Maximize your purchasing power as a participating client in Initial Public Offerings (IPO) and Rights Issues with our short term Wakala based financing facility, designed to magnify your returns
- An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance for the first time. An IPO allows a company to raise equity capital from public investors.
- A rights issue is an invitation to existing shareholders to purchase additional new shares in the company. This type of issue gives existing shareholders securities called rights. With the rights, the shareholder can purchase new shares at a discount to the market price on a stated future date.
Features and Disclosures
- Fully Shari’a-compliant (Please see Fatawa document)
- Competitive finance amounts, up to 1:5
- Flexibility in payment options
- Accessible for a diverse range of investors: UAE Nationals, UAE Residents (expatriates), and corporates
- Terms & Conditions apply. For more information please see Key Facts Statement
To know more about the application process and documentation please call 800 22 or write to Investment@AjmanBank.ae