We’re excited to announce a new phase in our international endeavors: the initiation of Master Wakala Investment Agreements with two reputable banks: Mashreq Bank from the UAE and Aktif Bank from Türkiye. This collaboration is geared towards allocating funds and investments in adherence to the principles of Islamic finance, presenting fresh opportunities for us on the global stage.
Under these agreements, the banks will serve as agents, directing our funds into diverse financial assets. This not only enhances profitability but also offers more favorable conditions for depositors.
We are focusing on predominantly short-term investments to maintain the stability of our financial services and ensure robust asset performance.
This collaboration with these esteemed banks opens up new horizons in financing and contributes to the ongoing growth as a reliable and innovative financial institution.