Headquartered in Dubai, Noor Investment Group aims to offer state-of-the-art solutions that meet the current market needs of its consumers, stakeholders and partners. It will do so while strictly abiding by the principles of Sharia'a, duly supervised by a resident Sharia'a Board, to ensure that all business practices stay truly and consistently Sharia'a compliant.
The Company provides solutions in the sectors of consumer, corporate and investment banking, wealth and asset management, treasury, private equity, financial advisory and Takaful services.
In March 2008, the Company entered into a joint venture with A leading business process outsourcing (BPO) company, Adventity BPO India Pvt. Ltd. The joint venture will provide BPO services including, transaction processing, knowledge process outsourcing and call centre management services primarily in the GCC, Middle East and North Africa region, as well as Pakistan.
Noor Investment Group has the following subsidiaries:
Noor Islamic Bank is the flagship entity of, and the primary growth engine within Noor Investment Group. The Bank has been established with shareholder equity of approximately US$1 billion with a vision to become the Islamic financial icon of Dubai. It will focus on global best practices and customised products and services to create the most modern and comprehensive banking and financial service solutions for its consumers, stakeholders and partners.
Noor Takaful is the Islamic insurance company of Noor Investment Group. Upon launch, it will offer a broad range of Sharia’a compliant general and family Takaful products, including coverage for aviation, engineering, energy, construction, property, automobile, family and life.