Professional Code of Conduct

    To support higher values and ensure commitment to principles of Islamic Sharia, Aayan Leasing & Investment Company adopted a professional code of conduct in its policies as a practical guidance to assist members of the Board of Directors and the executive management perform their tasks through a system based on values, ethical principles and sound professional behavior as an integral part of a strict commitment the company strives to apply in all of its financial, investment, administrative and other activities of the company in a manner that ensures the protection of the rights of all company stakeholders, and enhance the confidence of the shareholders of the company in the Board of Directors and executive management in a manner that has a positive impact on the company's image locally and regionally.

    The company adopts a set of fundamental frameworks to achieve this, represented in the following:

    • Show high levels of honesty, integrity, morals, and adherence to laws and regulations governing the company's various activities by the Board of Directors, executive management and staff.
    • Promote respect of standards to protect and promote the interests of shareholders and other stakeholders (including employees, customers, suppliers, creditors, and society in general).
    • Direct members of the Board of Directors and executive management towards necessary practices to maintain trust in the integrity of the company.
    • Determine the responsibility and accountability of members of the Board of Directors and executive management for reporting and investigating any violations of this Code or any immoral or illegal behavior.
    • Adopt suitable and effective standards to minimize the cases of actual or expected conflicts of interests at the high level of efficiency by ensuring that staff are provided with training that that will enable them to understand and address individual and institutional conflict of interest issues, internal audit with follow-up and update of its policies and procedures concerning individual and institutional conflict of interests as needed. And also third party audit of business arrangements to make changes that takes into account elimination of conflict in institutional interests.

    The Board of Directors establishes the principle of commitment to uphold the interests of the company, the shareholders and other stakeholders, and not only the interest of a specific group within the framework of laws and regulations governing the company's work and activities.