Dubai Financial Market PJSC
Year to date
-0.10 %
3 months
-0.02 %
6 months
-0.14 %
1 year
-0.20 %
3 years
0.00 %
5 years
0.00 %
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.
Latest Pressrelease Summaries
Threads
The Board of Directors of Orient Takaful Company (PJSC) has invited shareholders to attend the Annual General Meeting on April 29, 2024. The meeting will take place at Al Futtaim Building in Dubai and will also be accessible remotely via Microsoft Teams. The agenda includes the approval of various reports and accounts for the financial year ending December 31, 2023, the appointment of the Internal Sharia'ah Supervisory Committee for 2024, and the approval of transactions with related parties up to December 31, 2023. The board also plans to discuss an amendment to the company's Articles of Association, subject to regulatory approval. Shareholders can delegate a representative to attend the meeting and vote on their behalf, but no proxy may represent more than 5% of the company's shares.
The weekly trading summary for DFM Regulated Short Sell Transactions from 22 Apr 2024 to 26 Apr 2024 shows that GFH Financial Group B.S.C. had a short sell trade volume of 250,000 with a value of 249,000 AED. Emaar Properties PJSC had a short sell trade volume of 10 with a value of 81.30 AED. More details about the regulated short selling can be found on the DFM Market Rules Module Three Membership, Trading, And Derivatives Rules. The information is subject to change and is provided on an "as is" and "as available" basis. DFM is not liable for any losses resulting from the use of this data.