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Bashraheel leads a tripartite alliance for capital management in cooperation with the Malaysian

Bashraheel leads a tripartite alliance for capital management in cooperation with the Malaysian

Bashraheel leads a tripartite alliance for capital management in cooperation with the Malaysian expertise

Jeddah - Ahmed Handoq:

Yesterday evening, Jeddah witnessed the signing of a cooperation agreement between Fawaz Muhammad Bashrahil Group, the Malaysian KR Financial Company, and Dar Ihsan Berhad., in the presence of many businessmen, intending to support economic cooperation between the Kingdom and Malaysia through one of the largest Malaysian financial companies.

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Sheikh Fawaz Bashraheel, Group Chairman, explained that the Malaysian KR Company is distinguished by its strength and superior ability to manage Sharia-based financial products that are spread across gold, oil, and halal indices, as the company is considered one of the leading capital management companies in Malaysia by maintaining the highest standards of investment expertise in addition to Strict adherence to corporate governance.

He added that the partnership agreement was made within the framework of the company's plan to expand its business further and provide services to international companies and global clients today they are known as DAR iHsan KR Fawaz Muhammad Bashrahil Group Berhad, as they work to steadily grow the assets under management and establish themselves as a reliable partner to the growing customer base and work to achieve the desired strategic goals.

For his part, Dr. Shadwan Shihab El-Din, CEO of KR Group, expressed his happiness to enter the Saudi market through this strategic agreement with Fawaz Bashrahil Group, noting that the group has decided to enter into the framework of the transformation that the Kingdom is witnessing in light of the Kingdom’s vision 2030

He explained that the group has won the confidence of its customers inside and outside Malaysia through the areas in which it operates, which are four areas: money management, education financing, retirement plans, and investment management.

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