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Mubasher Trade Launches ‘Mubasher Islami’ In Egypt To Provide Dedicated Trading Platform For Shariah-Compliant Securities
Published Jun 27, 2011
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Mubasher Trade, the first e-trading company in the region and a subsidiary of Mubasher Financial Services (MFS), the Middle East’s top online trading platform, has announced the Egypt launch of "Mubasher Islami", a new division that specialises in a full range of Shariah compliant services, including a dedicated trading platform for Shariah compliant securities. Mubasher Islami further expands Mubasher’s comprehensive range of financial services for all investors, while consolidating the company’s stronghold in Egypt’s stock and financial markets.
Mubasher further revealed that the new trading facility is completely free of additional charges and requires no paperwork. All existing clients can easily activate the service on their account, while new clients can simply request for the Mubasher Islami service upon opening a new investment portfolio.
Malek Kanawati, CEO, Mubasher, said: "Mubasher continues to introduce more value added facilities with the launch of Mubasher Islami, which provides a dedicated trading platform for financial market players in Egypt who want to invest in Shariah-compliant securities. The new service reaffirms Mubasher’s commitment to consistently satisfy the expectations of our clients by providing powerful and innovative trading tools that meet their specific requirements. We will continue to develop more customer driven facilities and value added services as we move forward with our strategy to provide a more comprehensive range of financial services for all investors.”
Mubasher Islami, which is managed by Mubasher Trade, a subsidiary of Mubasher Financial Services that operates the Mubasher Trading System across all the GCC countries, Egypt and various international markets, also deals with Islamic banks through various methods including a direct link with client accounts for deposits and withdrawals. Mubasher Islami also offers dedicated Relationship Managers for high net worth clients, and provides investment research covering the regional shares through professional financial analysts.
Mubasher Financial Services is a subsidiary of Mubasher Financial Group that offers direct market access (DMA) to Middle Eastern and leading international stock markets through a single trading hub. The company supports both electronic and manual Straight Through Processing order execution on multiple markets including GCC, Northern Levant countries, South East Asian Markets, and US markets. It offers brokerage services via various trading platforms, dealer-assisted order placing, research, and a dedicated relationship manager.
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Posted by
VMD - [Virtual Marketing Department]
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