A legacy of leadership and vision
Foundational Legacy – Haji Payenda Mohammad Omarzay
The group’s principles are inspired by the vision of the late Haji Payenda Mohammad Omarzay, a pioneering entrepreneur with strong governmental ties. In 1938, he acquired 1,300 jeribs of agricultural and residential land in Deh Sabz, establishing a family estate that cultivated fruits, vegetables, and vineyards supplying markets across Afghanistan.
His foresight and integrity laid the foundation for the Omarzay family’s long-term success.
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1.2 Formation of Omarzay Company Ltd.
In 1984, the Omarzay brothers established Omarzay Company Ltd. in Kabul, marking the group’s formal corporate structure.
• Mohammad Omar Omarzay served as Vice Chairman for nearly three decades
1.4 A New Era: Afghanistan’s Reconstruction
With the dawn of Afghanistan’s reconstruction era, the Omarzay family actively contributed to national rebuilding and infrastructure development:
• Mr. Mohammad Omar Omarzay founded AlDua’a Construction Company, playing a pivotal role in the New Kabul City Project in Deh Sabz, under the official master plan of the Municipality and the Ministry of Urban Development.
• on 14/07/2024 the family formalized an inheritance agreement, through which several members contributed land for the New Kabul City initiative — reaffirming their commitment to urban development, job creation, and improved quality of life in Kabul.
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2. Formation of Taqwa Credit Cooperative Society in Afghanistan
Building on this legacy, Mr. Mohammad Omar Omarzay and Mr. Mohammad Adil Khan have entered into a Franchise Agreement with Taqwa Credit Cooperative Society Ltd., headquartered in Bhatkal, Karnataka, India.
This partnership aims to establish and operate the Taqwa Islamic Banking Model in Kabul, marking a historic milestone in expanding Taqwa’s mission beyond India and showcasing the global relevance of Shari’a-compliant, technology-driven finance.
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The Afghan Partners’ Vision
The Afghan partners share Taqwa’s vision of transitioning the nation from conventional banking to a comprehensive Islamic financial system.
Their strategic approach, guided by the Migration Framework for Afghanistan developed by Taqwa, seeks to:
• Eliminate Riba (interest) and its harmful economic impacts
• Promote financial inclusion and social justice
• Encourage sustainable economic growth through ethical financing
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Vision of Mohammad Omar Omarzay
Vision:
To see Afghanistan emerge as an active player in global trade and tourism, while becoming a safe, stable, and prosperous homeland for all its people. We envision the people of Kabul recognized globally for their resilience and hospitality, empowered with dignity, livelihood, and freedom.
Mission:
To contribute to rebuilding Afghanistan as a peaceful, economically strong, and globally connected nation.
Mohammad Omar Omarzay
President of
Al-Dua’a Construction Company and
Taqwa Credit Cooperative Society Ltd Islamic banking services Kabul Afghanistan
