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His Highness Sheikh Ahmed bin Saeed Inaugurates Noor Takaful Headquarters
(6 January 2011)
Noor Investment Group Marks Anniversaries of Noor Islamic Bank and Noor Takaful


 

His Highness Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of Noor Investment Group, today inaugurated the new headquarters of Noor Takaful, located adjacent to the Noor Islamic Bank station on the Dubai Metro Red Line, on Sheikh Zayed Road, in the presence of a number of high-ranking officials and senior banking and finance industry representatives were also present.

The inauguration was part of the celebrations hosted by Noor Investment Group (NIG), the Dubai-based Shari’a compliant financial services group, to commemorate the third anniversary of Noor Islamic Bank and the second anniversary of its insurance arm Noor Takaful.

HH Sheikh Ahmed accompanied by Hussain AlQemzi, Group Chief Executive Officer of Noor Investment Group and Noor Islamic Bank, today went on a tour of the new Noor Takaful headquarters, and visited the Noor Islamic Bank Metro station in Al Quoz.

An anniversary celebration was held for the employees of Noor Investment Group in the afternoon.

HH Sheikh Ahmed said: “Over the last three years, the Noor brand has successfully made its mark in the Shari’a-compliant financial services industry, a sector that is still in its infancy. We believe the brand will contribute to the growth of this industry and remain in the forefront as a pioneer, offering unrivalled finance and insurance solutions.”

AlQemzi said: “We are excited to achieve another key milestone in our operations as a group. Individually, Noor Islamic Bank and Noor Takaful have made significant progress in their respective industries. The opening of the new state-of-the-art headquarters for Noor Takaful reflects our commitment to consolidate our status in the insurance industry. We will continue to provide services that match global standards to our clients in the region.”

Since the launch of the Noor brand in January 2008 with Noor Islamic Bank, the brand has been a pioneer in offering new Islamic finance solutions that have been well-received by the market. The group enhanced its leadership position with the launch of Noor Takaful in January 2009.
 

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