Our Company
Established
Jul 2006
Shoraka Group, established in Dubai, UAE in July 2006, initially began with Shoraka Advisory Services (SAS), an investment advisory firm licensed by the Dubai Economic Department under the Ministry of Finance. Its primary focus was advising Middle East investors interested in Malaysia and South-East Asia. The group expanded into investment management and private equity in 2008, acquiring WSQ Investment Management Ltd in London, along with a private university, an IT company and more.
Restructuring
Mid 2023
Following significant growth, the group underwent restructuring in mid-2023, deciding to retain only its financial technology (Fintech) business under Shoraka Digital. This restructuring allowed the group to concentrate solely on the financial technology business and be led by a team of co-founders from each financial business unit.
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.
