Mawarid signs up as Al Nasr sponsor

Notes and media contacts

Mawarid Finance
Mawarid Finance is a new 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.
Mawarid Finance is the only finance company in the UAE that is completely independent.

The company's shares are distributed across 352 shareholders, with companies or organisations owning not more than 5% each of the capital and no individual shareholder's stake exceeding 2.5%, giving the company the operational freedom to secure a leading position in the Islamic banking market in the UAE.

Mawarid Finance specialises in the competitive development of Sharia'a compliant financial services, focusing on rapid growth through outstanding customer service.

Mawarid Finance is structured as an integrated financial institution that specialises in providing all services related to finance and business, responsive to the rapid growth taking place in Dubai and modelled on the spectacular development of Dubai and the UAE as a whole.
Mawarid draws its strength from a solid vision for the future articulated by a team of leading industry professionals, a close-knit network of strategic partners and business associates, and the financial backing and support of well-established shareholders.

Mawarid's mission is to create superior and exceptionally innovative Sharia'a- compliant products and services, sustaining high-quality performance and maximising market share to become the first choice provider of Islamic financial solutions in a modern business environment.

Al Nasr Club
The Victory Sports Club in Dubai is considered the Dean of the clubs of the United Arab Emirates, the club was founded in 1945 when a number of young people gathered and exercised a game of football under the name of (Al-Ahli), and the name changed later to (Victory) in 1960, when a group of youths led by Sheikh Manea bin Khalifa Al Maktoum, the headquarter of the club moved to Al Shindagha, and in the sixties His Highness Sheikh Zayed bin Sultan Al Nahyan visited the club and gave a large gift to the club, and in that period His Highness Sheikh Hamdan Bin Rashid Al Maktoum became Chairman of the Club. The club moved to the new location and By

His Highness Sheikh Rashid bin Saeed Al Maktoum Al Maktoum Stadium opened in 1978., the youth people of the club had exercised number of games by that time till it reached thirteen game nowadays, and won a number of championships in most games, and in particular President Cup and local league more than once.

For more information, please contact:

Maysoon Baraky or Yasmine Al Husseiny
Milestones Marketing Communications
Dubai Media City - UAE
Tel: +971-4- 3914867
Fax: +971-4-3678097