Asset Management for Companies & Institutions

 

 

Asset management


Asset Management in Dubai is different compared to Asset Management for example in Western Europe. This is due to different kind of laws, which are the Islamic banking and the Islamic law as well the English common law. Local banks, which are based in Dubai down town, are regulated under the Islamic law and have mostly not license to do regular asset management for their clients.

Regarding to this fact that a lot of local banks in Dubai are not licensed to do Asset Management they have a need to offer asset management through a partner bank or even an insurance policy. If you open a bank account with a local bank that is not allowed to manage your assets, they will not ask you about your risk profile or your current strategy. They just do not offer to manage your funds.

Facts: Local bank do offer normal banking services like corporate banking, e-banking, credit and debit cards, loans, trade-finance etc. but mostly they are not able to offer asset management.

What do all the high net worth income clients do in the United Arab Emirates?

For these people Dubai invented Free Zones especially for banking. The most popular Free Zone is the Dubai International Financial Center – short DIFC – with its total independence from Dubai itself. The DIFC is under control of the Dubai Financial Services Authority (DFSA) and has its own law system. The law that the DFSA applies is comparable to the Common Law. Due to this, banks located in the DIFC are able to do asset management on Western standard.

Our network is your value. Dubai Banking Advisors knows the banking place Dubai very well and is excellent connected. The team of Dubai Banking Advisors helps you to find the perfect solution for your needs. Get in touch with us today. We are looking very much forward to get to know you!







Companies & Institutions

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S.F.Y. Management & Consulting FZE

SFY Management and Consulting FZE
Level 14,Boulevard Plaza Tower 1,
Sheikh Mohammed Bin Rashid Boulevard.
Downtown Dubai.
Dubai , United Arab Emirates.

Swiss Tel: +41 44 586 17 12
Dubai Tel: +971 4 368 0831
Dubai Fax: +971 4 455 8556
info@dubaibankingadvisors.com

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