Mawarid Finance
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: Significant achievements. Mawarid Finance has had the following achievements: * 12 portfolio companies Company history. 2015. * Developed 22 Islamic banking products