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Established in : Aug 4, 2008
Address : O-14 Tower, 8th Floor,
                                                        Al Abraj St., Business Bay,
                                                        P.O. Box 235353,
                                                        Dubai, UAE.
Phone : 04 304 1605
Fax : 04 422 6090
Email :
Website :
Head Office : O-14 Tower, Al Abraj St.
Business Bay. Dubai.
Fiscal Year End : December
Auditor(s) : Deloitte
Registrar Name : Mawarid Finance

Equity Profile
Date of Listing : Aug 4, 2008
Sector : Insurance
Authorized Capital : 100,000,000.00 AED
Issued Shares : 100,000,000.00
Par Value/Share : 1.00 AED
Market Closing Price : 0.544 AED

*Shareholders Structure
Mawarid Finance: 23.22 %

Board Members

Chairman: Mr. Abdulaziz Mohammed Abdulla Al Bannai
Deputy: Mr. Saleh Abdulghaar Al Hashimi
Members: Mr. Ali Humaid Ali Abdalla Al Owais
 Mr. Salah Ibrahim Sayed Mohammad Sharaf
 Mr. Yagub Bin Eisa Bin Nasser Al Serkal
 Mr. Osama Ibrahim Ahmad Seddiqi
 Mr.Shahab Ahmed Lutfi Ali Harmoozi

Companies Managers
Managing Director: Mr. Saleh Al Hashimi


  • Percentages of ownership in foreign companies’ shares only represent those listed on DFM, except for Arab Insurance Group – Arig, Al Salam Bank – Sudan.
  • Ownership percentage is subject to change based on several reasons including the following:
  • 1- Trading activity.
    2- Off-Market Transactions such as family and inheritance transfers.
    3- Changes in the nationality status of investors.
    4- Securities deposits and withdrawals to and from DFM for Dual listed companies.
    5- Capital increase by issuing new shares to a strategic investor.
    6- Converting Bonds into shares.
    7- Equity added to the equity of the associated group.

  • Percentages are updated daily (as of settlement of previous business day).