Absurd. Religion has nothing to do with wealth. What a stupid thing to say.Ahmed Nur Jim'ale owns Hormuud, Golis, and Telesom telecommunication companies.
He also owns Taaj money remittance, Salaama Bank, and many other ventures.
He has this message for the Somali youth.
Beenleyda is back.Hormuud doesnβt actually own those other companies outright , they either hold small shares or operate through partnerships with other businesses.
Even the founder himself doesnβt fully own Hormuud. The company is owned by thousands of shareholders spread across the country, many of whom also have stakes in other ventures.
Itβs not like Dahabshil Group, which is a true conglomerate with direct subsidiaries.
He went through some extremely tough times in his business life. Before Hormuud, he founded a major conglomerate called Al-Barakat Group, which was later raided and sanctioned after 9/11. The Bush administration targeted many Muslim-owned entities during that period, and Al-Barakat was caught in the crossfire. Overnight, he lost everything , his assets were frozen, and he was left in debt.
He managed to pull through only by turning to the Quran for guidance and strength:
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In the end, all accusations turned out to be false there was no evidence behind them:
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His story is of resilience and perseverance. Despite everything, he went on to play a pivotal role in rebuilding Somaliaβs economy and supporting millions of Somalis, with his faith guiding him through it all.
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The Man Who Modernized Somaliaβs Economy
As a boy, he loved school and herding animals. As a young man, he became a businessman; and as a businessman, through a personal will, he revolutionized an entire industry and became a national pilβ¦somaliainvestor.so
The key lesson here is simple but powerful: accept what happens, let go of blame and bitterness, and keep moving forward. Thatβs the only way to grow and rebuild.
Al barakaat was (as Hormuud is today) heavily involved in islamist activities across the country. 90% of its workforce were literal wahhabis. Yes, they gave shares - ceded, as in isbaaro - to almost every warlord/armed man. But the company was owned by select ittixaad+Mooryaan+ganacsato, ie powerful men. Annagaa dalka joognay markii la sanction gareeyay, na warayso, afka ha iska taagine.
Hormuud owns these companies - weligaaba cabaad.
This guy is the son of a rich Duduble chief - he inherited his wealth and made good deals with ittixaad/warlords - just like the jihadi/warlord Abuukar Cumar cadaan.
Waryaadaha, naagtan waxay hormuud ama Xamar ka sheegto ha aaminina. She's full of shit. Probably, some Hormuud pr worker.
Disinformationist naag