Mawarid Finance is one of the leading Shari’a-compliant financial service providers in the heart of Dubai, where modern finance meets traditional values. It was established in 2006 with a paid-up capital of AED 1 billion. It is a private joint stock company and has carved a niche for itself in the Islamic finance sector. Mawarid Finance stands out with its unwavering commitment to providing products and services on Islamic financial principles like Ijarah, Murabaha, and Musharaka. The firm is run by a complete Sharia board, which makes sure that all the offers made are strictly based on the tenets of Shari’a, thus instilling trust and credibility in the eyes of its customers.

Being the only independent finance company in the UAE, Mawarid Finance operates under a unique setup of ownership structure, that is, it distributes the shares among over 350 shareholders. Such an innovation allows for the freedom in operations with no single unit holding more than 5% of the capital; this framework enhances governance besides empowering Mawarid to respond promptly to what its customers require. The company’s slogan, Falak Tayyeb, meaning “Consider it done,” is a statement that the company is fully devoted to fast, personalized service and ensures that the client receives prompt and efficient solutions tailored to his financial requirement.

Mawarid Finance is passionately committed to fostering economic development within the UAE. Being aware of the fact that SMEs are the most significant chunk of the national economy as they constitute approximately 85% of the total number of registered businesses, the company has come up with the Falak Tayyeb for SMEs initiative. The scheme is directed at the support of the financial sectors to the growth of SMEs and the integration into the larger economy. Such financing investments of AED 600 million for this campaign show that Mawarid Finance is not only the provision of capital but engagement in local business empowerment processes, creating jobs and therefore contributing to economic resilience as well.

Mawarid Finance also supports Emiratisation policy, one of which is the utilization of the employment of local UAE nationals. Indeed, with over 30% of its workforce comprising Emiratis and over 70% at the executive level, it is obvious that Mawarid has been highly devoted to national development. This is a far cry from the overall UAE private sector in which the representation of Emiratis is significantly low. As Mawarid Finance focuses on the development of local talent, it further enhances its organizational capacity but also invests in the future of the UAE economy.

Mawarid Finance is all about innovation in its core business. In 2008, it launched eMurabaha-the first-of-its-kind e-platform to assist clients in administering funding requests and transactions that are compliant with the principles of Sharia. This concept received much appreciation and bagged the “Idea of the Year” prize at Ideas.Arabia 6th International Conference in 2011. Such products, innovatively designed and executed by the company, speak for a forward-looking vision that understands how best to apply the power of technology for its customers.

Mawarid Finance has expansion efforts through strategic partnerships and investments. For instance, in 2007, the company ventured out of the UAE by investing in First Investment Bank in Bahrain. It also partnered with prominent real estate developers such as Cayan, offering Islamic financing options for luxury projects. These collaborations are made to enhance accessibility to Shari’a-compliant financing, enabling clients to realize their aspirations without compromising their values.

Mawarid Finance has diversified its service provision over the years by adopting strategic acquisitions and introducing other services, such as Arbah Investment Club on opportunities for Islamic investment, establishing Mawarid Consultancy, which renders outsourced Islamic banking and Takaful services. This expansion underlines the determination of Mawarid to build a wholesome financial ecosystem that caters to the diverse needs of their clientele.

Because Mawarid Finance continues to grow it finds itself focusing more steadfastly on innovative Shari’ah-compliant solutions tailored to empower the different dimensions of individuals and companies as well. As long as Mawarid Finance champions economic development; facilitates Emirati talents to grow; and endorses technological advancements, such strides are not merely wading through the muck within the financial arena.

This Saudi Arabian company has seen a transformation from the humble fabrication house to an integrated engineering and contracting major. With its diversified portfolio in EPC services, MIS plays a vital role in supporting oil, gas, petrochemical, and power generation industries. The company is not only satisfying the requirements of the energy sector but also has foreseen future problems with its rich experience and expertise that places it as a pioneer in the market.

MIS was an original firm located in Dubai. However, it was later shifted to Sharjah in 1985. It helped the company increase the manufacturing area and incorporate pressure vessels into its manufacturing portfolio. This step further assisted the company to simplify its activities and provided a basis for future expansion. It began EPC services in early 1990s. Therefore, it started handling larger and more complex projects. This was a milestone in the life cycle of the company that helped in building a strong reputation within the energy sector. The company established MIS Arabia in 2001, a joint venture that concentrated on the Gulf region. With this venture, MIS penetrated the emerging markets of Kuwait, Qatar, and Saudi Arabia, thus strengthening project capabilities and service offerings. The proactive steps by the company helped it win its first New Build contract in 2006, thus making a strong foothold in the industry.

The acquisition of Lamprell PLC in 2012 marked the starting point of MIS’s transformation journey, as it enhanced resources and expertise. Besides enhancing its ability to perform operations, this acquisition opened new markets for the company, enabling it to expand its scope of service. The firm operates from a highly developed facility in Port Khalid, Sharjah, covering 200,000 square meters. Its fabrication and assembly capabilities make use of the most modern technologies available. MIS’s operational footprint today extends to key markets that are Egypt, Kazakhstan, and Iraq, as part of an ambition to become a regional leader in energy services.

