Skip to main content
Home
Muslim-Investor.com
Resources on Islamic Investment, Banking, Finance and Insurance
  • About
  • FAQ
  • Advertise
  • Forums
  • Site Map
  • Contact

Fortitude, Al-Aqeelah to set up Takaful venture in Syria

  1. Home

Sun, 2007/07/08 - 12:40 by Muslim Investor

Fortitude Capital Sdn Bhd, a fund manager, is teaming up with Kuwait's Islamic investment group Al-Aqeelah to set up a Takaful company in Syria.

The two parties signed a memorandum of understanding here yesterday towards forming the joint venture in that country by early next year.

It will be Al-Aqeelah’s first Takaful operations. Al-Aqeelah also announced the appointment of Fortitude Capital chairman and Malaysia-Syria business council chairman as its representative in Asia.

“We have full confidence in Fortitude’s experience and expertise in managing Takaful operations in Malaysia,” Al-Aqeelah group chairman and managing director Sheikh Hamed M Khajah said, adding that it wanted to transfer Fortitude's know-how for the proposed Takaful operations in Syria.

Speaking to reporters after the signing ceremony, other than the financial services sector, he also invited other Malaysian companies to join forces with the Al-Aqeelah group for other ventures in real estate and aviation.

Via The Edge Daily.

  • Log in to post comments

User login

  • Reset password

Site map

Main menu

  • About
  • FAQ
  • Advertise
  • Forums
  • Site Map
  • Contact

Contents

  • Introduction
  • Basics
  • Principles
  • Scholar Answers
  • Stocks
  • Resources
    • General
    • Directories
    • Fatwas
    • Institutions
    • Education
    • Research
    • Books
    • Law Firms
    • Miscellaneous
  • Miscellany

Forums

  • Discussions
    • Investment
    • Financing
    • Banking
    • Insurance
    • Investment Scams
  • Site Related
    • Site Questions and Support

Scholar Answers

  • Bio - Yusuf Talal DeLorenzo
  • Shariah Screening
  • Mortgage on Investment properties
  • The Residual Value of Leased Assets
  • 401K Plan
more

Search

Book navigation

  • FAQ: Frequently Asked Questions

Venture Capital

  • FINANCE REQUIRED TO REBUILD INDIA & GCC
  • Instructions for Venture Capital Opportunities
  • hms 1/2 and used rails for sale
  • seeking investors for a franchise business in Indonesia
  • Need a investor to start business in maldives
more

© Copyright 1999-2025 Muslim-Investor.com.
All rights reserved.
All comments and articles by others are copyright by their owner, and reflect their views and opinions, which may not necessarily be consistent with the views and opinions of Muslim-Investor.com.
Please read our Terms of Use, and Privacy policy before you register for an account or post any information.