Islamic Finance Company Unveiled
10 Oct 2006|
Staff Report
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Dubai: Founding members announced the formation of the Islamic Finance Company following a Constitutional General Meeting held on Sunday by the election of the board and the appointment of its key personnel.
The board, consisting of Abdullah Saeed Al Qubessi, Ali Hamel Al Gaith; Gaith Hamel Al Gaith, Al Walid Al Mubarak, and Eisa Shamlan Al Shamlan, mutually appointed Talal Abu-Ghazaleh as Financial Auditor and Al Tamimi as the company's legal advisors.
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 Sharia 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."
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