Compliance & Sanctions Policy
A Fully Regulated, Transparent, and Non-Sanctioned Energy Trading Framework
Rayadat Alraayid Alealamiy Refined Oil Products Trading LLC operates under a strict, multi-layer compliance framework, ensuring that all commercial, logistical, and financial operations adhere to the highest international regulatory standards.
As a subsidiary of SKY HOLDING (Muscat, Oman), Rayadat follows a controlled governance model that guarantees transparency, documentation integrity, and full sanctions compliance in every transaction.
1. Our Compliance Philosophy
Rayadat's operations are built on four pillars:
Zero-Tolerance for Non-Compliant Activity
Full Transparency Across Supply Chains
Strict Regulatory Alignment (UAE + International)
Verified, Non-Sanctioned Partners Only
Every counterpart, supplier, buyer, vessel, terminal, and financial instrument undergoes strict internal and external screening before any operation is approved.
2. Regulatory Frameworks We Follow
Rayadat strictly adheres to the following regulatory and sanctions regimes:
UAE Federal Regulations
All trading and export/import activities comply with UAE federal and emirate-level commercial laws.
OFAC (US Office of Foreign Assets Control)
Operational vetting against all OFAC lists, including SDN and SSI.
EU Sanctions Framework
Full screening for EU-listed individuals, entities, sectors, and jurisdictions.
UN Sanctions Committee Resolutions
All global UN restrictions and embargoes are fully respected.
SKY HOLDING Internal Compliance Policies
Rayadat operates inside SKY's integrated compliance ecosystem including multi-tier document checks, audits, and risk-control mechanisms.
3. Non-Sanctioned Guarantee
Rayadat guarantees that all supply flows originate exclusively from:
Non-sanctioned suppliers
Non-sanctioned jurisdictions
Verified legal entities with clean compliance records
No exceptions are permitted.
Operational Regions (Cleared by UAE + International Sanctions Rules)
UAE
Oman
Türkiye
GCC regions
CIS (non-sanctioned jurisdictions only)
Selected African markets
4. AML / CFT Compliance
Anti–Money Laundering & Counter-Terrorism Financing
Rayadat follows strict AML/CFT procedures, including:
KYC / KYB Verification
- Full documentation packages for all institutional counterparties
- Corporate verification under SKY HOLDING
- Screening of shareholders, UBOs, management, and controlling entities
No Cash Transactions
- Rayadat does not accept any form of cash-based payments.
Traceable Fund Flows
- All payments must be made via bank-to-bank SWIFT channels only
- Escrow-controlled or instrument-backed mechanisms
- Mandatory traceability & audit trail for every transaction
Enhanced Due Diligence
- For higher-risk jurisdictions or entities, enhanced screening is performed.
5. Financial Compliance & Trade Instruments
All financial operations are handled under SKY HOLDING's governance system:
LC (Letter of Credit)
SBLC MT760
Escrow Accounts
Instrument-backed settlements
Delivery-after-inspection payment models
Every trade-finance operation undergoes:
6. Vessel, Supplier & Route Screening
Rayadat conducts compliance verification on:
Vessels
- IMO history check
- Ownership & management background
- Sanctions screening (OFAC/EU/UN)
- Insurance & classification review
Suppliers & Terminals
- Legal entity verification
- Jurisdiction screening
- License and registration checks
- Prior compliance record
Routes & Logistics
- Only compliant marine corridors
- No deviation towards restricted ports
- Verification through SKY's operations team
7. Required Documentation & Inspection
Rayadat supports full third-party inspection and documentation controls which may include:
These documents ensure complete compliance and product authenticity.
8. Compliance Contact
For banks, institutions, investors, or regulatory inquiries:
Full KYC/KYB packages, licensing documents, group structure under SKY HOLDING, and verification data are available upon formal request.