Business | Banking

DBFS to launch unit for Sharia services

Direct Broker for Financial Services, a subsidiary of Mubasher Financial Services that operates the Mubasher Trade System in the Gulf and other many other markets.

  • Staff Report
  • Published: 00:08 July 14, 2008
  • Gulf News

Dubai: Direct Broker for Financial Services (DBFS), a subsidiary of Mubasher Financial Services that operates the Mubasher Trade System in the Gulf and other many other markets, said it will launch a new division to cater to the needs of investors looking to deal with Sharia-compliant securities.

It said the new service is part of its ongoing strategy to provide a comprehensive range of financial services for all Middle East investors.

"Mubasher is pleased to offer Mubasher Islami as a ground-breaking service facility designed specifically to address the requirements of stock and financial market players who want to invest in Sharia-compliant securities," said Ebrahim Abu Gharbieh, the general manager of DBFS.

Gulf News
Douglas Okasaki

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