Aafaq Islamic Finance entered into a partnership agreement with “Rasmala” to discuss strategic financial and investment opportunities between the two companies.
The partnership contract was signed at the headquarters of Aafaq Islamic Finance Company in Dubai, UAE, by Hisham Hammoud, CEO of Aafaq, and Eric Swats, CEO of Rasmala. The signing ceremony was attended by senior officials from both companies.
Under this memorandum, the two companies will cooperate to develop financing products and services that promote sustainable and innovative investment in various sectors in the UAE.
Hisham Hammoud, CEO of Afaq Islamic Finance, said: “We are pleased to collaborate with Rasmala Investments to explore new opportunities in the Islamic finance sector. This strategic collaboration will lead to the development of innovative and pioneering financial solutions for our clients.”
Hisham added: “Aafaq Islamic Finance and Rasmala are committed to providing customer-centric financial solutions. This cooperation represents the joint efforts to develop a sustainable and comprehensive financial ecosystem that meets the growing needs of customers in the United Arab Emirates, both individuals and companies.”
For his part, Eric Swats, CEO of Rasmala, said: “We look forward to working closely with aafaq to develop innovative investment solutions in the UAE financial market. Rasmala will prepare a strategic investment plan to raise more than one billion dirhams from 100,000 investors. This partnership represents a great opportunity for us to work together to support innovation and expand our business in the UAE. We look forward to exploring new avenues for growth with Afaq.”
