Aafaq’s strategy focuses on exploring opportunities across sectors, empowering businesses and ensuring the highest levels of happiness for all stakeholders including shareholders, customers, employees, strategic partners and the community. As a responsible financial solutions partner, Aafaq strives to create a smart, efficient and convenient economic ecosystem by providing world-class products and services. Aafaq’s product portfolio includes a variety of feature-rich credit cards tailored to suit the varying demands of individuals and businesses. In order to empower businesses, irrespective of their nature and size, Aafaq has come up with an extensive portfolio of corporate financing products that deliver great flexibility and exceptional value. In addition to these products, Aafaq has also introduced innovative services such as Labour Guarantees, Wages Protection System, Smart Payment Tools and Top-up services. The company takes pride in having strong and decisive partnerships with various reputed institutions and government organizations in the UAE.
The highly talented team at Aafaq led by its visionary leadership diligently strives to deliver excellence, ensuring complete satisfaction of all of its clients. The company has adopted the same honest and inclusive approach towards its employees, offering them ample opportunities to grow. By establishing win-win relationships in every sphere, Aafaq continues to contribute to making Dubai, the capital of the Islamic economy and while at it, winning awards and gain recognition for business excellence and employee welfare.
Act with Integrity
We will always do the right thing, for the business and for our stakeholders.
Own and Deliver
We will grow the business by taking ownership of tasks, commitments and quality.
Collaborate and think Customer
We will work together as one team, to ensure our customers get a great and consistent experience at every touchpoint
Show and Earn Respect
We will treat everyone with dignity and respect and value everyone's contribution
Move with Pace
We will grow the business by taking ownership for tasks, commitments and quality
Board of Directors
The International Aseptic Paperboard Manufacturing LLC, which is the nation's first aseptic paper factory, was set up and launched by Mohamed, who was also instrumental in setting up and launching a number of other significant industrial projects in the UAE. He has demonstrated his ability to provide proper instruction and leverage his experience as a board member, including the Emirates Business Group, Mawarid Holding Investment L.L.C, Al-Bustan Group for Investment L.L.C, Emirates International Group for Food and Agriculture L.L.C, Gulf Pied, Albustan Farms Limitada, and Stone Wing II L.L.C.
Mohamed holds a Bachelor's degree in Business Administration from California State University, USA. His professional skills, achievements, and experience have earned him recognition in the industry, making him a valuable asset to any company he works with. Mohamed's expertise in diverse business domains, leadership skills, and ability to make crucial decisions have enabled him to deliver exceptional results, making him a respected figure in the business world.` ">
Mr. Muhammad Abdul Jaleel Al Blooki
Mohamed Abdul Jalil AlBlooki is a highly qualified director who has held directorship and senior managerial positions for more...
At present, Marwan serves as the Group Chief Executive Officer of Emirates Business Group in Abu Dhabi, UAE, a leading business group with diversified activities such as trading, manufacturing, financial services, real estate, industrial, hotels, food and beverage, forests and natural resources management, oil and gas, and other activities within and outside the UAE. His extensive experience in leadership roles and his ability to drive growth and achieve business objectives have been crucial in his current position.
Marwan has held a number of senior executive positions in well-known businesses like Dubai Group (Member Company of Dubai Holding), Al Futtaim Group, Mashreq Bank, the Dubai Chamber of Commerce, and Deloitte Touche Tohmatsu in addition to his current position. In addition, he has been a member of various committees and boards for a number of businesses, including Al Fajer Re-Takaful Company, ACR Re-Takaful Holdings Limited, Emirates Re-Takaful Company, Bank Islam Malaysia Berhad, Jordan Dubai Islamic Bank, and Noor Takaful General and Life. Marwan is a highly sought-after business leader in the UAE and beyond due to his diverse experience and expertise.` ">
Mr. Marwan Hassan Al Khatib
Marwan Hassan Ali El Khatib is a cultivated business pioneer with broad involvement in various fields, including business advancement,...
Before joining Gerab National Enterprises, Abdullah worked for Emirates Industrial Bank for over 21 years, where he held various positions in different departments.
Abdullah holds a Master’s degree in Economics from the University of Denver, Colorado, USA.
Abdullah has held board positions at Emirates Financial Services PSC, Emirates NBD Assets Management Ltd, Emirates NBD Capital Ltd, Bank Islam Malaysia Berhad, and TECOM Investments LLC. Presently hold board position at Dubai Group 2024, Acacia Investment B.S.C., LTD, Awaji Materia (Thailand) Co. Ltd, MAHY Khoory & Co. LLC, Tubacex Service Solutions Middle East FZCO, Aafaq Islamic Finance, and Dubai Financial Services Authority.` ">
Mr. Abdullah Abdul Rahman Sharafi
Abdullah A. Sharafi is the Managing Director of Gerab National Enterprises since 2004.
Before joining Gerab National...
