began a campaign to support youth enterprise. The Falak Tayyeb for SMEs campaign, with an investment of AED 600 million from Mawarid in 2008, would enable both parties to share databases with the goal of providing innovate Islamic financial services to this crucial sector. Subsequently, Mawarid has organized many discussion forums with both the government and private sectors (including entering into an MoU with the Ajman Businesswomen Council in 2009) and joined the Arab Union for Small Enterprises. This campaign has received support and appreciation in the region. Acquired a 1% stake in Egypt Telecommunication Company (Etisalat Misr). Appointed as account trustee for all property development Guarantee Accounts approved by the Dubai Land Department. Mawarid was chosen because of its expertise in the area and its Shari'a compliance. Partnered with real estate developers, Cayan to provide Islamic finance for buyers in Cayan projects. The latter is credited with projects like the Infinity Tower, a luxury 'twisting tower' with panoramic views of the Arabian ocean. Officially categorized as a bank operating in the UAE when it was authorized to issue certificates of deposit by the Dubai Department of Economic Development. Entered into an MoU with the UAE Ministry of Health to provide the Health Fund both financial and logistic services on an annual basis. Mawarid subsidiary Mawarid acquired Al Jazeera Financial Services, a private equity company specializing in financial intermediation and investment in Shari'a-compliant stocks on both ADX and DFM. Dar Al Takaful, a joint stock Islamic insurance company of which Mawarid is the main founder, went public in July 2008. 2009 Received further support in its Falak Tayyeb for SMEs campaign when it signed MoUs with Talal Abu-Ghazaleh International and Ruwad establishment. Chosen by the Arab Science and Technology Foundation (ASTF) and the Arab Union of Small Enterprises (AUSE) to organize the First Arab Industrial Enterprises Competition for SMEs. The competition, with an award allocation of $850,000, "aims to encourage and inspire the Arab youth to establish new industrial enterprises". Announced a tie-up with the UAE government to set up a central body to oversee and promote SMEs in the region while continuing to hold forums on the initiative. 2010 Strategic focus Shifted to retail investments with new investments made in Al Raya, KSA and Etisalat Misr, Egypt Launched a new scheme, Arbah Investment Club, offering Islamic investment opportunities for its customers. 2011 Mawarid subsidiary Mawarid launched Mawarid Consultancy which