A deceased Emirati businessman.

He founded and chaired the board of directors of " Saeed Ahmed Lootah & Sons Group ," and established both " Dubai Islamic Bank " in 1975 as the first Islamic bank in the world, the Arab Islamic Insurance Company "IAC", and "Saeed Ahmed Lootah Educational Group," and chaired the Supreme Council of " Al Lootah International University of Modern Communications ."

He founded the Dubai Medical College for Girls and the Dubai Pharmacy College . He also founded the first consumer cooperative society in the Emirates, named the Dubai Cooperative Society. In the field of education, Saeed Lootah established the Orphan Education Foundation and the Islamic School for Education. He is also the founder of the first environmental research center in Dubai.

He participated in many Arab, Islamic and international scientific conferences and seminars in the field of Islamic economics and Islamic banking, and contributed to solving banking, administrative and financial problems in many Islamic financial institutions.

He has many publications, including:

• "Why do we learn?"
• "Strings... and thoughts: Whispers from the rhymes of Nabati poetry."
• "What is Islam?"
• "The objectives of establishing banks."
• "Reflections on Surah At-Talaq".
• "Reflections on Surah Al-Ma'un".
• "Marriage in Islam is an act of worship."

He was awarded an honorary doctorate from Parkton University in the United States in 1999, and an honorary doctorate from the International Academy of Informatics in Russia in agreement with the United Nations in 2003. He was also honored by the Gulf Cooperation Council in recognition of his services in the field of education and the economy in the Gulf Arab states.

He was named the UAE’s top economist in 1999, and received the Hamdan Bin Rashid Award for Medical Sciences in 2004, the President’s Appreciation Award in 2011, and the Arab Thought Foundation ’s Economic Creativity Award in 2012. Forbes Middle East magazine ranked him among the “Top 100 Richest Arabs of 2013,” and he also received the Islamic Economy Award from Sheikh Mohammed Bin Rashid Al Maktoum in 2015.

He died on Sunday, June 28, 2020.