Welcome to Al Fardan Financial Services
 
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Our Services:

The company's offices have been furnished with the most advanced technical methods to ensure the best services for our clients, smoothly and easily.  The customers' hall has been furnished with screens via which stock prices shall be shown instantly in addition to an internal effective system to get into contact with the brokers.

The company was also furnished with state-of-the-art technological devices and programs that ensures the best services to the clients, in our pursuit of our desire to increase the company's capability to compete and march alongside with the development of services offered by brokerage companies, such as:

1-             Sale and purchase of shares for clients at Dubai Stock Market and Abu Dhabi Stock Market through the company’s main center.

2-             Instant electronic exchange.

3-             Immediate SMS services for confirmation of transactions.

4-             Possibility for clients to view and follow their accounts online.

5-             Electronic risk management.

6-             Availability of Servers Backup, ready to work in case of any breakdown.

7-             Automatic storage of data.

8-             Advanced communication system

9-       Recording of phone calls regarding transactions operations.

 

How to open an account

We are pleased to offer you distinguished brokerage services in sale and purchase operations of shares at Dubai Stock Market and Abu Dhabi Stock Market through our office in Abu Dhabi, or through our website: www.afsuae.com

Procedures to open an account for transactions dealings

1-             Fill a form to open an account at Al Fardan Financial Services Company.

2-             Fill an application form to enter the investor’s data in case of  absence of previous investor’s number at Dubai Stock Market.

3-             Fill an application form for the issuance of an investor number in case of absence of previous investor’s number at Abu Dhabi Stock Market.

4-             In case of the client's desire to transfer stocks from the clearance room to the broker of the stocks enlisted at Dubai Stock Market, please fill an application form to transfer the financial papers between the clearance room and the broker and sign on the investor’s signature form.

5-             In case of the client's desire to transfer stocks from the clearance room to the broker for stocks enlisted at Abu Dhabi Stock Market, please fill an application form for transfer of financial papers.

6-             Sale or purchase order must be issued by the client, by a phone call, recording the phone call at the company on phone number: 0097126778444.

7-             The value of purchased stocks must be remitted, prior to the purchase transaction, to the bank account whose details are shown below:

 

In case of purchase at Dubai Stock Market:

-               Account Name: Al Fardan Financial Services Company

-               Account Number: 0152664022

-               Bank Name: Dubai National Bank

 

In case of purchase at Abu Dhabi Stock Market:

-               Account Name: Al Fardan Financial Services Company

-               Account Number: 0155785979

-               Bank Name: Abu Dhabi National Bank

 

Documents required to be enclosed:

a)             Individuals:

-               For UAE citizens: copy of passport and registry extract ( Khulasa).

-               For non- citizens: a copy (at least 2documents) of: passport, labor card (for those residing in the UAE), birth certificate, an official ID card issued by the government (such as, driving license or social security card).

-               If the investor’s number was for a individual establishment, a copy of the trade license and commercial register must be enclosed.

-               If the investor was a representative (attorney), a copy of such delegation/authorization, certified by the notary public, in addition to a copy of the representative’s passport, must be enclosed.

-               If the investor was a minor (less than 21 years old), and the guardian /custodian was somebody other than his/her father, copies of custody papers, certified by the notary public, in addition to a copy of the guardian/custodian’s passport must be enclosed.

-               In case of a joint account, all the above requirements must be enclosed for each person participating in the account.

 

b)            For companies:

-               A copy of the Commercial License and Commercial Register of the company or organization (which must be endorsed by the UAE Embassy and the Ministry of Foreign Affairs of the country of the company’s nationality, for companies not licensed in the UAE).

-               A copy of the authorization letter to the director or the company’s representative, authenticated by the notary public, in addition to the representative’s passport copy.

-               A list of the directors and partners of the company.

 

Updated on: 24/Jan/2009
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Updated on: 30/Nov/2008
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