About Us
Warees Investments Pte Ltd is one of the region’s premier endowment asset management companies, and is responsible for the development of prime commercial and residential properties as well as the conservation of culture and heritage. As an investment holding company, Warees thrives on managing endowments and institutional real estate portfolio and several subsidiaries while safeguarding and creating value for the community and its social beneficiaries.
Wholly owned by the Islamic Religious Council of Singapore (Muis), its hallmark sustainable framework features an integrated and dynamic endowment portfolio strategy driven by its vision of ‘Sustainable Assets. Nurturing Generations’. Through the years, Warees has emerged as a reputable real estate firm in the region through its excellent track record in property development and specialised services on endowment investment management. With each new project, Warees continues to set good standards not just in Singapore, but beyond through regional capacity building and collaborations.
Warees is the acronym for WAkafREalEState. Waris, as pronounced in Malay means ‘heritage’ and ‘beneficiary’, both of which are closely related to the management of trust properties. The logo is an expression of the letter ‘W’ and symbolises both a fountain and a tree. The fountain with its inflow and outflow of water reflects a sense of giving and receiving, while the tree represents growth, strength, shelter and nature. The rectangular box symbolises a solid and firm foundation.
Business Entities
Wareesan Management Pte Ltd is a subsidiary of Warees Investments Pte Ltd, where its business core is in the provision of exhumation and re-interment management for the community. The primary objective is to manage land optimisation and provide advisory support to the next-of-kin.
WHL originated in 2006 as a division within Muis’ wholly-owned subsidiary, Warees Investments Pte Ltd (WIPL). On 11 September 2014, the division was corporatised as a not-for-profit public company limited by guarantee (CLG). The corporatisation of WHL was crucial so as to strengthen governance and provide better strategic focus through a specialised management board. WHL is a Halal Assurance provider with the primary role of supporting Muis’ Halal Certification functions. It does so by providing dedicated resources to perform Halal Audits and Inspections in Singapore. WHL conducts more than 11,000 Halal Audits and Inspections annually to strengthen compliance with Muis Halal Certification Conditions.
The Community
As part of Warees’ sincere belief in corporate philanthropy and championing social cause for the community, to date Warees Group has disbursed over S$4.3 million benefitting over 60 beneficiaries which include Malay/Muslim organisations, mosques and madrasahs in Singapore.
Warees Sustainability FrameworkOur BeneficiariesOur Stakeholders
Investments
As an investments holding company, driven by its vision of ‘Sustainable Assets, Nurturing Generations’, Warees is constantly finding innovative and strategic ways to sustain and unlock the optimal value of wakaf properties as well as support conservation efforts to protect our architectural heritage. Warees has created Wakaf Revitalisation Scheme (WRS) and Institutional Investments Initiative (3I) which are platforms to allow our community to benefit from the returns of the wakaf development projects.
Wakaf revitalisation scheme (WRS)Institutional Investments Initiative (3I)
Board of Directors
Abdul Razak Hassan Maricar
Chairman
Haji Abdul Razak was appointed as the Chairman effective from 1 July 2019. Prior to this, he was Chief Executive of the Islamic Religious Council of Singapore since 7 August 2013 and retired in December 2018 after 43 years in the public service. As a Chief Executive, he was also appointed as a member of the Islamic Religious Council. His past appointments were in the Syariah Court and the Community Relations Unit for the then Ministry of Community Development and Sports. Haji Abdul Razak also served as a Director on Mendaki Board from 2013-2018. He is a member of the Singapore Institute of Directors.
Sallim Abdul Kadir
Director
He is a board member of Mendaki Holdings, Chairman of Suara Musyawarah, and a member of Muis Council. He is the Director of Human Capital, Consistel, and served as Director of Human Resources at PricewaterhouseCoopers.
Dr Ab Razak Chanbasha
Occupation
He is currently a Technical Director with ARC Sciences and serves as a board member of Centre for Research on Islamic and Malay Affairs (RIMA), a subsidiary of AMP Singapore and a member of the MUIS Council.
Suhaimi Zainul Abidin
Director
He is a Director and General Counsel of Quantedge Capital. He currently holds the appointments of Council Member of the National Arts Council, Council Member of the Charity Council, Board Member of Skillsfuture SG, Director of Mendaki SENSE, Executive Committee Member and Honorary Secretary of the Breast Cancer Foundation. He is also an Adviser to Five Pillars Pte Ltd and Financial Syariah Advisory & Consultancy, a division of PERGAS (Singapore Islamic Scholars & Religious Teachers Association).
Siti Suriah Taib
Director
She is an Associate Director with Architects 61 Pte Ltd and holds a professional registration with Board of Architects (Singapore) since 1989.
Amran Mohd
Director
Amran has been the Honorary Treasurer for RISEAP, Regional Islamic Da’wah Council of Southeast Asia & the Pacific, for the past 10 years. Previously, Amran was one of the founding board members of Al Rajhi Bank Malaysia and was the CEO of Al-Hidayah Investment Bank. Amran was on the board of Sengenics Corporation, Stone Apple Solutions, Yamako Pacific, MDT Innovations and Pandu Logistics. He is currently a Partner with Gobi Partners.
Senior Management
Zaini Osman
Chief Executive Officer
As Chief Executive Officer (CEO) of Warees Investments, Zaini leads a team of real estate investment professionals managing endowment and institutional properties with a strong element of heritage, developing strategies to unlock their value and safeguard these community’s portfolio valued at almost S$600 million. Given his years at the Islamic Religious Council of Singapore (Muis), his exposure in systems and policy development, financial audit and regulation, development planning as well as leadership development, provided him good understanding of community issues and the ability to engage and network with government agencies.
Wan Zaid Dehya Kamal
Senior Vice President (Community Infrastructure)
He brings 20 years of experience to Warees, ensuring every project meets its time and budget requirements. His expertise in facilities and project management drives Warees’ strategic direction and development objectives.
Rumaizah Modafi
Vice President (Endowment Development)
She brings 20 years of private-sector experience to Warees and Muis, where she oversees the asset management team and spearheads WRS projects. Rumaizah’s considerable talents in the construction industry is leveraged throughout the team at Warees.
Khuzaima Raja Kamarul-Den
VICE PRESIDENT (FINANCE & CORPORATE SERVICES)
Khuzaima has 15 years of experience in accounting and auditing. She manages Warees Group finances and cash flow including development project revenue and expenditure and the accounting of Muis Wakaf funds managed by Warees Investments. She also oversees the Group’s Corporate Services which include Human Resources and Office Administration.
ENGAGE
Careers
What we look in professionals :
- With high level of integrity and strong competencies.
- With a desire to build a career in real estate investments, keen on making a positive difference.
- With vision to grow beyond, who never stop learning and are always seeking to develop their skills and experience.
- Who are team players, with vision and commitment to excel.
- From a variety of academic backgrounds: economics, architecture, design, engineering, finance, arts, talent management and real estate.
Attention: Vice President (Finance & Corporate Services)
Warees Investments Pte Ltd
11 Beach Road #05-01
Singapore 189675