In the financial transformation of Qatar, Dr. Mohamed Amgad Mousa, Deputy CEO of Al Dar for Exchange Works, is one of the figures who attracts considerable attention. After almost 15 years of dedicated service, Dr. Mousa has played a significant role in guiding the company through its digital transformation, which has contributed to the evolving delivery of currency exchange and remittance services across the region. His time at Al Dar began as the FinTech and Operations Head, and he ascended to the position of Deputy CEO in 2022 after twelve years. He has been a driving force in the company and has helped Al Dar position itself as a leader in the industry with its advanced services. Under his leadership, Al Dar has also grown its partnerships and collaborations, allowing the company to access a wider range of international markets.
Pioneering FinTech Innovation in Qatar
Dr. Mousa’s leadership has placed accessibility and progress at the core of his commitment, and these principles are key driving factors behind the company’s growth. His vision has played a notable role in shaping the financial technology industry in Qatar in two important ways:
First FinTech Application in Qatar: Dr. Mousa was instrumental in developing and launching Qatar’s first FinTech application, which became an essential tool during the COVID-19 pandemic. The app, which he described as a “shield against COVID-19,” offered a secure digital method for transferring money during a time when access to traditional banking was restricted, thus strengthening Al Dar’s competitive edge in the market. By providing a reliable, user-friendly service, the app quickly gained popularity among both local and international users.
24/7 Self-Service Kiosks: Under his leadership, Al Dar introduced the first such facilities in the country for transfers and currency exchange. The state-of-the-art kiosks, created in collaboration with SEDCO and Advantech, are designed to enable users to conduct secure and efficient transactions at any time. In addition to offering a more customer-friendly solution, this innovation also earned Al Dar the “Excellence in Foreign Exchange Services” title at Finnovex Qatar 2025. These kiosks have also expanded the company’s ability to meet growing customer demand, further enhancing its reputation in the region.
Academic Depth and Strategic Vision
Dr. Mousa’s leadership is built upon a combination of academic knowledge and practical experience that is exceptionally rare. Holding a Doctorate in Business Administration (DBA) and a Master’s in Finance, he successfully merges research with real-world financial practice. As he often states, “theory validates practice; practice tests theory.”
His research on the global transition of conventional banks to Islamic finance led to the development of a Five-Pillar Framework for successful conversion. The study also suggested that Islamic financial institutions were generally more resilient to global crises, including the 2008 financial crash and the COVID-19 pandemic. His ability to blend academic insights with operational expertise has greatly influenced Al Dar’s strategies and their success in navigating economic challenges.
Currently, as Deputy CEO, Dr. Mousa continues to guide Al Dar’s vision with a focus on innovation, intellect, and strategic foresight. Dr. Mousa remains dedicated to Al Dar’s evolving vision in a balanced and adaptive manner. His leadership positions the company to not only respond to the constantly changing financial landscape but also to play a significant role in shaping the future of FinTech in Qatar and beyond. His forward-thinking approach and proactive strategies contribute to the company’s resilience in the face of emerging challenges. As the company moves forward, Dr. Mousa’s commitment to continuous improvement will likely remain a key factor in its future success.
If you would like to learn more about Dr. Mohamed Amgad Mousa’s professional journey and his contributions to FinTech, please visit his official website.
