Dubai Financial Market (DFM) and Al Maryah Community Bank (Mbank) have introduced IPO Upgrade, a new feature offering leverage options for selected initial public offerings (IPOs).
Mbank is providing this service, allowing investors to access up to five times leverage, in line with the Central Bank of the UAE (CBUA)’s regulations. This service enables investors to increase their subscription amount by up to five times for a nominal fee, potentially leading to a higher allocation.
“We thank DFM for its trust in Mbank and for offering us its advanced investment services,” said Mohammed Wassim Khayata, CEO at Mbank. “This would not have happened without the support of the Central Bank of the UAE, which has established the legal and regulatory frameworks to facilitate and develop the investment process in the United Arab Emirates, in accordance with the development of the local financial market economy in particular, and the Nation’s financial sector as a whole”.
This partnership highlights Mbank and DFM’s commitment to advancing the UAE’s financial sector. The collaboration aims to create a more efficient, accessible market that supports sustainable growth for investors and the economy.
