Thriving Togetherالنـجــــــاح مـعــــــــ�
Thriving Togetherالنـجــــــاح مـعــــــــ�
CONTENTS
3 Introduction4 Vision Mission7 StrategicObjectives8 GeographicFocus SectorFocus11 Products Shareholders12 BoardofDirectors14 Sharia’aSupervisoryCommittee16 ContactInformation
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Innovative Islamic Investment Organization
TharawatInvestmentHouse“Tharawat”,establishedintheKingdomofBahrainon1stJune2008,hasanauthorizedcapitalofUSD100million,andholdsacategoryoneIslamicInvestmentFirmlicenseandoperatesunderthesupervisionoftheCentralBankofBahrain.
TharawataimstoaddhighqualitativevaluetotheIslamicinvestmentsectorintheGCC,aswellasotherIslamiccountries,through
innovativedevelopmentinvestmentandalargevarietyofinvestmentproductswhichprimarilyfocusesontheindustrial,agricultural,andservicessectors,withalesserdegreeoffocusonrealestateinvestments.
Tharawat’sinvestmentcriteriaaretoinvestin,orbuyexistingcompanies,intheGCCwithalesserdegreeoffocusoninternationalmarkets.Tharawatmain
revenuewillcomefromfoursourcesnamely;yieldingorincomegeneratingproductsduringthecomingyears,PrivateEquity,RealEstates,andAdvisory,Merger&Acquisitionservices.
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Vision
Mission
TobealeadingSharia’acompliantinvestmenthousecontributingtothedevelopmentofindustrial,agricultural,andservices
sectorsregionallyandinternationallyandtobeviewedasareferencestandardinthosesectors.
MaximizingTharawatstakeholders’values,through
• IntroducinghighqualitySharia’acompliantinvestmentproducts,withahighdegreeofriskmanagement.
• BuildingKnowledgeandexpertiseininvestingandmanagingindustrial,agricultural,andservicesrelatedinvestments,withalesserdegreeoffocusonrealestateinvestments.
• ContributingtothesocioeconomicdevelopmentofgeographicalfocuswhereTharawatwilloperate.
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Investment Philosophy
Strategic Objectives
• Seekstoearntheutmosttrustofinvestorsintermsof“Tharawat’s”capacitytoselectandmanagequalityIslamicinvestmentopportunities.
• Beattheforefrontofinnovativestructuringandmanagementofinvestmentstomaximizereturnsandmitigateandmanagerisks.
• Seekstocapitalizeonsynergieswithin“Tharawat’s”investmentportfolio.Developsinnovativeanddiversifiedinvestmentproductsthatwillassistourclientsin
maximizingreturnsandminimizingrisks.
• Primarilyfocusesonidentifying,investingin,andmanaginginvestmentsintheGCCcountriestocapitaliseonacquiredlocalknowledgeandexpertise.
• Recruits,develops,andretainsexpertstosupport“Tharawat’s”variousfieldsofinterest.Establisheshighqualityefficientnetworkofinternationalbusinesspartnerstosupportsustainabilityoftheneededknowledgeresources.
• Operatesthecapitalinahighlyandefficientmanner,andcontinuouslymaintainhighlevelofproductsandservicesofferedtoclients.
• BeactiveinmonitoringandresearchingthemostrecentdevelopmentsandtrendsinallsectorsandgeographiesofinteresttoTharawat.
• Attainefficiencyinitsoperationanditscommunicationwithitsshareholders,investorsandpartnersthroughuseofcuttingedgetechnologiesandsystems
Ourphilosophyistoassimilateentrepreneursandinvestmentbankerstostructurepioneeringproductsandservicestargetingmutualacceptablereturns.
Our ModelTharawatseeksopportunitiesthatareinlinewithitsinvestmentguidelinesandinveststhroughoneoftwoways;• Directinvestmentofits
owncapital,subsequently
offeringittootherinvestorsindirectlythroughafund.
• Createafundandseeditwithitsowncapital,strategicinvestors,andotherinvestors
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Our Focus
Geographic focus
TheeconomicprogressionintheArabianPeninsuladiffersfromcountrytoanotherwhichcreatesgreat
investmentopportunitiesfromlowrisktohighrisk.TharawatstrategyduringitsfirstfiveyearswillgiveattentiontotheGulf
CooperationCouncil(“GCC”)statesandYemen.Onaselectivebasismightchooseopportunitiesfromoverseas.
