Mission
To develop and grow Shari'ah compliant businesses and brands on a global scale through significant and direct acquisitions; by building strategic alliances with valued local partners around the world; to generate exceptional returns and long-term growth, leading to creation of sustainable shareholder value.
The Company is established to tap the immense growth opportunities within the global Shari'ah compliant space, particularly in South East Asia and China, the Indian subcontinent, the Middle East and North Africa region, and Central, East and South Africa.
From its headquarters in Dubai, the Company focuses on identifying anchor investment opportunities in its selected markets. This strategy enables it to partner with a leading company from which it can obtain first-hand knowledge of the market, and to subsequently leverage on the partnership to expand into other suitable investment opportunities.
The Company targets significant and direct acquisitions in a wide range of Shari'ah compliant sectors and industries. Its investment strategy is based on:
- Banking: This includes startups, conversion and partnering with Global Islamic Banks
- Private Equity Investments: This includes investments in sectors such as halal living, healthcare, hospitality and other investments
Its current investment portfolio includes:
- 70% ownership of Dubai Bank
- 100% ownership of Dubai Tadawul, a Dubai based private brokerage company
- 30% stake in Bank Islam, Malaysia’s oldest and largest Islamic bank
- 18.75% stake in Bank Islami Pakistan, the first bank to receive an Islamic Banking License in Pakistan
