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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Nasdaq Dubai has listed a USD 500 million Sukuk issued by Dubai Islamic Bank (DIB), marking the lowest yield of 5.25% for an emerging markets bank since April 2022. This additional Tier 1 Sukuk is dual listed on Nasdaq Dubai and Euronext Dublin and saw strong investor demand, reflecting confidence in DIB and the UAE's financial market. DIB, a frequent issuer, now has over USD 9 billion through 11 outstanding Sukuk listings on the exchange. The listing enhances Nasdaq Dubai's position as a global hub for Sukuk, with total outstanding Sukuk reaching USD 93 billion across 102 listings. The issuance attracted a diverse range of investors from Europe, Asia, and the Middle East. The listing was commemorated by a market-opening ceremony attended by Saeed Wajdi, Chief of Treasury at DIB, and Hamed Ali, CEO of Nasdaq Dubai and DFM. Dr. Adnan Chilwan, CEO of DIB, emphasized that the listing not only reaffirms market confidence in DIB but also endorses the UAE's economic resilience and ambitions.
A new contract series for Oman Crude Oil Futures, specifically the December 2025 contract, will be available for trading starting on October 25, 2024. The contract, identified by the symbol OMOIL Z25, will be listed until October 24, 2025. This announcement is from the Dubai Financial Market and can be accessed on their website. The information is subject to change and is not a replacement for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.
The Dubai Financial Market (DFM) provided a weekly summary of regulated short sell transactions for the period from October 14 to October 18, 2024. During this period, Emaar Properties PJSC had a short sell trade volume of 2 and a trade value of AED 17.16. Additional information on regulated short selling can be found in the DFM Market Rules and related documents available on their website. The announcement is also accessible online. The disclaimer notes that the information is subject to change and DFM is not liable for any losses from the use of this data.
The Dubai Financial Market (DFM) announced the expiry settlement prices for equity futures contracts set to expire in October 2024. The prices are provided for various contract series, each with a specific symbol, settlement price in AED, and a contract ID (ISIN). The announcement includes details for contracts such as AIRARB, ANSRI, ARMX, DEWA, DEYAAR, DFMGI, DFM, DIB, DIC, DU, EMAAR, EMPWR, EMRDEV, ENBD, GFH, SALIK, and SHUAA. The full announcement can be accessed on the DFM website. A disclaimer notes that the information is subject to change and emphasizes that the Dubai Financial Market Regulated Derivative Contract Trading Regulation takes precedence in case of any inconsistencies.