The Dubai Financial Market (DFM): was founded in 2000, as a stock exchange for the UAE. It is currently located in Dubai, United Arab Emirates. In a relatively short period of time, the Dubai Financial Market has become one of the leading financial markets in the UAE.
Nasdaq Dubai: is a Dubai-based stock exchange. Nasdaq Dubai lists regional and international shares in the Middle East. Nasdaq Dubai allows is popular with companies as they benefit from an investor pool that combines both regional and international wealth. For investors, Nasdaq Dubai is popular are it allows them to choose from a variety of securities so to help them maximize their returns.
Abu Dhabi Securities Exchange (ADX): was founded in 2000. ADX is part of ADQ, one of the UAE's largest holding companies. ADX is a market that allows for trading securities; including shares issued by public joint stock companies, bonds issued by governments or corporations, exchange traded funds, and any other financial instruments approved by the UAE Securities and Commodities Authority (SCA). ADX has become the second largest market in the region.
Stocks are a popular investment all over the world. Below is all the information you'll need to start investing in the stock market in the UAE. UAE residents have a variety of options available to them to invest. What's more, the law in UAE offers much security for investors.
In order to start investing in the UAE stock market, it's essential to have a stockbroker. You cannot start investing in the UAE without a broker. The broker will grant you access to Dubai Financial Market (DFM), NASDAQ Dubai, Abu Dhabi Securities Exchange (ADX). They will support you acting as an intermediary to transactions.
However, if you want to start investing in foreign stocks like Apple or Google for example, then you need to ensure the broker you go with can also grant you access to the international stock exchanges like NASDAQ. Sarwa is a good example of a company in the UAE which can allow individuals to invest in international markets.
Investors based out of any country can invest in both the Dubai Financial Market (DFM) and Nasdaq Dubai. All you need to do is apply for an Investor Number (NIN) to begin trading with both DFM and Nasdaq. This can be done with the Dubai CSD.
Yes, stock trading is legal in the UAE.