Dubai Financial Market (DFM), in collaboration with Al Maryah Community Bank (Mbank), has introduced IPO Upgrade, a groundbreaking feature aimed at empowering investors through subscription leverage for selected Initial Public Offerings (IPOs).
Under this initiative, Mbank offers investors up to five times leverage, aligned with provisions from the Central Bank of the UAE.
The IPO Upgrade service provides participants with flexible investment multiples, allowing them to enhance their subscription amounts at a nominal fee. This innovation is expected to increase potential allocations for investors while ensuring seamless access through DFM’s user-friendly platform.
This initiative highlights Mbank’s reputation as a leader in digital banking and financial innovation. Speaking about the collaboration, Mohammed Wassim Khayata, CEO of Mbank, expressed gratitude to DFM for its trust, emphasizing the critical role of the Central Bank of the UAE in enabling such advancements. He noted that the service aims to attract investments, bolster market confidence, and uphold financial integrity in the UAE’s evolving financial sector.
The partnership reflects DFM and Mbank’s shared vision of transforming the UAE’s financial landscape through technology-driven solutions and strategic alliances. Investors can access further details about eligibility and subscription requirements through the DFM app or its official website.
This joint initiative reinforces the UAE’s position as a hub for sustainable growth and investment, fostering accessibility and innovation within the region's capital markets.
News Source: Dubai Media Office
