An Entity of Type: Joint-stock company, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Mawarid Finance is a private joint stock company in Dubai, United Arab Emirates, providing Shari'a-compliant financial services. It was founded in 2006 with a paid-up capital of AED 1 billion. All of its products are based on Islamic financial principles such as Ijarah, Istisnaa, Murabaha, Mudharaba, Musharaka, Kafalah and Wakala and its practices are governed by a full Sharia board. The company markets itself with the tagline Falak Tayyeb (in Arabic) which in English roughly translates as 'Consider it done'. This is intended to show its commitment to fast and personalized service.

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  • Mawarid Finance is a private joint stock company in Dubai, United Arab Emirates, providing Shari'a-compliant financial services. It was founded in 2006 with a paid-up capital of AED 1 billion. All of its products are based on Islamic financial principles such as Ijarah, Istisnaa, Murabaha, Mudharaba, Musharaka, Kafalah and Wakala and its practices are governed by a full Sharia board. It is the only finance company in the UAE that is completely independent. In an effort to give itself operational freedom, its shares are distributed across more than 350 shareholders, with companies or organisations owning not more than 5% each of the capital and no individual shareholder's stake exceeding 2.5% The company markets itself with the tagline Falak Tayyeb (in Arabic) which in English roughly translates as 'Consider it done'. This is intended to show its commitment to fast and personalized service. Mawarid's primary goal has been to support and participate in the development of the UAE economy by: * Supporting small and medium businesses (SMEs) which comprise 85% of the companies registered in the UAE. To this end, it operates the Falak Tayyeb for SMEs campaign. * Encouraging UAE Nationals to participate in the nation's development through a policy of Emiratisation. Emiratis comprise more than 30% of Mawarid's workforce and their percentage rises to more than 70% in executive positions. This is in contrast to the 0.34% average in UAE's private sector. (en)
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  • 1.59E9
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  • 1.13E9
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  • 2006-01-01 (xsd:gYear)
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  • 1.59E9
dbp:equity
  • 1.13E9
dbp:foundation
  • 2006 (xsd:integer)
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dbp:industry
dbp:keyPeople
  • Mohamed Ali Musabbeh Al Neaimi, ( CEO ) (en)
  • Omran Sultan Abdullah Al Owais, ( Chairman ) (en)
  • Abdul Ghaffar Al Sayed Mohammed Al Hashimi, ( Deputy Chairman ) (en)
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  • 200 (xsd:integer)
dbp:name
  • Mawarid Finance (en)
dbp:services
  • Working Capital (en)
  • Aqarat Mawarid- Home Finance (en)
  • Business Account (en)
  • Commercial Office Finance (en)
  • Damanat- Labor Guarantees (en)
  • Floos- Services for SMEs (en)
  • Floosi- Individual Cash Facility (en)
  • Goods Finance (en)
  • Invoice Finance (en)
  • Letters of Guarantee (en)
  • Sayyarat Mawarid- Auto Finance (en)
  • Share Finance (en)
  • Trust Account (en)
  • Wakala Investments (en)
  • e-Murabaha (en)
dbp:subsid
  • (en)
  • Dar Al Takaful (en)
  • MFI Investments (en)
  • Mawarid Consultancy (en)
  • Mawarid Exchange (en)
  • Mawarid Securities (en)
  • Mawarid Technology (en)
  • Plus Medical (en)
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  • Mawarid Finance is a private joint stock company in Dubai, United Arab Emirates, providing Shari'a-compliant financial services. It was founded in 2006 with a paid-up capital of AED 1 billion. All of its products are based on Islamic financial principles such as Ijarah, Istisnaa, Murabaha, Mudharaba, Musharaka, Kafalah and Wakala and its practices are governed by a full Sharia board. The company markets itself with the tagline Falak Tayyeb (in Arabic) which in English roughly translates as 'Consider it done'. This is intended to show its commitment to fast and personalized service. (en)
rdfs:label
  • Mawarid Finance (en)
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  • Mawarid Finance (en)
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