Mubasher launches “Mubasher Islami” to cater to investors dealing with Shariah-compliant securities

Published January 31st, 2009 - 09:41 GMT

Direct Broker for Financial Services LLC (DBFS), a subsidiary of Mubasher Financial Services which operates the Mubasher Trade System across all the Gulf Cooperation Council (GCC) countries, Egypt and many other international markets, has recently announced that it has finalised the details for the launching of "Mubasher Islami", a new division to cater to the needs of investors looking to deal with Shariah-compliant securities. The new service is part of Mubasher's ongoing strategy to provide a comprehensive range of financial services for all Middle East investors.
 
DBFS also revealed that its existing clients could subscribe to Mubasher Islami by contacting Mubasher's call centre at 800 567 000, while new clients can simply request for the service upon the opening of a new investment portfolio. Moreover, the service is completely free of additional charges and requires no additional paperwork.
 
"Mubasher is pleased to offer Mubasher Islami as a groundbreaking service facility designed specifically to address the requirements of stock and financial market players who want to invest in Shariah-compliant securities. It has been our mission to constantly provide cutting-edge tools that will make it easier for players in the regional market to facilitate their investment activities," said Ibrahim Abu Gharbieh, General Manager, DBFS.
Mubasher Islami enables regional investors to enjoy a full range of Shariah-compliant services including a dedicated trading platform for Shariah-compliant shares. The new DBFS division also deals with Islamic banks through various methods including a direct link with client accounts for deposits and withdrawals. The new service offers dedicated Relationship Managers for high net worth clients; and provides investment research covering the regional shares through professional financial analysts. 


 


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