Posted inUncategorized Power 100 - 2008

Hussain Al Qemzi

Designation: Hussain Al Qemzi has the backing of the Dubai government in his quest to lead the world's first global Islamic bank.

Hussain Al Qemzi has the backing of the Dubai government in his quest to lead the world’s first global Islamic bank. Forget that Noor has only been around since the beginning of 2008, things get done fast in Dubai and Al Qemzi is already well on his way to achieving his goal of turning Noor into the world’s biggest Sharia lender within five years. Currently Al Qemzi has his eye on snapping up companies for as much as US$1 billion in countries such as Egypt, Turkey, Pakistan, France and the UK. Dubai’s government owns half of Noor, which opened with US$861 million of capital.

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