EN590 Diesel$684.20/MT+0.4% Jet A-1$742.50/MT−0.2% Bonny Light$85.40/bbl+0.8% Brent Crude$83.75/bbl−0.3% Copper$9,240/MT+1.1% WTI Crude$79.20/bbl+0.5% SPCFZ · Lic 4307582.01▸Active EN590 Diesel$684.20/MT+0.4% Jet A-1$742.50/MT−0.2% Bonny Light$85.40/bbl+0.8% Brent Crude$83.75/bbl−0.3% Copper$9,240/MT+1.1% WTI Crude$79.20/bbl+0.5% SPCFZ · Lic 4307582.01▸Active
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// Corporate Governance

Leadership &
Governance

Xirik FZE is governed by a focused leadership team combining three decades of institutional enterprise experience with operational precision — driving compliant, technology-enabled physical commodity execution from Sharjah, UAE.

Leadership Team

Executive Team

Two principals. Complementary expertise. One execution mandate: transparent, compliant, technology-driven physical commodities trading.

CMW
Chairman · Xirik FZE
Charles Mark Weir

30+ year track record across enterprise leadership, telecommunications, and institutional corporate structuring spanning the UK, Europe, and Middle East. Senior leadership at JT Global managing international telecommunications for multinational entities, and Aurum Globe Limited driving strategic global partnerships — followed by establishing his own institutional advisory practice serving HNWIs and global corporations across wealth management, tax-efficient financial structuring, and corporate finance.

Visionary behind the Weir Digital Media technology mandate — directing the exclusive development of Xirik FZE's Custom Corporate OS execution architecture. Chairman since incorporation in Sharjah Publishing City Free Zone, 18 May 2023.

Enterprise Leadership Institutional Finance SBLC Monetisation Technology Strategy Corporate Structuring
STJ
Manager · Xirik FZE
Sheks Thevangad Jacob

Registered Manager of Xirik FZE under the Sharjah Publishing City Free Zone authority (License 4307582.01). Jacob carries direct operational responsibility for the day-to-day execution of commodity transactions, regulatory compliance obligations, and counterparty engagement protocols.

Operationally embedded within the Custom Corporate OS workflow — overseeing the KYC/KYB compliance gateway, trade documentation lifecycle, and logistics execution pipeline to ensure every transaction meets the 10-phase stage-gate standard before title transfer.

Operations Management Trade Execution Compliance Oversight KYC / KYB Documentation Control
Corporate Architecture

Corporate Structure

Xirik FZE is a standalone Free Zone Establishment — sole trading entity, sole compliance obligation. Technology infrastructure exclusively provided by Weir Digital Media as a legally isolated vendor.

corporate-structure.json
EntityXirik FZE
StructureStandalone Free Zone Establishment
JurisdictionSharjah Publishing City Free Zone (SPCFZ), UAE
License4307582.01
ChairmanCharles Mark Weir
ManagerSheks Thevangad Jacob
Technology PartnerWeir Digital Media (exclusive · legally isolated)
Ownership100% Foreign Ownership Permitted
Activity Code 4661
Wholesale of Fuels

Solid, liquid and gaseous fuels — covering crude oil, refined petroleum products, LPG, and fuel oil across FOB and CIF delivery structures.

Activity Code 4690
Non-Specialised Wholesale Trade

Broad wholesale mandate covering base metals, agricultural commodities, and diversified physical goods across international markets.

License Status
Active · Expires 17 May 2026
Registration

Corporate Registration Details

entity-record.json
Legal NameXirik FZE
Entity TypeFree Zone Establishment
JurisdictionSPCFZ, Sharjah, UAE
License No.4307582.01
Formation No.4307582
Incorporated18 May 2023
License StatusActive
activities-and-contacts.json
Activity 4661Wholesale solid, liquid & gaseous fuels
Activity 4690Non-Specialised Wholesale Trade
ManagerSheks Thevangad Jacob
ChairmanCharles Mark Weir
AddressBusiness Centre, SPCFZ, Sharjah, UAE
Ownership100% Foreign Ownership Permitted
Track Record

Corporate Milestones

From incorporation to full-stack execution capability — the Xirik FZE timeline.

MAY 2023
Incorporation — SPCFZ, Sharjah UAE
Xirik FZE registered under Sharjah Publishing City Free Zone authority. License 4307582.01 issued. Activity codes 4661 and 4690 activated for wholesale fuels and non-specialised trade.
Q3 2023
Banking Infrastructure Secured
Emirates Islamic Bank (primary settlement) and Bank of Baroda (trade finance) accounts established. SWIFT MT103 / MT799 payment rails activated for institutional-grade settlement.
Q4 2023
Custom Corporate OS — Phase 1
Weir Digital Media commissioned as exclusive technology partner. Phase 1 development initiated: Federated Operational Nexus and KYC/KYB Compliance Gateway modules built and deployed.
Q1 2024
Full OS Architecture Complete
All 7 Custom Corporate OS modules operational: Inventory Management, Logistics Nervous System, TradeFlow Document Engine, Margin Guard Protection, and Hollow Core Ledger Bridge deployed.
Q2 2024
Live Market Feed Integration
Real-time Platts and Argus commodity price feed integration activated. Margin Guard Protection now continuously monitors deal profitability against live benchmarks.
2026
NACHA 2026 Compliance Ready
Hollow Core Ledger Bridge aligned with NACHA Phase 1 (March 20) and Phase 2 (June 19) operating rules — providing advanced fraud detection covering BEC, payroll diversion, and vendor impersonation vectors.