Fajr Capital

Fajr Capital
Limited liability company
Industry Private Equity, Islamic Finance
Founded 2009
Headquarters Dubai International Financial Centre,
Key people
 Iqbal Khan, CEO
Number of employees
 15,000+ (including its portfolio companies)
Website www.fajrcapital.com

Fajr Capital is a sovereign-backed private equity firm, with a focus on strategic high-growth sectors in key Organisation of Islamic Cooperation (OIC) markets.[1] Headquartered in the Dubai International Financial Centre, Fajr Capital has a diverse portfolio consisting of businesses operating in over 10 key MENA and ASEAN markets, including: Brunei Darussalam, Egypt, Malaysia, Oman, Saudi Arabia, Turkmenistan and United Arab Emirates.[2]

History

Fajr Capital launched in 2009 with the financial backing of prominent sovereign investment bodies: Khazanah Nasional of Malaysia, Brunei Investment Agency and Abu Dhabi Investment Council, and the private Saudi-based firm MASIC.[3]

The company was founded on the basis of a shared vision to unlock the true potential of the Organisation of Islamic Cooperation region. Against this backdrop, Fajr Capital has "developed a robust framework to not only pinpoint the most attractive investment opportunities in the OIC world, but also create significant long-term value for local communities".[4]

With over USD 700m in committed capital, Fajr Capital is led by CEO Iqbal Khan and a team of seasoned investment professionals with a previous track record at global financial services institutions such as HSBC.[5] The company’s Board of Directors, chaired by Adib Al Zamil from the Zamil Group, comprises senior international economic and business leaders.[6]

Portfolio Companies

Fajr Capital has invested in several financial services and real economy companies, including the following announced transactions:

Awards

Fajr Capital was recognised as the "Best Private Equity Firm in the Middle East" in 2015 by EMEA Finance and Global M&A Network.[13]

The Asset Magazine awarded Fajr Capital with "the Best Islamic Private Equity House" in May 2014.[14]

In September 2012, Fajr Capital's CEO, Iqbal Khan, received The Royal Award For Islamic Finance, by His Majesty Tuanku Abdul Halim Mu’adzam Shah, the King of Malaysia.[15]

In 2009, Fajr Capital was awarded the Best Private Equity House at the IFN Awards Ceremony.[16]

See also

References

  1. ↑ http://www.fajrcapital.com/
  2. ↑ http://www.fajrcapital.com/media-pack/
  3. ↑ http://www.zawya.com/story/Fajr_Capital_Launch_of_Islamic_Investment_Firm_Backed_by_Leading_Institutions-ZAWYA20091006071359/
  4. ↑ http://www.fajrcapital.com/about-us/investment-approach/
  5. ↑ http://www.fajrcapital.com/people/management-team/
  6. ↑ http://www.fajrcapital.com/people/board-of-directors/
  7. ↑ http://www.bt.com.bn/news-national/2011/03/24/fajr-capital-buys-stake-bibd
  8. ↑ https://www.zawya.com/story/Fajr_Capital_completes_acquisition_of_UAEs_Cravia-ZAWYA20160516074751/
  9. ↑ http://www.thenational.ae/business/economy/fajr-led-group-takes-stake-in-uae-based-gems-education
  10. ↑ http://www.reuters.com/article/2012/08/27/emirates-dic-sale-idUSL5E8JR2G020120827
  11. ↑ http://www.cpifinancial.net/news/post/26437/fajr-capital-led-consortium-acquires-national-petroleum-services
  12. ↑ http://www.reuters.com/article/2012/02/22/idUS84694+22-Feb-2012+RNS20120222
  13. ↑ https://www.zawya.com/story/Fajr_Capital_scoops_Deal_and_Firm_of_the_Year_accolades_at_the_Global_MA_Networks_EMEA_Awards-ZAWYA20150505065638/
  14. ↑ http://www.fajrcapital.com/fajr-capital-recognised-as-best-islamic-private-equity-house/
  15. ↑ "Islamic banker Iqbal Khan receives Royal Award for Islamic Finance". The Star Malaysia.
  16. ↑ http://www.islamicfinancenews.com/awards/pages.asp?page=bank2011
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