According to Al-Ittihad newspaper, Al-Mansouri clarified that the market administration is currently seeking to launch a new group of financial products, through an advanced and innovative digital platform with higher levels of transparency, including ETFs and real estate investment funds.
He noted that the market is considering offering financial tools to enable the strategic investor to take advantage of the shares he prefers to hold so that he can lease or use the shares he owns for other purposes in the investment.
Al-Mansouri explained that these tools include safe lending, shorts and derivatives, indicating that the aim of offering these tools is to increase trading in the market.
He pointed out that since the end of 2019, foreign investors can access additional shares of 6.3 billion dirhams through 3 different sectors, stressing that foreign investors can at the present time Investing in 55 companies in the market, which represents about 80% of the companies listed on the market.
Al-Mansouri revealed the launch of a company an investment fund to invest in shares of local companies that comply with Islamic law during the next month, stressing that the new fund will give individual investors an opportunity to invest in documents Mutual Funds.
(Fun Knowledge of Knowledge)
