About MOARIF

The Global Legal Entity Identifier (LEI) System is a unique code that is designed to identify legal entities in financial transactions.

MOARIF is an Arabic lexicon with the connotative meaning of identification. Legal entities overall the world need a unique method to be identified, and MOARIF is the best choice in MENA region to be utilized.

MOARIF‘s magnifier represents the complexity of identifying any legal entity and that what makes MOARIF different; the ability of carrying out deep due diligence and linking all data sources in one complex system to provide simple and valuable outcomes.

As a Local Operating Unit (LOU) for the Legal Entity Identifier (LEI), MOARIF is used to identify legally independent entities and companies.

For the first time in the MENA region, MOARIF enables companies, enterprises and any legal firms to comply with all related rules and regulations and various reporting requirements, while at the same time enhancing creditability and transparency. It is MOARIF that identifies all Legal Entities


Mission

Issuing reliable, updated and accurate legal entity identifiers easily and reliably.

Vision

Being the First choice issuer of legal entity identifier.


Objectives


History

2012
First idea

2014
SAMA Supervision

2015
Pre Local Operating Unit

2016
Accreditation Process

2017
official LOU

Principles