"Aafaq Islamic Finance" Announces Winners Seventh "Sahobat" Monthly Draw

Press release
Published September 12th, 2021 - 11:33 GMT
"Aafaq Islamic Finance" Announces Winners Seventh "Sahobat" Monthly Draw
During the event
Aafaq Islamic Finance announces the winners of its seventh monthly draw of “Sahobat” in the presence of a representative of the Department of Economic Development

Aafaq Islamic Finance, the leading institution in the financial sector and offering Sharia-compliant financial products and services across the UAE and the region, announces the winners of its seventh monthly draw of “Sahobat” in the presence of a representative of the Department of Economic Development in Dubai to reward its individual and corporate clients.

Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance, said, “Every month, we honor our loyal customers via the “Sahobat” product launched to express our appreciation to customers. There is remarkable demand from companies and institutions for our rewards initiatives to earn competitive profit rates, in addition to the draws that gives them opportunities to earn additional cash that contributes to the expansion of their projects".

Al-Qubaisi praised the efforts of the "Aafaq" team and their continuous success in creating various opportunities for small companies to deposit investment deposits in the form of a wakala, allowing them to earn at competitive profit rates. He stated that "Aafaq" will continue to launch pioneering products and services that contributes to achieving their financial goals.

Muhammad Al-Dosari, Business Director at aafaq Islamic Finance, in turn, congratulated the winners of the seventh monthly draw while referring to the announcement of 10 monthly winners of the “Sahobat” prizes, 5 winners of the “Sahobat Gold” prizes, and 3 additional winners every three months with cash values ​​up to 10 times the invested value, with an indication that 3 additional draws will be held in the period from July 1 to December 31 2021.

The following is a list of the winning companies in the seventh monthly draw:

* Sahobat Winners:

1- Fresh Park Supermarket - One Person Company LLC

2- Sabi Electromechanical Works LLC

3- Moon supply for furniture

4- Pasteur Restaurant (a branch of Pasteur Trading LLC)

5- Al Barari Oasis for Paint Contracting

6- Automatic shine grille

7- Sher Nawaz Technical Services LLC

8- Elysee Beauty General Trading LLC

9- CV Tech Consultants Engineers

10- La Belle Chocolate and Flowers - Branch 4

* Winners of the "Sahobat Gold":

1- Emirates Pearl Construction LLC

2- Bayanat Airports Engineering and Supplies Company LLC

3- Jamal Al Marri Mobile Phone Trading LLC

4- Performance Employment Services LLC

5- Jamal Al Marri Mobile Phones Trading LLC


Background Information

Aafaq Islamic Finance

Backed by an eminent and respected group of shareholders, aafaq Islamic Finance was established in 2006 to provide innovative Islamic financial services and products that comply with Islamic Sharia, across the UAE and the Region. aafaq appears on the lists of many major financial institutions who offer a variety of high-quality financial services for a diverse range of Institutions. The full autonomy enjoyed by the company gives it a unique standing among finance companies in the UAE.


The Company‘s strategic focus is on exploring and discovering available opportunities within various business sectors in order to achieve the highest return for shareholders and the most benefits for the community. Strong Strategic partnerships are held with the Ministry of Finance, the Ministry of Labor, Dubai Economy, DMCC, Nasdaq and Tas’heel Centres.

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