MIS’s business is guided by six key value streams: fabrication, EPC, new builds, refurbishments, technical services, and safety services. Each of these value streams is part of the strategy of the company so it can offer solutions comprehensive in nature and tailored according to the specific needs of clients. The company has heavily invested in its Sunbelt Safety division, specializing in critical safety equipment and services, with a focus towards maintaining the highest standards of safety-its industry, where risks for such operations are considerable.

The company has continually expanded and diversified through outstanding acquisitions and new ventures. For instance, EPI, established in 2010, is involved with EPC and EPCM projects across key markets; the acquisition of Litwin PEL also enhances the engineering capabilities of MIS in the Middle East and Africa. These strategic steps not only strengthen the service offerings by MIS but also strengthen the competitive advantage of the group in a tough market.

The wide-ranging expertise and operational capabilities of MIS are likely to address the emerging demands of the energy landscape and contribute to sustainable development in the region. With a history of quality and a view to the future, MIS is neither just a participant in the energy sector; it has been a leader, designing the future for engineering and contracting in the Gulf region and further afar.

The business started by a team of foresighted American investors, Majestic International today has flourished from being a regional company to being a powerhouse globally in the various businesses. Its meteoric growth in sectors, from retail and logistics to construction, steel, and marine engineering, speaks to the group’s commitment to innovation and adaptability within an evolving market. Today, it bases its operations in some of the world’s biggest hubs, including Dubai, Riyadh, New York, and Jeddah, consolidating its position and dominance on the world map.

One thing that distinguishes Majestic International from the rest is that quality operations are conducted in each and every field where Majestic International has set its foot. From designing leading-edge logistics solutions to being at the forefront of standards in marine engineering, Majestic International has continued to push the limits on every level. This helped expand the portfolio of Majestic International to 14 different industries, each carried out with a deep appreciation for the needs of both the local and international market. The result has been a name of solidity; one that has made business or governmental partnerships with it most sought after.

Much of the growth of Majestic International can be credited to Majestic Steel, based in Cleveland. Majestic Steel is a major part of the company that distributes steel products to more than 3,000 accounts through inventory management, processing, and distribution. These include construction and manufacturing-related companies. Recently, the company has expanded its business through the acquisition of Quicken Steel in Georgia and Mercury Transport in California. It has expanded its clients by such strategic moves while being one of the top steel suppliers across the United States. A new high-tech facility opened in 2023 in Hickman, Arkansas, that uses advanced material-handling systems reflects the company’s commitment to innovation and efficiency.

Majestic Steel, in pursuit of expansion and enhancing capabilities, had raised a credit facility of $287.5 million in 2023. This financing is vital for its acquisition and development projects, keeping the company well-equipped to face future market demands. Such strategic investments have made Majestic Steel an indispensable part of the Majestic International Empire and a forward-thinking leader in the steel industry.

Majestic Marine Engineering is another very critical business area for excellence in focused industries. Majestic Marine Engineering was launched in the 1980s, offering fully fledged construction of marinas and other marine civils, among others such services as installation of pontoons, dredging, and breakwaters. A recently announced one is the partnering with a Dubai-based Nakheel, developer on a $15 million investment with the island’s boat mooring to increase from just 3 berths to a total 600 berths. Majestic Marine plays a part in this venture because it can successfully deliver large projects that project Dubai as the luxury and marine tourism hub of the world.

Not only is Majestic International a resounding success story in steel and marine engineering, but the company has also significantly developed logistics and retail. The company has invested very heavily in both technology and infrastructure. The logistics division focuses on the international and regional markets by introducing innovative supply chain solutions within the UAE and Saudi Arabia. Majestic International’s logistics arm is deeply intertwined with global networks in order to ensure that it gives efficient, dependable service to its diverse client base while reinforcing its reputation as a reliable partner in this fast-paced global economy.

Leadership has been crucial in Majestic International’s continuing success. Since 2019, Mohammad Mabrouk has been the CEO, and during his tenure, the company has experienced a new growth and employee welfare. During Mabrouk’s leadership, Majestic International has not only increased business operations but has also earned the “Great Place to Work” certification in 2023, which reflects the company’s interest in a positive and supportive workplace. As certification points out, Majestic International is devoted to its workforces’ happiness and will be one of the primary talent choices for the business’s diversified industries.

Majestic International Company demonstrated its resilience, innovation, and adaptability. With its relentless investment in sustainable growth, technological advancement, and employees’ satisfaction, Majestic International creates the future course of success not only to the UAE but also for the rest of the world. A diversified portfolio combined with a strong business growth commitment will leave the company as a solid force across industries, helping the company to cement its position as a multinational powerhouse in each of its sectors by redefining standards for excellence.