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Welcome To Oro Capital
CEO. Abdallah Asmar

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Welcome to Oro capital, our family business profession has been passed through generations, it all started with my father Mr. Hussein Asmar, now its managed by the second and third Asmar family generations, you will have and overview about our vision, mission, story and history hope you enjoy journey with.

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Our Vision

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Within the coming decade, Oro aspires to become among the top pioneering and most trustworthy precious metal companies in the MENA region.

Our Mission

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To delight our customers with our timely trustworthy Risk-free seamless precious metal business integrated solutions spanning end-to-end solutions to traders, jewelry wholesalers and factories.

Our Story

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Since its inception, the Oro Capital brand gradually became an established industry leader MENA region known for its credibility and commitment integrated into its business strategy and throughout all company’s history.

It all started in 1970 when our founder Mr. Hussein Mahmoud Asmar Joined “AlHumaidi and Asmar company”   company which was founded by his brother Mr. Ratib and Mr. Ali Abdul-Aziz Alhumaidi, his role was focusing on gold bullion Trading and was responsible for importing Gold Bullions from Switzerland and selling it in Kuwait, the exposure and experience he gained through his work was the spark to start his own business. Since then the business started growing its operation steadily and rapidly by expanding into adjacent related sectors including jewelry trading, jewelry workshops, jewelry wholesale and regional wholesale bullion trading, by establishing several new branches for the business in Jordan and United Arab Emirates, and nowadays we are serving customers in more than 13 countries in MENA region and beyond, providing rich offering of more than six integrated precious metal services and tens of products. Throughout the history of the company, till this date, Mr. Hussein have been the source of inspiration to all Oro team members as he always a role model for a person who practice what he preaching and used to be leading by example demonstrating how to integrate the values the mission we stand for in our daily business practices.

Our History

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1970 – Establishment of the Company!

Bullion Trading Company, Started by importing Gold Bullions from Switzerland under the name “Al Humaidi and Asmar company”

1991- Open Branch Yathreb Jewelry In Amman

We entered into Jewelry business by opening our branch in Amman “Yathreb Jewelry” with a group of business men.

1995- Asmar Jewelry at Downtown - Amman

Opened our first sole owned independent gold jewelry business owned 100% by Asmar family.

2001- Asmar Jewelry Workshop - Amman

Started a small workshop for creating both bullions and jewelry products.

2013- Asmar Jewelry at Shmeisani - Amman.

Opened a new branch on western Amman area which is closer geographically to wealthy and prestigious customer’s communities.

2015- Oro Capital at Dubai – UAE

Oro capital Dubai established to operate and serve our precious metal corporate customers at regional level serving all MENA region countries.

2021- Asmar Wholesale Jewelry Business - Amman.

Started a wholesale jewelry business to serve larger business customers with wholesale volumes of jewelry trading in Jordan.

Our Values

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Oro capital was established on core values which we consider has been the lighthouse to our business life journey till date and will continue to be so for many years to come. Our values are not slogans or mere business mantras, these are our guiding principles that play a vital role in giving us direction, pushing us to keep moving forward and help us survive in our toughest times. Here are our four pillar values:

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Trust First

Trust worthiness is something we cannot afford to compromise nor lose, as it represents our core value; we strive to fulfill our promises and commitments to our customer at all times and at all costs! For us, honesty comes first and foremost and will always do. Simply, that’s how we plan to fulfill our vision in becoming the most trustworthy company in our field an in the regions we operate at.

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No Risky practices

As we are increasingly becoming more entrusted by our customers, our governance and business conduct focuses on one main goal: to avoid risky practices and decisions that might negatively affect the position of the equities under our management, therefore, we always favor mitigating serious risks against capturing more business, because we know temporary benefits are not to last while good will in business always does.

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Shariah Compliance

Since the early days of our modest beginnings; sharia compliance has formed a foundational and guiding principle at Oro Capital. Serving as a compass, sharia adherence trickles down in our daily operations and governs every and each strategic decision we make. The embodiment of sharia compliance in our business thinking is what guarantees us to have a Halal business that directly correlates to all of our successes, provides sustainable growth of our business and protects our interests. That’s why we avoid rollovers “swaps”, futures, and margin trading ”speculations” all together.

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Ethical Competition

Whether we are dealing with suppliers or customers, we strive to uphold ourselves to the highest ethical competing standards in regards to how we treat our fellow competitors. Because, at the end, we believe that the way we treat our competitors reflects on the way we like them to treat us. In principle, we will never accept or allow any of our staff to engage in unethical competitive practices; especially while securing business deals or attracting new customers. Ethical competitiveness sits at the top of our code of conduct and values.