Al Masraf has stood in the forefront promoting joint economic ventures among its partners The UAE, Libya & Algeria. By providing world class banking & trade finance services in the gulf region Al Masraf strives to achieve its vision of becoming an innovative and preferred financial partner for all banking services in the region.

Leading the way to a progressive and futuristic bank

Board of Directors

Mr. Farhat Omar Ben Gdara

Chairman

A committed team of highly experienced banking professionals

Management

Mr. Charles Doghlass

Acting Chief Executive Officer

Mr. Farhat Omar Ben Gdara

Chairman

Leading the way to a progressive and futuristic bank

Board of Directors

Mr. Charles Doghlass

Acting CEO

A committed team of highly experienced banking professionals

Management

vision

To become an innovative and preferred financial partner for all banking services in the region.

mission

  • Become the first choice bank for customers with best-in-class products and services.
  • Be an employer of choice to attract, develop and retain high profile employees.
  • Benefit our investors with sustainable Return on Investment (ROI) and continuous success.
  • Contribute to society through active participation in the regional economic development initiatives.

values

  • Progressive
  • Connected
  • Trusted

Share Holding Structure

Emirates Investment Authority 42.28%

Emirates Investment Authority which is owned by the UAE federal government, owns a shareholding of 42.28% in Al Masraf.

Libyan Foreign Bank 42.28%

Libyan foreign bank, which is fully Owned by the Central Bank of Libya with an authorized capital of 3000 million Libyan Dinars, owns 42.28% in Al Masraf.

Banque Exterieure d’Algerie 15.44%

A state and commercial bank, established in Algeria on October 01, 1967, which is wholly owned by the Algerian government, owns a shareholding of 15.44% in Al Masraf.

H.E. Farhat Omar Ben Gdara

Chairman

H.E. Mohamed Saif Al Suwaidi

Vice Chairman

Mr. Mustapha Makhlouf

Director

H.E. Raja Mohammed AlMazrouei

Director

Mr. Khalaf Sultan Al Dhaheri

Director

Mr. Ahmed AlSidieg Al Sharkasi

Director

Mr. Mustafa Al Manea

Director

Sheikh Prof. Dr. Jassim Ali Al Shamsi

Chairman of the Committee and Executive Member

His Eminence is a member of the Higher Shari’ah Authority of the Central Bank of the UAE in its first formation in the year (2018 – 2021) and second formation in the year (2021 – 2024). He also currently chairs the Presidency and membership of the Internal Shari’ah Supervision Committee of several Islamic financial institutions. His Eminence Previously chaired the position of Dean of Shari’ah and Law at the UAE University.

His Eminence Sheikh Dr. Ali Husain AlJunaidi

Member of the Internal Shari'ah Supervision Committee

His Eminence is Associate Professor in the Department of Shari'ah and Islamic Studies at the United Arab Emirates University, holds Ph.D In Islamic Jurisprudence and its Foundations "Al-Figh and Usoolah" from the University of Jordan. He also currently chairs the Presidency and membership of the Internal Shari'ah Supervision Committee of several Islamic financial institutions in the UAE.

His Eminence Sheikh Dr. Mohammed Ahmed Al Hamed

Member of the Shari'ah Supervision Committee

His Eminence is a lecturer at the United Arab Emirates University, and holds a PHD in comparative jurisprudence from Omdurman Islamic University as well as a PHD in commercial law from Gloucestershire University - United Kingdom. He has peer-reviewed and published research in jurisprudence and Islamic banking, and he has also supervised on many scientific researches in the same field. He is currently a member of the internal Shari'ah Supervision committees of several Islamic financial institutions in the UAE.

Mr. Charles Doghlass

Acting Chief Executive Officer

Mr. Rohit Kumar

Chief Risk Officer

Mr. Masood Safar Al Majedi

Chief Compliance Officer

Mr. Moath Ahmed Mustafa

Chief Internal Audit Officer

Mr. Nitin Bhargava

Chief Operation Officer

Ms. Safeya Almarzooqi

Chief Credit Officer

Mr. Ammar Husain

Chief Human Resources Officer

Mr. Razi Heyasat

General Counsel & Board Secretary

Awards

Fitch Affirms Al Masraf at 'A'

Al Masraf named ‘2021 Best Customer Service in Investment Banking’ at 2021 Transformation Leadership Awards

Al Masraf wins the prestigious Sheikh Khalifa Excellence Award 2021 in silver category

al masraf wins the dubai quality appreciation award 2018

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