The strategy of Al Madina For Finance & Investment Co. and its future vision is in being a pioneering company in investment and investment assets management and in managing its investment assets according to the Islamic teachings, under the supervision of a carefully selected elite of the Sharia supervisory boards, and in contributing to the provision of services with high standards of professionalism, according to the latest regulations and international standards any systems, through a unique set of Islamic investment products and financial instruments carefully selected to be available for all categories of investors, build constructive strategic relations with local and global financial institutions and companies, and work with high spirit to achieve the expectations of the related parties, including shareholders and investors.
Strategy of Al-Madina varies by each business segment / region it operates in. The intention is that over the next three years Al-Madina will become the center of a group of at least ten major listed companies in the real estate, asset management and financial services sector.
As regards direct investments, Al-Madina targets smaller companies having potential to grow with a view to re-organize / re-structure such companies to become more efficient and profitable, taking them first to a pre-IPO private placement and then subsequently to a full listing. While operational earnings are important, not least to fulfill the listing requirements, the main objective is the eventual capital gain. Al-Madina has helped to start a number of smaller companies as part of this “nursery” process (e.g. Al-Abraj Holding Company, Safat Global Holding Company (previously Gulf Horizon Holding Company), Salbookh Trading Company, Ekttitab Holding Company (previously Kadhma Holding Company), and Hits Telecom Holding Company (previously Nibras Holding Company).
Al-Madina is aggressively pursuing a well structured direct investments portfolio, either through acquisitions or mergers or otherwise, which is both diversified over various business sectors and distributed over various geographical regions. The business sectors currently in focus are telecommunications, energy, education, health and logistics.
Direct investments are considered to provide business arms to support Al-Madina in establishing partnerships, identifying right opportunities and achieving operational growth in its products and services.
In fund management Al-Madina currently operates two funds (India Fund and Al-Madina Fund) and plans to add further funds in due course.
Al-Madina provides both discretionary and non-discretionary portfolio management services through an experienced and a highly professional team of portfolio managers who works closely with investors towards developing an investment strategy designed to achieve maximum returns, while ensuring clients’ liquidity requirements. Target markets are the GCC, Jordan, Syria and Egypt.
Financing activity has now become a non-core activity of Al-Madina. However, there are plans to transfer financing activities to a new entity (under incorporation) and then selling down a stake in this entity.
The real estate segment spurred by regional growth, offers widespread opportunities in Kuwait, other GCC countries and the MENA region. Al-Madina’s acquisitions of a sizeable land bank at strategic locations within the region positions the company to benefit from fast paced developments in this burgeoning sector.