Tuesday 26 October 2010

FINANCE - Iskan Real Estate Receives ISO 9001:2008 Certification

Mr. Fawaz Al-Issa.
Company commits to ongoing improvements in Real Estate performance
 Kuwait; October 24, 2010 - Iskan Real Estate, Turkapital's real estate arm in Turkey, announced that it has achieved ISO 9001:2008 certification after meeting the guidelines set out by the International Organization for Standardization.

Iskan Real Estate was evaluated on its commitment to sustained quality management and improvement of its operations.


This certification by the International Organization for Standardization (ISO) recognizes the company's determination to Quality Management Systems (QMS), which Iskan Real Estate decided to implement in March 2010 and accordingly signed a contract with Management Plus for consultancy service.

Two months later, it completed all requirements for ISO 9001:2008 certificate.

 "Early in 2010, we adopted measures to improve performance among our employees", said Mr. Fawaz Al-Issa, Turkapital CEO. "We are proud to have received the ISO 9001:2008 certification, which rewards a collective effort by management and employees to embrace a responsible and rational approach to Management."

Now, all of our processes are followed up properly by this system, he concluded.

All the Iskan Real Estate team members were trained on QMS and all system and processes were put into writing, said Onder Ergin, Iskan Real Estate General Manager.

This was coupled with the adoption of a Quality Software program to be able to manage QMS and all necessary paperwork issues were implemented into this new software, he added.
Mr. Ergin concluded that "Bureau Veritas, which is global certification company, audited the system and Iskan's management system on June 2010, and once completed successfully, the certification was awarded, following an in-depth assessment of the company's current management system".

Within its strive for excellence, Turkapital, whose shareholders include Kuwait Finance House, and other investment leaders, is committed to implement and adopt similar systems and receive ISO certification for the operations of all its subsidiaries in Turkey, Azerbaijan and Tatarstan in the near future.

 Turkapital emphasizes on growth opportunities and long-term value creation through a conservative yet proactive strategy that allowed it to build a strong assets base and act as a solid link between capital and know-how from the countries of the Gulf Cooperation Council (GCC) and opportunities and markets in the economic cluster consisting of Turkey, its periphery and, by extension, Europe.

In the first half of 2010, Turkapital continued to pursue a strategy designed to combine maximum caution with optimal expansion in its investment portfolio that covers Insurance, Real Estate, Feet Operation and Investments.

Source : http://www.zawya.com/story.cfm/sidZAWYA20101025091230 - Oct 24, 2010