Majid Al Futtaim adheres to national regulations in all markets in which we operate. Over and above national regulations, we have also made a choice to follow international best practices and continue maintaining our regional leadership position.
Our Corporate Compliance mission is to serve the best interests of the business and its employees, customers, and stakeholders by promoting an organisational culture committed to integrity, ethical conduct, and compliance with the law.
We do this by establishing standards, policies and procedures to ensure that Majid Al Futtaim achieves strategic and operational objectives consistent with its compliance obligations.
Majid Al Futtaim works within a complex network of suppliers, customers and partners across its operating companies.As part of our ongoing initiative to monitor those involved in our day-to-day operations, we have adopted our Supplier Code of Conduct.
The Supplier Code of Conduct is an extension of the Majid Al Futtaim Code of Conduct. It lists our standards and behaviours and general principles, which need to be adhered by all suppliers and service providers.
Reporting to the CEO, the Ethics Panel is a multidisciplinary independent body, present in each Operating Company with representation from Compliance, Legal and Human Capital.The Ethics Panel consists of the Chief Compliance Officer, CEO or his delegate, the General Counsel and Human Capital Officer. The responsibilities include:
As a customer-focused organisation, Majid Al Futtaim aims to protect our customers’ privacy and ensure transparency. We view this as an opportunity to drive greater customer trust and confidence in our brands and their digital platforms.