Injazat Capital, the pioneering Islamic venture capital firm in the MENA region, has appointed Fawzi Zeine as Principal Fund Management, in an initiative to bring qualified, expert talent into the company.Hussein Rifai, Managing Director, Injazat Capital said: “Zeine brings to our company his considerable expertise in corporate strategy, advisory and management functions. This will further Injazat Capital’s investment plans in new markets such as Egypt, Lebanon, Kuwait and Bahrain and help us expand our involvement across diverse sectors of the economy.”
Zeine, a graduate in Business Administration from Texas Tech University, joins Injazat Capital from his last position as Deputy General Manager and Acting Chief Executive Officer (CEO) at Al-Khalidi Medical Centre. He has also served as CEO of Pepsi-Cola’s Jordan Ice and Aerated Water Company (JIAWC) and Light Industries Company.
Welcoming his appointment Zeine said:” I am delighted to join the Injazat Capital team, which is a leading manager of private equity funds and works towards developing a healthy economic environment. Injazat Capital seeks a positive impact on companies it intends to invest in by raising the bar on the quality of services they provide and creating more job opportunities throughout the region”.
As the region’s leading private investment and advisory firm, Injazat Capital specialises in management buyouts, private equity, venture capital and leveraged debt. Through its US$ 50 million Technology Fund and the US$ 100 million Shefa Healthcare Fund, the company supports early stage ventures in technology, media, communications and the health sector. Using its experience and expertise, Injazat Capital turns these into successful companies, in the process building up the region’s economy.
Injazat Capital is a leading Private Equity Investment and Corporate Advisory firm in the MENA region. Since its inception, Injazat has played an active role in the development of the MENA region by investing in and advising promising companies. Injazat operates in compliance with Shari’a principles and were the first to offer an Islamic Venture Capital Fund worldwide. Injazat Capital has established itself as one of the most active participants and successful firms in the industry throughout the MENA region.