FAJR - Key Persons
The Chairman, Mr Mohammed Al Jaber, stated that "Fajr's license was announced during The Lord Mayor of London's visit to Bahrain in February. It is the result of concerted efforts of both the Bahraini and British shareholders due to their dual interest and the constant assurance to deliver the highest levels of expertise in bringing skill and experience from both regions."
Job Titles:
- Member of the Executive Committee
- Vice Chairman
- Member of Nomination, Remuneration & Governance Committee
Job Titles:
- Member of the Board
- Member of the Executive Committee
- Member of Nomination, Remuneration & Governance Committee
Job Titles:
- Senior Commodity Trading Officer
Job Titles:
- Member of the Audit Committee
- Member of the Executive Committee
- Member of Nomination, Remuneration & Governance Committee
Job Titles:
- Member of the Audit Committee
- Compliance Officer / MLRO
Job Titles:
- Member of the Executive Committee
- Member of Nomination, Remuneration & Governance Committee
Job Titles:
- Independent Director
- Member of the Audit Committee
- Member of the Board
- Member of the Executive Committee
- Member of Nomination, Remuneration & Governance Committee
The role of the Executive committee (‘ExCom') is to develop the strategy of the Company for the Board's approval and to also guide, monitor and coordinate the management as well as the performance, in line with the Company's strategy, including business plan and budget approvals by the Board. The Executive committee will also assist the Board of Directors in maintaining oversight of financial requirements through an Audit and Compliance Committee, thus ensuring and maintaining oversight of the company's internal control, risk management and overall business environment. The ExCom also carries out duties delegated to it from time to time, as stated by the Board of Directors.
Job Titles:
- Chairman
- Chairman of the Audit Committee
- Chairman of the Executive Committee
- Chairman of Nomination, Remuneration & Governance Committee
In a signing ceremony, held in Fajr Investment Advisory BSC (c) headquarters in the Kingdom of Bahrain on 8th May 2008, his Excellency, Shaikh Hisham bin Abdulrahman Al Khalifa inaugurated the joint Bahrain and British venture.
The ensuing Constituent General Meeting, chaired by his Excellency, was attended by the shareholders, representatives from the Ministry of Industry and Commerce and, The Central Bank.
On this occasion, his Excellency stated: "Bahrain is a prestigious Financial Centre in the Gulf and Middle East which is growing particularly in Islamic Banking activities...," he continued: "We recognized a gap in the market and established Fajr Investment Advisory as being a first of its kind in this region. Our activities will be focused on providing a number of Sharia compliant commodity services, structured transactions with a vision to develop investment in clean technology implementation and the rapidly growing carbon emissions market."
His Excellency then thanked all the ministries for efficiently facilitating the establishment of Fajr, and commended the efforts extended by the Bahrain Investment Centre, The Central Bank and the Ministry of Industry and Commerce.
Shaikh Hisham then introduced the elected Chairman of the Board; Mr. Mohammed Al Jaber and the respective Board Members; Shaikh Mohammed bin Abdul Rahman Al Khalifa, Mr Tracy Scott Elner, Mr Ziyad Janahi and Mr Ali Khalil AlSharifi.
Sheikh Waleed Abdulmonem Al-Mahmood is a prominent, highly-respected Sharia scholar in the Kingdom of Bahrain holding a degree in Sharia Law from Al-Azhar University in Cairo, Egypt and a Master's degree from American Open University. In 2005, he served as a Sharia Judge in the High Court at the Ministry of Justice and Islamic Affairs and in 2007, he served as a Member of the Sharia Supervisory Board of Al Baraka Islamic Bank. Sheikh Waleed is a member of the Islamic Society in Bahrain and continues to participate in various specialized Fiqh (jurisprudence) conferences and seminars, as well as contributing towards teachings in mosques in Bahrain.