Independent oversight, being established in Doha.
Where it sits
Oversight above the operating companies.
Independent oversight · Qatar (QFC)
Safa Global Foundation
Appoints the independent auditors and the adviser on ethical and Islamic financial regulation · in formation
SGC
Safa Global Capital
Capital Markets · Malta
Being established in Malta. Planned issuer of STAC and venue for the Sukuk Programme, with residential and mixed-use real estate. Not an AIFM.
SGV
Safa Global Ventures
Venture Engine · Mexico
Venture capital company and general partner of the operating companies and the group's commercial real estate, with LPs alongside. Being established in Mexico as a S.A.P.I.
SGV holds
Operating companies · Eight verticals
13 operating companies across 8 verticals, each vertical under its own Safa parent.
Commerce
Safa Commerce
- Aquiii
- Aquiii Express
- AGTS
- SportsNation
Consumer
Safa Consumer
- HMNXSPLY
- Global Gourmet
Technology
Safa Digital
- MAAIA
- Safa Studios
Education
Safa People
- Excellence University
Real Estate
Safa Real Estate
- Bunian
Energy
Safa Energy
- AI Fuel Efficiency
Health
Safa Health
- Together
Sustainability
Safa Sustainability
- Circles
Read this top-down. The Foundation, being established in the Qatar Financial Centre, oversees; it does not own or operate. Capital (Malta) and Ventures (Mexico) are the operating companies, both in formation. SGV is the general partner of the operating companies, grouped in eight verticals, each with its own Safa parent.
What it is
A foundation built to oversee, not to operate.
The Foundation will not operate any business. It will not raise capital, manage investments or sell products. Its job is to make sure the people who check the Safa Global companies are independent of the people who run them.
Safa Global Capital, once established in Malta, will act as the liaison to the Foundation’s office in Doha.
What it will do
Three responsibilities.
Appoints the independent auditors
The auditors of the Safa Global companies will be appointed by the Foundation and will report to it, not to the management of the companies they audit.
Appoints the adviser on ethical and Islamic financial regulation
Before any instrument is issued, an independent adviser appointed through the Foundation will review it, and that review will be published. No adviser has been appointed yet.
Never audits itself
The Foundation receives the audit work; it does not perform it. Its own accounts will be audited by an independent auditor and published.
Where it stands today
In formation, with counsel.
The Foundation’s charter, its board and the powers it will hold are being drafted with counsel. They will be published when the Foundation is registered.
Until then, nothing on this page describes rights that anyone holds today.
Read the surrounding work.
How Safa Global Capital is being set up, and how independent review fits around it.