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Dubai Financial Market PJSC (DFM)

Country of Origin: United Arab Emirates (U.A.E) Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments. The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions. The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf. The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.

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Al Ramz Corporation Investment and Development PJSC (ALRAMZ)

Country of Origin: United Arab Emirates (U.A.E) Al Ramz Corporation Investment and Development PJSC is a limited liability company which was originally incorporated in Dubai on 21 June 1975 by an Emiri Decree and it became a public shareholding company in 1997, in accordance with the UAE Federal Law No. (8) Of 1984 (as amended). The Company was incorporated for a period of 30 years which were completed on 20 June 2005. The shareholders have decided to extend the duration of the Company by 50 more years.

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Amlak Finance P.J.S.C (AMLAK)

Country of Origin: United Arab Emirates (U.A.E) Amlak Finance P.J.S.C (the “Company”) was incorporated in Dubai, United Arab Emirates, on 11 November 2000 as a private shareholding company in accordance with UAE Federal Law No (8) of 1984, as amended, at the constituent shareholders meeting held on 9 March 2004, a resolution was passed to convert the Company to a public joint stock Company. The Company is licensed by the UAE Central Bank as a finance company as is primarily engaged in financing and investing activities such as Ijara, Murabaha, Mudaraba and Musharaka. The activities of the Company are conducted in accordance with Islamic Sharia’a, which prohibits usury, and within the provisions of its Articles and Memorandum of Association. In 2007, the Company obtained a license from the Real Estate Regulatory Authority, Dubai, United Arab Emirates to start Escrow Management service operations

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Dubai Islamic Insurance and Reinsurance Co. (AMAN)

Dubai Islamic insurance & Reinsurance Company (AMAN) (PSC) (the “Company”) is a public shareholding Company and is registered under the Commercial Companies Law of 1984 (as amended). The Company carries out general Takaful (insurance) business in accordance with the teachings of Islamic Sharia’a. The Company is also licensed to engage in reinsurance and life Takaful business. The Company obtained its commercial license on 12 March 2003 and commenced operations on 8 April 2003. The Company mainly issues short term Takaful contracts in connection with motor, marine, fire and engineering, general accident risks and Company life and medical risks (collectively known as general Takaful). The Company also invests in investment securities and properties. The Company’s business activities are subject to the supervision of its Fatwa and Sharia’a Board consisting of nine members appointed by the shareholders, the Sharia’a Board performs a supervisory role in order to determine whether the operations of the Company are conducted in accordance with Sharia’a rules and principles.

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News
Utilities
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Tabreed Appoints New Chief Asset Management Officer

Tabreed, a leading UAE-based utility company, announces the appointment of Atef Al Breiki as the new Chief Asset Management Officer.

News
Private Joint Stock Companies (PrJSC)
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BHM Capital Links UAE Investors to Amman Stock Exchange

BHM Capital expands its regional market connectivity by becoming the first UAE financial institution to offer trading access to the Amman Stock Exchange through ADX's Tabadul platform.

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