Unicorn’s Strategic Mergers & Acquisitions strategy of acquiring equity stakes in synergistic regional and international institutions is fundamental to the Bank’s ambitions to establish a global presence. This inorganic growth strategy aims to provide Unicorn with domestic platforms in growing markets and to strengthen the Bank’s product delivery and distribution channels.
The Bank pursues a dual approach. The first is to acquire promising regional and international conventional financial institutions and convert them to Shari’ah-compliant institutions, targeting both private and publicly listed companies that fit the Bank’s overall strategic and investment objectives.
Unicorn’s second Mergers & Acquisitions approach is to target existing Islamic institutions that are under-performing or under-capitalized. This provides the opportunity for the Bank to leverage its Islamic product structuring capabilities and to work closely with existing management to unlock the value in these institutions by more optimally allocating resources and enhancing efficiencies.