Our experience in Financial Services is broad and deep. Noor has successfully executed numerous investment in this sector over the last decade.
Our Financial Services Portfolio
Meezan Bank Limited, Pakistan
Noor is the largest shareholder in Meezan Bank Limited, Pakistan which is the first and the largest Islamic bank in Pakistan with more than 450 branches across the nation. Besides traditional banking channels, the Bank offers various Alternate Distribution Channels including Internet Banking, ATM Banking, Visa & MasterCard debit card, SMS Banking, SMS Alerts, Mobile Banking Application and Utility Bills Payment through ATM and Internet Banking. Meezan Bank is listed on Karachi Stock Exchange.
Pak-Kuwait Takaful Company Limited, Pakistan
Pak Kuwait Takaful Company Limited is the first Islamic insurance company in Pakistan making it the most experienced and financially strong Takaful operator. Pak-Kuwait Takaful believes in promoting the cause of Takaful as well as promoting the insurance business in a Shariah Compliant way all over Pakistan along with the financial strength and backing of our foreign and local equity partners.
Kuwaiti Indian Holding Company KSCC, Kuwait (KIHC)
KIHC, a 57% subsidiary of Noor, is a Kuwait based holding company that focuses on Shariah-compliant investment activities in India. KIHC was established in March 2006 with a paid-up share capital of KD 1 million and raised a further KD 29 million in 2007 bringing its current paid-up share capital of KD 30 million (USD 112.8 million). KIHC invests in public and private equity markets and real estate opportunities in India, and encourages foreign investment in Kuwait by promoting joint projects with Indian companies. KIHC has also created specialist funds for investing in India.
Noor Kuwait Holding Company KSCC, Kuwait (NKHC)
NKHC is a Kuwait based holding company and wholly owned subsidiary of Noor that focuses on investments in listed equities and broad range of financial products.