The company’s Shareholders combine local experience and global expertise to deliver new standards of excellence in home financing to Saudi Arabia. FIC has investment portfolios handled through various SPVs under its banner. One of the flagship companies under FIC is Deutsche Gulf Finance Company (www.deutschegulf.com). This is a $110 million home finance mortgage company in joint venture with Deutsche Bank. All investments in real estate, hospitality, etc are done under FIC. Deutsche Gulf Finance Company is a closed joint stock company – joint venture between Deutsche Bank and FAR Investment Company. DGF’s mission is to promote home ownership in Saudi Arabia and the GCC region by providing Sharia’a compliant home finance solutions that enable its clients to purchase a home for their future prosperity and stability. The company adheres to Sharia’a principles in how it operates and in the products it offers. Al Nakhla Company: Al Nakhla Company for Commerce and Real Estate Investment is the single largest investor in Deutsche Gulf Finance and is owned by Far Venture Holdings.it’s an SPV of Fahad A.Abdullah Al Rajhi Company(FIC). Al Nakhla is managed by a prominent group of KSA based investors lead by Mr. Fahad Abdullah Al Rajhi.
21 Dec 2016