Mawarid Finance accepts applications for Tamaiaz Award

Judging committees will begin reviewing submissions and decide which entries will qualify for the final stages.

Rehab Lootah, Mawarid's head of business development and corporate communications who chairs the Tamaiaz Award executive committee, said that the specialised committee has agreed on standards that give participants equal opportunities to advance.

Entries will be scored on different factors, including content, clarity of ideas, convenience levels, and the personal ability of applicants to communicate their ideas verbally.

The executive committee has determined seven categories for the award: media and mass communications, banking and finance, accounting and auditing, sharia'a and law, information technology, marketing and sales, and leadership. UAE national students and graduates are invited to submit innovative projects that will be judged by the Tamaiaz Award committees.

Lootah stressed that in appreciation of the work of academic institutions in enhancing the skills of national students, Mawarid will honour those with the highest number of participants and the highest number of winners.

Mawarid has already arranged visits to universities and colleges to promote the award among academic professionals and students and coordinate with the heads of these academic institutions.

The Tamaiaz Award has been launched with an annual budget of AED 1 million as part of Mawarid's policy to be an active contributor to the Emiratisation drive in the private and public sectors. The award is designed to enrich the competitive spirit in science and education and fill the traditional gap between academic knowledge and job market requirements.

Mawarid seeks to boost the competitiveness and creativity of UAE nationals pursuing higher education degrees in UAE universities and colleges, encouraging and rewarding creativity and innovation among students and new graduate Emirati citizens, in turn boosting their chances of finding suitable jobs to match their skills.

Mawarid Finance is a private joint stock company established in Dubai, UAE, towards the end of 2006 with a paid-up capital of one billion dirhams. The company plans to introduce a new vision within the Islamic finance sector to both retail and corporate customers in the region.