Ridge Islamic Capital is the Islamic financial arm of the Dubai-based regional investment company Ridge Solutions International Holdings, which is part of Angola-based Ridge Solutions Group.
The company was established following the acquisition of the Egyptian investment banking and asset management firm El Rashad by Ridge Solutions International Holdings to expand its Islamic investment business across the region.
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Commenting on the launch, Jose Ramos, the chairman and executive president of Ridge Solutions Group said, "We strongly believe that starting the company in Egypt marks the beginning of providing Sharia compliant solutions in the region, which would enhance our revenues as well as our investors and shareholders’ value."
Ridge Islamic Capital said it will offer investors a wide range of Sharia compliant Islamic products introduced for the first time in the Egyptian market.
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