Wasata Financial Securities (formerly Islamic Financial Securities) is a wholly owned subsidiary of INMA Holding Company, a Qatar Stock Exchange (QSE) listed public joint stock holding company. Established in 2003, Wasata Financial Securities provides brokerage services to QSE investors. In 2020, the company adopted a business strategy aimed at improved performance, which primarily focused on enhancing and diversifying services provided to clients, as well as developing unconventional services that distinguish Wasata among competitors. At the beginning of 2020, the company earned a “Comprehensive Broker” classification as per the approval of Qatar Financial Markets Authority (QFMA).
Currently, Wasata provides its clients with the following services:
1. Execution of securities’ trade orders for a third party
2. Own securities’ trading
3. Advisory on securities
4. Liquidity provider
5. Market Maker
At Wasata, we seek to contribute to the growth and development witnessed by the State of Qatar through our new brand strategy. We aim to achieve our short and long term goals by upholding an Employee Code of Professional Conduct, investing in developing our employees’ skills, adhering to our Social & Environmental Responsibility, and applying Governance Standards. A core value at Wasata, we strive to adhere to the Islamic Sharia provisions in all our activities and dealings.