Islamic Finance Company announces establishment | Islamic Finance Company announces establishment -
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Islamic Finance Company announces establishment

United Arab Emirates: Tuesday, October 10 - 2006 @ 16:55

Tje Board is consisting of Abdullah Saied Al Qubessi, Ali Hamel Al Ghaith, Ghaith Hamel Al Gaith, Al Walid Al Mubarak, Essa Shamlan Al Shamlan mutually appointed Talal Abu Ghazaleh as Financial Auditor and Al Tamimi & Co. as the Company’s Legal Advisors.

The Chairman of Founders’ Committee Abdullah Saied Al Qubessi stated,

“With the establishment of this company, we are aiming to penetrate the UAE’s economical sector with the full gamut of corporate and retail Islamic finance products. We assure to be one of the major players in the development of the economy through our competent workforce and international standards that we will follow. With our Shari’a finance experts we are aiming to spread across the region with state of the art facilities and diverse finance solutions to meet every individual’s need.”

“The Middle East is highly developed in terms of Islamic Bank and Finance industry. The principles of Islamic finance have proved to be so favorable that it has gained its popularity across the globe. A key to survive this competitive market is by mastering the art of good customer service and we want to focus on it by establishing retail outlets throughout the region with Shari’a trained staff. We will also be developing easy finance solutions such as mortgages that will meet the requirements of everyone.”

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Tuesday, October 10- 2006 @ 16:55 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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