Mawarid Finance is a private joint stock company in Dubai, UAE providing Shari'a-compliant financial services. It was founded in 2006 with a paid-up capital of AED 1 billion. All of its products are based on Islamic financial principles such as Ijarah, Istisnaa, Murabaha, Mudharaba, Musharaka, Kafalah and Wakala and its practices are governed by a full Sharia board.It is the only finance company in the UAE that is completely independent.