Industry Sector
Tharawat’spreferredinvestmentsectorsare:Logistics,Healthcare,Education,Food&Beverage,EnergyandRealEstateInvestments
Investment Conditions
DealValueUptoUSD100m.
Equity Preference• Tharawattoparticipate
throughcapitalincreaseand/orpartialcashoutofowner.
• Majoritystakewithminorityprotectionsrights.
Other Conditions• Boardlevelparticipation
toensureactiveroleofTharawat.
• TargetcompaniesmustbeSharia’acompliantorcommittopursuetobeingSharia’acompliant.
• Strongvaluespropositionanddistressedcompanieswillbeconsidered.
• Greenfieldprojectsmayalsobeconsidered.
• SelectivelyEuropeandFarEastmaybetargetedtoarbitragetechnologyandexperiencetoserveregionalinvestments.
Types of Investments:PrivateEquityVentureCapitalAssetManagementInvestmentBanking
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Shareholders
Tharawat’sshareholderbaseconsistsofahomogenous
blendofhighlycreditworthyprivateestablishmentsand
individualsfromvariousGCCcountries.
State Share in USD million Percentage
StateofQatar 15.60 46.92%
KingdomofSaudiArabia 10.80 32.48%
KingdomofBahrain 4.85 14.59%
UnitedArabEmirates 2.00 6.01%
Total 33.25 100.00%
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Board of Directors
Mr.SaeedBinAbdullaAlMisnedChairman - State of Qatar
Mr.AliBinHusainAlSadahDirector - State of Qatar
Mr.SaadAbdulmohsinAlRossaisVice Chairman - Saudi Arabia
Dr.OthmanBinKhalidAlDajaniAlOtaibiDirector - Saudi Arabia
Mr.KhamisMohamedKhamisAlShamsiDirector - United Arab Emirates
Mr.NasirSalimAlShamsiDirector - United Arab Emirates
Mr.BaderJassemBouRashedDirector - State of Kuwait
Mr.AhmedA.KZahranDirector - United Arab Emirates
Mr.ArifMohammedAlAlawiFounder, Director and CEO - Kingdom of Bahrain
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Board of Directors
Mr. Saeed Bin Abdulla Al MisnedChairmanStateofQatar
•DegreeinFinance-DenverUniversity,Colorado-USA
•Chairman-DolphinHoldingCo.•ViceChairman-QatarDevelopmentBank•Ex-CEOQatarNationalBank.•BoardTrustee-QatarLeadershipAcademy.•QatarRepresentativeintheGCCEconomic
SummitForum.•AdvisoryBoardMemberoftheGCCEconomic
SummitForum.
Mr. Saad Abdulmohsin Al RossaisViceChairmanSaudiArabia
•PHDResearcher•MasterDegreeInBusinessAdministration•BachelorDegreeInBusinessAdministrationfrom
KingSaudUniversity•Chairman-SaadAlRossaisRealEstate&
CommerceGroup•Chairman-Saudi-UkrainianBusinessCouncil•Boardmember-ConfederationofEmployersof
theIslamicChamberofCommerce.
Mr. Ali Bin Husain Al SadahDirectorStateofQatar
•DirectorandChairmanofExecutiveCommittee|Chairman|StateofQatar
•BSCSharia’a-Sharia’aCollege-UniversityofQatar.
•Chairman-SyrianQatariCompany.•ManagingDirector-AlRowaisInvestment
Company.•BoardMemberandExecutiveCommitteemember
ofAl-SafwaIslamicFinancialServicesCompany-UAE.
•BoardMember-MarinaTransportationCo.•FormerBoardMember-NationalBankofQatar.
Dr. Othman Bin Khalid Al Dajani Al OtaibiDirectorSaudiArabia
•PhDincommerciallawfromtheAmericanUniversityofLondon
•MasterdegreeinSharia&LawfromtheGulfUniversityofBahrain
•BachelorofShariafromImamBinMohammedIslamicUniversity
•OwnerofLawFirmofDr.OthmanKhalidAl-DajaniLawyers&LegalAdvisors
•Ex-HeadoftheLegalDept.attheSaudiFransiBank
•Ex-LegalConsultantoftheArabNationalBank•Ex-LegalConsultantofRajhiBankingCo.
