Dubai – Mubasher: Alsafwa Islamic Financial Services said its board of directors approved, in a meeting held Thursday, merging with Mubasher Financial Services (MFS).
MFS announced earlier it ranked on top among brokerage firms operating in Dubai Financial Market by traded volumes in the last two months.
It was also named the best retail brokerage by NASDAQ Dubai.
Alsafwa was listed on DFM’s secondary market on 26 November.