DOHA: Al Jazeera Finance (JF) has completed its policy and procedure manuals project for its departments and sections; one of the most vital and effective projects in the development of the company.
The company has also developed a new organizational structure that is in line with the company's long-term development and expansion plans, in keeping with the international standards for finance houses.
JF is licensed by the Qatar Central Bank (QCB) as a regulated Islamic finance company. Al Jazeera's shareholding base comprises prominent financial and government institutions including Qatar Islamic Bank (QIB), Qatar Awqaf Authority, Qatar National Bank (QNB), General Authority for Minors' Affairs and Qatar Insurance Company.
JF's CEO, Khurshid Hassan said that the project represents a qualitative leap in the field of governance, supporting internal control and improving performance quality. It also introduces a practical instruction manual of unified standards for performing different functions and tasks.
The project was developed in cooperation with the consulting house KPMG. JF then adopted it by implementing the project's policy and procedure manual.
"With the adoption of the new organizational structure, the company has completed an advanced management development project that keeps pace with its advanced finance services," said Hassan. He stressed JF's relentless dedication to improve its services and performance in accordance with the highest, world-class standards.
He said the project reflects the company's eagerness to develop its performance and ensure that they provide customers with distinguished services.
The project is consistent with the company's vision to be a leader in Islamic finance in Qatar, ensuring that its service level is consistent with this vision, meeting all quality requirements and improving work efficiency. The manual adds to a number of steps taken recently by the company, including renewing its visual identity and upgrading its services to new levels.
A renowned leader of the Qatari market, JF is recognized for its innovative solutions, customer-oriented services and dedication to sound corporate governance and corporate social responsibility.
In addition to financing residential and commercial properties, lands and building materials, JF offers other types of financing help including financing of factory construction and equipment, financing of the purchase of vehicles and heavy equipment for individuals and companies, financing of commercial projects and working capital for private enterprises and companies.
JF services also include financing of the purchase of shares and Islamic bonds, selling of furniture for homes and offices, electrical appliances, computers, jewelry, financing of weddings and buying and selling different kinds of boats.
© The Peninsula 2010
