Who Can Do Stock Trading ?

Topic locked
  • Reply
who can do Stock Trading ? Aug 01, 2006
i frinds i am doing stock trading in DFM. i have around 11000 Nos of TAMWEEL stocks but i dont have more experience and no time also.
Is there any company can do stock of others ? Please guid me. lalicom000@yahoo.co.in

lalicom
Dubai Expat Wannabe
User avatar
Posts: 7
Location: Dubai- துபை

  • Reply
Aug 02, 2006
stock trading is illegal in the uae
I-No-Jack
Dubai forums Addict
User avatar
Posts: 265
Location: Heart of HP

  • Reply
Aug 04, 2006
I-No-Jack wrote:stock trading is illegal in the uae

What :shock: ?

lalicom wrote:i frinds i am doing stock trading in DFM. i have around 11000 Nos of TAMWEEL stocks but i dont have more experience and no time also.
Is there any company can do stock of others ? Please guid me. lalicom000@yahoo.co.in

I don't know exactly what you are looking for. A broker? There's a list of UAE brokers here...

http://www.sharewadi.com/broker_list.php

But you'll need an investor number first (which you should already have if you got your TAMWEEL shares through the IPO).
sharewadi
Dubai Expat Helper
User avatar
Posts: 547
Location: Dubai

  • Reply
Aug 04, 2006
sharewadi wrote:
I-No-Jack wrote:stock trading is illegal in the uae

What :shock: ?

I guess he must be talking about stocks of something else
mraph33
Dubai Expat Helper
User avatar
Posts: 550
Location: On the 3-point arc

  • Reply
Aug 04, 2006
I'm sure Jack was just taking the piss.

Technically though shorting is illegal (haram) as are options.

Actually technically bonds should be forbidden as well although they are listed in both regional UAE exchanges so I guess this is a bit of a grey area.
fayz
Dubai Forums Knight
User avatar
Posts: 2880
Location: take a left at the Bebsi interchange, that is the Bebsi interchange

posting in Products and Services in DubaiForum Rules

Return to Products and Services in Dubai


  • Related topics
    Replies
    Last post