Company’s Management
HASSAN R. MUHAMMADI
Director & Shareholder | METALEDGE SPARES W.L.L
Director | Fidelity Insurance Brokers (Private).
Co-Founder & Chairman | Takaful Bazaar
Former President | Pakistan Insurance Brokers Association (PIBA)
Hassan R. Muhammadi is a distinguished insurance professional with over 15 years of experience in the insurance brokerage and risk management sector in Pakistan and the broader region. He currently serves as a Director at Fidelity Insurance Brokers (Pvt.) Ltd. (FIB), one of Pakistan’s leading insurance brokerage firms, where he provides advisory and riskmanagement solutions for large-scale construction, energy, and property projects. His expertise includes structuring complex insurance policies, claims management, and liaising with insurers, reinsurers, legal advisors, and loss adjusters. Over his career, he has successfully managed insurance programs for multi-billion-dollar projects and operational assets across Pakistan and other countries.
In addition to his corporate role, Hassan is the Co-Founder and Chairman of Takaful Bazaar, a digital platform for Shariah-compliant insurance solutions including motor, travel, and health takaful. Under his leadership, Takaful Bazaar has partnered with major takaful providers such as Pak-Qatar General Takaful and TPL Insurance to make Shariah-compliant insurance accessible and digitally enabled for a broad audience in Pakistan. His efforts aim to enhance insurance penetration while providing efficient, technology-driven solutions aligned with Islamic principles.
Hassan has also played a significant role in the broader insurance industry, having served as President of the Pakistan Insurance Brokers Association (PIBA) following a prior tenure as Vice-President. In this capacity, he represented the interests of insurance brokers nationally, advocated for professional standards, and contributed to regulatory dialogue with policymakers, demonstrating leadership and influence across Pakistan’s insurance sector.Through his combined roles in corporate insurance brokerage, Shariahcompliant insurance distribution, and industry leadership, Hassan R. Muhammadi has established himself as a key figure in Pakistan’s insurance landscape, bridging technical expertise, strategic vision, and sector-wide advocacy
Muhammad Shah Alwin
Director | METALEDGE SPARES W.L.L
Position | Key Shareholder & Managing Director
Company | Bare Syndicate FZCO, Dubai
Website | https://baresyndicate.com
Professional Summary:
Mr. Muhammad Shah Alwin, a dynamic, young and passionate entrepreneur, and the key
shareholder, possesses over a decade of experience in successfully managing and
growing businesses. He oversees the operations of medium-sized enterprises and holds
significant ownership and management control in Bare Syndicate FZCO, Dubai (“BARE”),
managing both operational and financial affairs.
Company Overview – Bare Syndicate FZCO:
Bare Syndicate is an established international mineral trading and supply chain company
with a presence in the UAE, UK, Pakistan, and Nigeria. Under Mr. Alwin’s leadership, BARE
has built a diverse portfolio spanning:
• Mining, processing, and warehousing
• Logistics and global trading of industrial minerals including chromite, fluorspar,
lead and zinc ores, copper, antimony, steam coal, and Himalayan pink salt
• Management of substantial mining leases, including an 820-acre copper lease in
Waziristan with reserves of 9.9 million MT.
Diversification & Spare Parts Business:
Mr. Alwin has expanded into the spare parts sector through Pacific Engineering and
Automation (“Pacific”) in Pakistan, supplying parts to leading organizations such as K-Electric, Siemens, and HUBCO. Pacific is the authorized agent of DILO Armaturen, a
German manufacturer of sulphur hexafluoride gas handling equipment.
He has also recently established LIBOR Trading Co. FZCO in UAE to expand the spare
parts business further, offering an end-to-end supply chain solution including
procurement from OEMs, logistics, import clearance, and customer support. LIBOR is
targeting to supply spare parts for heavy power generation engines.
Vision & Leadership:
Backed by his proven expertise and successful track record, Mr. Alwin is intent on
expanding its business into other Gulf countries, including Bahrain.
Professional Summary:
Mr. Muhammad Shah Alwin, a dynamic, young and passionate entrepreneur, and the key shareholder, possesses over a decade of experience in successfully managing and growing businesses. He oversees the operations of medium-sized enterprises and holds significant ownership and management control in Bare Syndicate FZCO, Dubai (“BARE”), managing both operational and financial affairs.
Company Overview – Bare Syndicate FZCO:
Bare Syndicate is an established international mineral trading and supply chain company with a presence in the UAE, UK, Pakistan, and Nigeria. Under Mr. Alwin’s leadership, BARE has built a diverse portfolio spanning:
• Mining, processing, and warehousing
• Logistics and global trading of industrial minerals including chromite, fluorspar,
lead and zinc ores, copper, antimony, steam coal, and Himalayan pink salt
• Management of substantial mining leases, including an 820-acre copper lease in
Waziristan with reserves of 9.9 million MT.
Diversification & Spare Parts Business:
Mr. Alwin has expanded into the spare parts sector through Pacific Engineering and Automation (“Pacific”) in Pakistan, supplying parts to leading organizations such as K-Electric, Siemens, and HUBCO. Pacific is the authorized agent of DILO Armaturen, a German manufacturer of sulphur hexafluoride gas handling equipment.
He has also recently established LIBOR Trading Co. FZCO in UAE to expand the spare parts business further, offering an end-to-end supply chain solution including procurement from OEMs, logistics, import clearance, and customer support. LIBOR is targeting to supply spare parts for heavy power generation engines.
Vision & Leadership:
Backed by his proven expertise and successful track record, Mr. Alwin is intent on expanding its business into other Gulf countries, including Bahrain.