Mr. Khamis Mohamed Khamis Al ShamsiDirectorUAE
•Bachelor’sDegreeinAccounting,Businessadministration
•HeadofDomesticBankingDivision-NationalBankofAbuDhabi
•Ex-GeneralAuditor-FirstGulfBank•Ex-AssistantManagerofInternalAuditDept.-
CentralBankofUAE
Nasir Salim Al ShamsiDirectorUAE
•BSC-BusinessAdministration-Accounting.•FormerFinancialAnalyst-AbuDhabiInvestment
Authority•ChairmanandRepresentativeofLateSaeed
SultanAlDarmakiGroup;•AlDarmakiGroup•AlDarmakiGeneralTradingEst.•AlDarmakiGeneralTrading&ContractingCo.•AlDarmakiEst.forRepresentingCompanies.•WorldofFurnitureEst.,AtlasTravel,Crystal
HouseCo.&BabyFashionEst..
Mr. Bader Jassem BouRashedDirector,StateofKuwait
•BachelorofBusinessAdministration&CommercefromUniversityofKuwait.
•ChairmanandMember-AthmanInvestmentcompany
•Chairman-MunshaatRealEstateProjectsCo.K.S.C
•Chairmanandamember-GulfInvestmentCorporation
•Ex-ExecutiveAdvisor-ArifGroup•Ex-GeneralManager-MassalehInvestments
Mr. Ahmed A.K ZahranDirectorUAE
•BachelorofAdministrationSciencesandAccounting,AlYarmoukUniversity,Irbid,Jordan
•VicePresident/Investments-EmiratesNationalInvestmentLLC
•Ex-GeneralManager-TimeProperties•Ex-GeneralManager-AlGhurairTrading
L.L.C.(holding)•Ex-CentralPurchaseManager-GlobalLink
Communication-TelefonikaandRadioShack•Ex-ExternalAuditor-Audit&TaxConsultation
Office-Jordan•Ex-Accountant-MaltranceShippingAgency-
UASC&MESSINALines-JordanBoardmember-RealEstateCompany..
Mr. Arif Mohammed Al AlawiFounder,DirectorandCEOKingdomofBahrain
•Founder,DirectorandCEO|KingdomofBahrain•PostgraduatestudiesinInternationalMarketing-
UniversityofStrathclyde-UK.•B.Sc.inIndustrialManagementmajoringin
InformationSystems-KingFahdUniversityofPetroleum&Minerals(KFUPM),SaudiArabia.
•FounderofAl-SafwaIslamicFinancialServicesCompany-UAEandformerBoardMemberandExecutiveCommitteemember.
•ProgressedthroughseveralleadingandexecutivepositionsinbothGulfFinanceHouseandArcapitaBank.HewastheRegionalManagerofbothinstitutionsintheUAE,SaudiArabiaandQatar..
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Sharia’a Supervisory Committee
Inadditiontotheregulatoryrequirements,andsupervisionbytheCentralBankofBahrain,TharawatalsohasanexternalSharia’asupervisorycommittee.
ThiscommitteeisresponsibleforensuringthatallofTharawat’sproducts,servicesandoperationsareSharia’acompliant.ThemembersofTharawat’sSharia’asupervisorycommitteeare:
Rev. Shaikh Nedham Mohamed Saleh Yacoubi,Chairman
Rev. Shaikh Dr. Mohammed Sultan Alolama,member
Rev. Shaikh Osama Mohammed Bahar,member
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His Eminence Shaikh Nedham Mohammed Saleh YacoubiChairman
•Bahraininationalbornin1959-Married.
Academic Qualifications•Ph.D.candidate-UniversityofWales-Sharia’a
&Lawsection.•MBA-McGillUniversity-Montreal-Canada.•Religiousstudiesscholarandholderofvarious
religiouslicensesundertheguidanceofmanyprominentscholarsinandoutsideBahrain.
•Authorof4books;heconductedmanylegalandSharia’acourses.
•Deliveredmorethan500lecturesandFridaysermons.
Practical Experience•Businessman.•MemberofSharia’aSupervisoryCommittees
forseveralIslamicandinvestmentbanksworldwide.
His Eminence Shaikh Dr. Mohammed A. Rahim Sultan AlolamaMember
•UAEnational,bornin1959-Married.
Academic Qualifications•Ph.D.inJurisprudence-UniversityofOmAl
Qura-Makkah1998.•MBAwithdistinctionandrecommendationfor
printingthethesis-UniversityofOmAlQura-Makkah1991.
•BA-Sharia’aCollege-AlIslamiaUniversity-MedinaMonawara-1984.
