in the Qatar Financial Centre, appoints and receives the independent auditors and the adviser on ethical and Islamic financial regulation. It owns, runs and sells nothing, and never audits itself.
The Foundation →04Gather
People hold it together.
Maison Safa, the global house of Safa, gathers the community in global cities. It is a membership kept apart from every product: no right, priority or allocation in any offering.
Maison Safa ↗
How the capital is meant to flow
All entities in formationLimited partners
Angels, families and institutions, by private placement and invitation
Safa Global Capital
The Malta fund, as a limited partner
The Excellence Fund
Safa Global Ventures as general partner, with its own capital in the same companies
13 operating companies
Commerce, Consumer, Technology, Energy, Education, Real Estate, Health, Sustainability
Also held by SGC
Residential and mixed-use real estate (candidates under study) and commodities
Checked by the Foundation
Independent auditors and an independent adviser, appointed outside management
The thesis
Real assets, checked by people who do not run them.
Money should touch something real. Every instrument Safa Global designs is meant to represent identified, valued assets: a company with customers, a building with title, a commodity that can be counted. If it cannot be pointed to, it does not belong in the structure.
We built before we financed. The thirteen companies of the Excellence Fund were operating before any capital-markets product was designed. The products are being shaped around what already works, not the other way round.
Partnership, not interest. Structures are designed with reference to ethical and Islamic financial regulation and to AAOIFI standards. Returns are meant to come from sharing in the profit and the loss of real activity, through agency (Wakalah) and asset-backed (Sukuk) structures, never from lending at interest.
Commitments only count if someone independent checks them. The Safa Global Foundation, being established in the Qatar Financial Centre, will appoint the independent auditors and the adviser on ethical and Islamic financial regulation, and it never audits itself. Because nothing is offered today, we can promise the order of things: documents and independent review first, money after.
- 01
Real assets
Identified, valued and audited. No synthetic exposure, no fractional fiction.
- 02
Built before financed
The companies came first. Each product is structured around businesses and assets that already exist.
- 03
Partnership, not interest
Profit and loss follow the underlying asset, through Wakalah and Sukuk structures designed with reference to AAOIFI Standards 17 and 23.
- 04
Checked by outsiders
The auditors and the adviser answer to the Foundation, not to the people they check.
- 05
Documents before money
The paper, the independent review and the risks are published before anyone is asked to commit.
- 06
Same side of the table
The general partner invests in the companies it asks its partners to back. Gains and losses are shared.
- 07
A ten-year horizon
2026 to 2036. Built to compound, not to flip: no engineered exits, no roll-ups, no short-term acquirers.
- 08
One standard, four parts
Ventures, Capital, the Foundation and Maison keep separate governance under one set of principles.
- Issue interest-bearing instruments.
- Sell exposure to something we cannot point to.
- Back activities excluded under ethical and Islamic financial regulation, such as gambling or interest-based lending.
- Promise a return or guarantee capital.
- Market a headline valuation.
- Take money before the documents and the independent review are published.
- Engineer an exit for the sake of a quarter.
What exists today
Not a pipeline. A portfolio that already works.
Real companies in real markets, with customers, before any instrument exists. The entities that will hold and check them are in formation; the companies are not waiting.
- 13
- Operating Companies
- Across 8 verticals in the Excellence Fund
- 8
- Verticals
- Commerce to Sustainability
- 5+
- Global Presence
- Countries in Europe, Middle East, Americas
- 2
- Instruments
- STAC and the Safa Global Sukuk Programme
Safa Global Capital · The Malta fund
What it is being built to hold.
Three kinds of real exposure, and two instruments that would let investors share in them, each with its own documents and its own independent review. All in preparation.
A stake in the Excellence Fund
A limited partner’s position in the portfolio Safa Global Ventures runs as general partner: thirteen companies, eight verticals, alongside angels, families and institutions.
The companies →02Real estate
Residential and mixed-use: Jumeirah Acapulco, Mayto Aquarius and student housing in Turin. Candidates under study until title documents exist.
Real estate →03Commodities and a reserve
Commodity investments and a planned reserve of cash, gold and digital assets: a liquidity route for STAC holders, never a capital guarantee.
The planned reserve →STAC
A planned asset-backed digital security (ERC-20) issued by Safa Global Capital. Its legal classification awaits counsel’s opinion.
The Sukuk Programme
Planned asset-backed Investment Sukuk for professional investors. Malta’s Sukuk provisions are not yet in force, so venue and structure are under study.
The horizon
A ten-year build.
Each phase depends on the last, and every date here is a plan, not a promise.
01 · 2026 to 2028Now
Formation
Safa Global Ventures (Mexico), the Safa Global Foundation (Qatar Financial Centre) and Safa Global Capital (Malta) are established in turn. Counsel confirms how STAC is classified. Independent auditors and the adviser are appointed through the Foundation. Maison Safa gathers the community, apart from every product.
02 · 2028 to 2031
Expansion
If authorised, STAC is offered to retail investors under an EU prospectus. Real-estate candidates such as Jumeirah Acapulco, Mayto Aquarius and Torino move forward only once title documents exist. The companies scale across MENA, the EU and Latin America.
03 · 2031 to 2036
Integration
A self-sustaining capital and venture cycle: long-term infrastructure across education, energy, hospitality and digital, inside one economic and social thesis.
Maison Safa · Members only
Where ethical finance finds its people.
Maison Safa is the global house of Safa: founders, operators, scholars and friends of the group, meeting in global cities to share ideas, build friendships and shape what ethical finance becomes next.
Global cities
Starting with Mexico City, Malta, Guangzhou, Istanbul, Doha and Madrid. After that, members vote where the Maison opens next.
Small rooms, serious subjects
Maison Dinners, Salons and Conferences on ethics, finance and the companies being built, and Maison on Campus: university workshops on investment and venture finance, on commerce and brand building, and the Safa Digital Workshop on technology and AI.
A voice, on the record
Citizens pass advisory resolutions to Safa Global Capital, Safa Global Ventures and the Foundation. Each answers publicly: comply or explain.
Maison Safa is a membership, not an investment. It carries no right, vote, priority or allocation in any Safa Global instrument or offering, and Safa Global Capital does not run it.
Three doors
Find yours.
Investors and institutions
Talk to Safa Global Capital.
Institutional and qualified-investor enquiries, briefings on STAC and the Sukuk Programme, and the STAC paper on request.
Founders
Build with Safa Global Ventures.
The general partner of the Excellence Fund reads every idea sent with its supporting documents.
Everyone else worth meeting
Take a seat at the Maison.
Private dinners, salons, university workshops and conferences in global cities. Members only, by application or invitation.
Safa Global Ventures, the Safa Global Foundation and Safa Global Capital are in formation, and none holds a financial-services authorisation. Nothing on this site is an offer of any investment. STAC will not be available to US persons. Maison Safa is a membership, not an investment.