In February 2021, he joined Mawarid Holding & Investment as the Group CEO, responsible for the daily operation, business strategy, new investments, growth, and development of the company's twelve subsidiaries. Under his leadership, the company has not only grown steadily, but has also demonstrated resilience in the face of challenging market conditions.
Before joining Mawarid Holding, Ayman spent over 27 years with Orascom Construction, where he played a vital role in the expansion of the company in the Middle East and particularly in the GCC. He established branches and offices for both Orascom and Contrack Watts Inc. (an American company subsidiary of Orascom) in Bahrain, UAE, Kuwait, and Qatar. His last position with Orascom Construction was Managing Director for GCC and Managing Director of Orascom USA in the MENA Region.
Ayman holds a Bachelor of Science degree in Civil Engineering from Alexandria University, Egypt, and has attended several training and courses in Management and Finance.` ">
Mr. Ayman AlGayar
Ayman El Gayar is a seasoned executive with over 35 years of diverse experience in the Middle East and...
With over 35 years of experience at the Commercial Bank of Dubai, where he held various senior positions, His contributions were instrumental in achieving the bank's growth and profitability. He served as Advisor to the CEO, Chief Operating Officer, and General Manager of Systems and Operations, to name a few.
He holds a business degree from IMD Lausanne, Switzerland, and completed a three-year study in the Department of Petroleum Engineering at the University of Riyadh in the Kingdom of Saudi Arabia. Mahmood Hadi’s hard work, commitment to excellence, and leadership skills make him a is a highly sought-after business leader due to his experience and expertise.` ">
Mr. Mahmoud Hadi
Mahmood Hadi is a highly accomplished professional with an extensive career in the banking and finance industry. Currently serving...
He is experiencedt in corporate governance, strategic planning, enterprise risk management, mergers and acquisitions, business restructuring, and change/transformation programs. He has assisted CEOs, Executive Committees, and Boards of Directors with investments, business reorganization, and strategic planning. He has played an active role in key operating committees such as ExCo (Executive Committee), Asset & Liability (ALCO), Risk, Compliance, Regulatory, I.T. and Human Resources.
He has held leadership roles such as CFO of HSBC Singapore and 4 ASEAN countries, CFO of HSBC Hong Kong, and 13-country Asia cluster, and CFO of HSBC Saudi Arabia. He has extensive experience in balance sheet management, business performance management, financial accounting and reporting, controllership, tax planning, and expense control.
Mansoor has been instrumental in many strategic acquisitions, integration projects, and business restructuring holding a Chartered Accountant certification from the Institute of Chartered Accountants (England & Wales) in 1981.
Mr. Mansour Tirmzi
Mansoor Tirmzi is an experienced finance professional who has held successful CFO leadership positions with Citigroup and HSBC in...
During his tenure, Bank Islam turned around its financial performance from a loss of more than RM 1 billion in 2016 to a profit of nearly RM 1 billion by the time he left in 2017.
He has received numerous prestigious awards for his contributions to the banking industry, including the 2016 International Banker Asia & Australasia Banking Awards' "Banking CEO of the Year Asia" honor. In addition, Kolej Universiti INSANIAH (KUIN), conferred upon him an Honorary Degree in Finance and Islamic Banking. The values-based leadership of Dato' Sri Zukri prioritizes ethics and integrity over all other considerations. He is a firm believer in developing talent, placing the right people in the appropriate positions, and motivating others to succeed.` ">
Mr. Zukri BIN Samat
Dato' Sri Zukri is a highly respected figure in the banking industry, with over 30 years of experience in...
He spent over 16 years in Citi Bank where he held number of Executive roles in Risk Management, Consumer Banking, Wealth Management, Operation & Technology. In addition to his role as Group Chief Executive Officer, Mr. Hammoud is also a member of the board of directors of several prominent financial institutions in the region. His expertise and insights have been invaluable in shaping the direction and growth of these organizations, and his leadership has helped them achieve exceptional results. With his extensive financial sector experience, Mr. Hammoud has achieved remarkable success in enhancing business performance and maximizing profitability with a strong emphasis on innovation and digital transformation.
He has a proven ability to identify market trends, mitigate risks, and make astute investment decisions, ensuring optimal performance and delivering exceptional results. Mr. Hammoud is regarded as one of the most influential business leaders in the region, a highly sought-after speaker and a thought leader in the financial sector, regularly speaking at industry events and conferences. He also hold a Risk Management and Advanced Leadership Skills certification from state-of-the-art international leadership programs in the US, EMEA, and AP region. His insights and expertise have been instrumental in shaping the direction and growth of the Islamic finance industry, and his contributions to the field have been widely recognized.` ">
Mr. Hisham Hammoud
Mr. Hisham Hammoud is a seasoned banking professional and a highly regarded business leader with over 25 years of...
AL Jazirah Aviation Club - RAK
Arab Financial Services
Dubai Multi Commodities Center (DMCC)
Ministry of Finance
Ministry of Human Resources & Emiratisation
National Bonds Corporation PJSC