Updates & Announcements

Aafaq Islamic Finance Leads Emiratization Efforts in UAE and Empowers Female Emiratis

Aafaq Islamic Finance, a leading provider of Shariah-compliant financial products and services, is playing an active role in promoting Emiratization and supporting the UAE government's efforts to increase the participation of Emiratis in the country's workforce.

As part of its commitment, Aafaq has implemented several initiatives to attract, develop, and retain Emirati talent. The company has established a dedicated Emiratization Department to oversee and drive its Emiratization efforts, which includes identifying job opportunities, providing training and development programs, and offering career advancement opportunities to Emirati employees.

Aafaq has been also committed to empowering female Emiratis in the workplace as a step towards creating a more inclusive and diverse society in the UAE. The company's initiatives demonstrate that gender diversity and female empowerment is not just a social responsibility, but also a business imperative that can drive growth and innovation.

"Our Emiratization efforts reflect our commitment to supporting the UAE's vision to build a sustainable future and promote the participation of Emiratis in the country's workforce," said Mr. Hisham Hammoud, CEO of Aafaq Islamic Finance. We believe that Emirati talent is key to the success of our business, and we are committed to providing a supportive and inclusive workplace that enables our Emirati employees to thrive and grow”. He also added “We are committed to creating a workplace that is inclusive and supportive of all employees, particularly female Emiratis. Our initiatives aim to attract, retain, and develop female talent, and we are proud of the progress we have made so far. We believe that diversity and inclusion are essential for the success of our business, and we will continue to invest in initiatives that support these values."

Chief Human Capital Officer at Aafaq Islamic Finance added “Our Emiratization efforts have resulted in a significant increase in the number of Emirati employees, with Emiratis now making up 21% of the company's workforce. We are proud of our achievements and will continue to work towards further increasing the participation of Emiratis in our workforce”. She also said, “As part of Aafaq efforts to support female Emiratis, the company has implemented various initiatives that will provide female employees with mentorship and training opportunities, as well as access to networking events and resources that can help them achieve their goals.”

Aafaq Islamic Finance has also partnered with several educational institutions in the UAE to provide internships, scholarships, and training programs to Emirati students, as well as to support research and innovation in the field of Islamic finance. As a result of these initiatives, Aafaq has been able to attract and retain top Emirati talent, with Emirati employees holding key positions across the organization.

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