DFSA

Mr. Arif Masood Naqvi

The DFSA fined Mr. Arif Masood Naqvi USD 135,566,183, prohibited him from holding office, and restricted him for his involvement in unauthorised financial service activities and misleading conduct of Abraaj Investment Management Limited.

Date

2021-08-08

Entity type

fund manager

Action type

Multiple

Fine (as written)

USD 135,566,183

Fine (normalised AED)

497,527,892

Personal fine

Yes

Individual role

Founder, Senior Management

Regulations breached

Unauthorised Financial Service activities, misleading & deceptive conduct (Regulatory Law 2004)

Scraped at

2026-07-04T16:50:49.588063+00:00

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