Dubai Financial Market PJSC
About Dubai Financial Market PJSC
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 from Dubai Financial Market PJSC
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The Dubai Financial Market (DFM) has released its weekly summary for Regulated Short Sell (RSS) transactions for the period from December 9 to December 13, 2024. During this period, no RSS trades were conducted. For more information on RSS, individuals are directed to consult the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling, available on the DFM website. The announcement can also be accessed on the DFM's news and disclosures webpage. The document includes a disclaimer noting that the information is subject to change and that the DFM is not liable for any losses resulting from the use of the information provided.
Nasdaq Dubai has announced the listing of three Sukuk issuances by the Republic of Indonesia, totaling USD 2.75 billion. This development enhances Indonesia's prominence as a major Sukuk issuer on the exchange, with its total listed Sukuk reaching USD 24.6 billion. The listings are part of Indonesia's USD 45 billion Trust Certificate Issuance Programme, marking the fourth time in 2024 that Indonesia has accessed the USD debt capital market. The new Sukuk tranches include USD 1.1 billion due in 2030, USD 900 million due in 2034, and USD 750 million due in 2054. These listings contribute to Dubai's status as the global leader for Sukuk listings, with a total of USD 98.9 billion. The occasion was marked by a market opening ceremony attended by Indonesian and Nasdaq Dubai officials. The Indonesian Ambassador to the UAE highlighted the significance of these issuances, noting strong investor interest and confidence in Indonesia's economic fundamentals.