Our Story
Established
Jul 2006
Shoraka, established in Dubai in 2006, initially operated as Shoraka Advisory Services (SAS), providing strategic advice to Middle Eastern investors with a focus on Malaysia and Southeast Asia. In 2008, the firm expanded into investment management and private equity, acquiring WSQ Investment Management in London and other assets.
Restructuring
Mid 2023
By 2017, Shoraka entered the Financial Technology (Fintech) sector, experiencing significant growth, in mid-2023 the group underwent a strategic restructuring, retaining only its Fintech division under Shoraka Digital. This transformation allowed the company to concentrate on Fintech, driven by the leadership of the co-founders of its financial business units
Our DNA
Ambitious
Actively Expanding
We are dedicated to offering digital solutions and are committed to expanding portfolios to provide diversified offerings related to liquidity management. The company is actively pursuing global expansion efforts, with a focus on entering the MENA (Middle East North Africa) and SEA (South East Asia) regions.
Financial Experts
Proven Track Record
We have over 100 years of experience in the financial industry collectively within our management team. Our clients can leverage on our expertise to scale up ideas and innovation to be market ready.
Innovative
Stay Current
We are market disruptors, always on the look out to invest and cultivate our in-house solutions seeking to improve and automate the delivery and use of financial services.
Risk Savvy
Risk Management Excellence
We know that taking risks in business is a necessity. We ensure proper risk mitigation, management and due-diligence with all our business deals.
Ambitious
Actively Expanding
We are dedicated to offering digital solutions and are committed to expanding portfolios to provide diversified offerings related to liquidity management. The company is actively pursuing global expansion efforts, with a focus on entering the MENA (Middle East North Africa) and SEA (South East Asia) regions.
Financial Experts
Proven Track Record
We have over 100 years of experience in the financial industry collectively within our management team. Our clients can leverage on our expertise to scale up ideas and innovation to be market ready.
Innovative
Stay Current
We are market disruptors, always on the look out to invest and cultivate our in-house solutions seeking to improve and automate the delivery and use of financial services.
Risk Savvy
Risk Management Excellence
We know that taking risks in business is a necessity. We ensure proper risk mitigation, management and due-diligence with all our business deals.
Shariah Advisor
International Shari'ah Research Academy for Islamic Finance
Established in 2008 by the Central Bank of Malaysia as an Islamic finance and Shariah-related research institution.
Acts as a repository of knowledge for Shariah views (fatwas) and undertake studies on contemporary issues in the Islamic financial industry led by the Council of Scholars compromised of local and international Shariah scholars.
Suyula Platform endorsed by Dr. Zaharuddin Abd Rahman as Shariah Compliant
Adjunct Professor Dr. Zaharuddin Abd Rahman has extensive 18 years of corporate, banking and finance experience, including products structure, legal, audit and risk.
Currently he is serving as Adjunct Professor at Faculty of Business and Accountancy of UNISZA & UNISEL, a member of Shariah Advisory Council of Securities Commission of Malaysia, Chairman of Shariah Committee of Exim Bank Malaysia, PUNB and ONEXOX. He is also a Shariah Committee member of EPF Malaysia (Simpanan Shariah).
He was a member of Board of Directors at University Sultan Zainal Abidin (UNisZA) where he is a Chairman of the Audit and Risk Committee and also a member of Finance & Investment Committee of UnisZA; additionally, he served Board of Trustee of Yayasan Pembangunan Ekonomi Islam Malaysia (YAPIEM) where he is also a Chairman of Risk Committee.