Practical ExperienceAssociateProfessor-FacultyofLaw,UAE.•Head,manager,supervisorandmemberof
manyscientificandadministrativecommitteesthroughouttheUAE.
•HeadandmemberofvariousSharia’aSupervisoryCommittees.
His Eminence Shaikh Osama Mohammed BaharMember
•Bahraininational-Married
Academic Qualifications•ThirdyearofMasterDegreeatAlEmamAl
AwzaeUniversity,(Beirut).•BachelordegreeinIslamicSharia’afromPrince
AbdulQaderUniversityofIslamicStudies,(Algeria).
Practical Experience•HeadofSharia’aCompliance-AlSalamBank-
Bahrain.•Sharia’aSupervisoryCommitteemember
atvariousIslamicinvestmentbanksandinstitutionsinandoutsideBahrain.
•Ex-LectureratBahrainInstituteforBankingandFinance(BIBF).
•TVreligiousprogramseditorandpresenter.•FridayPrayerImamandPreacher.
Sharia’a supervisory Board
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Our Placement Team
Our Management Team
Name Title Tel Fax Email
ArifAlAlawi ChiefExecutiveOfficer
A.RaheemAlSaeedi ExecutiveDirectorPlacement (+973)17560758 (+973)17910102 [email protected]
Mr.Mohan ChiefFinancialOfficer (+973)17560768 (+973)17910430 [email protected]
MontherAlBasri DirectorRiskManagement,Compliance&MLRO (+973)17560788 (+973)17910788 [email protected]
ViswanathKrishnan DirectorInvestment (+973)36454616 (+973)17910108 [email protected]
RamiJuma DirectorInvestment (+973)17560755 (+973)17910658 [email protected]
KhalidAlKhayat DirectorCorporateCommunication (+973)17560789 (+973)17920333 [email protected]
KhalidSharif DirectorOperations (+973)17560757 (+973)17910659 [email protected]
Afnansaleh DirectorHumanResources (+973)17560774 (+973)17920101 [email protected]
Name Title Tel Fax Mob Email
A.RahimAlSaeedi Exe.DirectorPlacement (+973)17560758 (+973)17910102 (+973)39461366 [email protected]
A.RahmanAlMalki DirectorPlacement (+973)17560751 (+973)17910955 (+973)36700900 [email protected]
FaisalSameerElias ManagerPlacement (+973)17560785 (+973)17910777 (+973)39333151 [email protected]
MohamedHaji ManagerPlacement (+973)17560753 (+973)17910753 (+973)39424842 [email protected]
HamadAlJassim OfficerPlacement (+973)17560784 (+973)17910292 (+973)36443333 [email protected]
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Corporate Social Responsibility (CSR)
Capitalismsupportsasystemwheremoneyisinonlyafewhands,whereascommunismallowsallhandstohavenomoney.Suchsystemshavehadadestabilizingeffectonsocietyandeconomicstructuresaroundtheworld.Thisdestabilizationhasbeeninheritedbyanimperfectmankindwhocreatedthesesystems.Today,mankindisinneedofamoderatesocialframeworkthatshouldprovidesolutionstoproblemscreatedbytheseimperfect,manmadesystems.
IslambelievesthatallwealthbelongstoAllah(the“Creator”)andweareentrustedwithit.Inotherwords,Islamensuredfreedomwithcontrols;a
freedomthat,inallcases,willnotleaveouttherightsandwell-beingofsociety.MuslimsbelievetheimpeccableCreatorhasformedafaultlesssystemthatsuitsallerasandgenerationsandthatIslamensuresequaldistributionofwealth,atthesametimecreatingamotiveforproductivitybyprovidingthefreedomtoseekpersonalwealth.
AsaninvestmentcompanyworkingunderSharia’acompliancy,Tharawatcommitstocontributingtotherealeconomywhilebeingresponsibleforthequalityoflifeofitsmembersandtheirfamiliesaswellassocietyasawhole.
Tharawatstudiesitsactivities’impactonsocietybeforemakinganycorporatedecisions.Ithasthereforeshapedacorporateselfregulationsystemandintegrateditintoitsbusinessmodel.
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TharawatInvestmentHouse“Tharawat”
POBox75780
SeefDistrict,KingdomofBahrain
Off(+973)17560777
Fax(+973)17560778
Contact Information
Thriving Togetherالنـجــــــاح مـعــــــــ�
tharawat.net
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