Andalus Property - Building The Future, One Brick At A Time

Governance at Alandalus

Setting the Standard in Corporate Integrity and Oversight

At Alandalus Property Company, governance is not merely a requirement—it’s a commitment to excellence, transparency, and accountability. Recognized among the top 10 sector leaders in institutional governance, we uphold robust standards in compliance, risk management, and board oversight. Through rigorous alignment with CMA regulations, Tadawul disclosure guidelines, and GRI standards, we ensure that shareholder value, ethical leadership, and sustainable growth remain at the core of our operations.

Board & Committee Governance

Oversight Rooted in Accountability:

Alandalus maintains a strong governance structure led by an experienced Board of Directors and specialized committees tasked with ensuring strategic direction, internal control, and long-term value creation.

Ranked among the top 10 companies in governance practices within our sector.
Full compliance with CMA’s Corporate Governance Regulations (as of Jan 2023), with a comprehensive annual governance report prepared for 2024.
Internal control systems reviewed and confirmed effective by the Audit Committee, with no material weaknesses detected.
Board and committees actively oversee strategy, risk, audit, and remuneration, ensuring accountability at all levels.

Risks & Mitigation Strategies

Risk management is embedded into every layer of Alandalus operations—from project planning to portfolio performance. Our approach balances business growth with proactive risk mitigation.

Risk Framework Includes

A 6-stage risk management methodology: Identify, Analyze, Prioritize, Mitigate, Monitor, Communicate

Enterprise-wide application: market, operational, legal, financial, reputational, and technological risk areas.

Risk governance accountability with clearly defined roles across departments.

Key Risk Categories and Mitigations:

Market Risk

Market risk is the risk of loss due to adverse changes in market conditions, such as interest rates, exchange rates, and commodity prices. It is a critical risk for any company, and it is important to manage it effectively to ensure the company's financial stability.

Project Execution

These risks are mitigated through comprehensive feasibility studies, step-by-step project approval processes, and strict cost management practices to ensure financial sustainability and project success.

Operational Risks

These risks are effectively managed by implementing thorough tenant screening processes, enhancing customer experience strategies, and proactively working on lease renewal initiatives to maintain occupancy and satisfaction levels.

Technology & Cybersecurity

Security and operational efficiency are strengthened through the use of advanced encryption protocols, state-of-the-art project management systems, and the integration of smart building technologies to ensure seamless and secure operations.

Financial Risk

Financial risks are effectively controlled through prudent financing strategies, the maintenance of adequate liquidity buffers, and proactive oversight of operational and capital expenditures to ensure long-term financial stability.

Legal & Reputational

Legal and compliance risks are handled through collaboration with both in-house and external legal experts, ensuring full alignment with applicable laws, regulations, and industry standards to safeguard the company's operations and reputation.

Compliance Measures

Building Trust Through Transparency

"At Alandalus, we uphold an unwavering and continuous commitment to full regulatory compliance, ensuring that every aspect of our operations remains ethical, transparent, and aligned with local and international standards."

Full adherence to CMA and relevant regulatory authority requirements

ESG-aligned policies reinforce responsible business conduct.

A culture of compliance supported by employee training, updated procedures, and continuous audit oversight.

Internal audit outcomes confirm a sound internal control environment with timely corrective action taken.

Shareholder Engagement & Remuneration

Responsible Capital. Shared Growth.

Alandalus maintains clear policies for fair, regular returns to shareholders while ensuring alignment with long-term corporate goals.

Dividend Distribution Framework

Targeting 60% of annual net profits for semi-annual dividends (2024–2026).
Interim distributions allowed under specific regulatory and financial conditions.
Dividend policy considers profitability, liquidity, investment plans, debt obligations, and market conditions.

Engagement Framework

Transparent reporting and regulatory disclosures via Tadawul and investor relations channels.
Dividend distributions executed within 15 days of the entitlement date
Continuous engagement with stakeholders to ensure clarity and consistency in governance and growth strategy.