A DIFC Representative Office is a specialized type of Authorised Firm regulated by the Dubai Financial Services Authority (DFSA).
A DIFC Category 5 license is specifically for Islamic Financial Institutions that operate in full compliance with Sharia principles.
Authorised Firms holding a DIFC Category 4 license can perform one or more of the following activities:
A DIFC Category 3D license authorizes an Authorised Firm to offer financial services related to payment systems.
The DIFC Category 3C License authorizes an Authorised Firm to provide several financial services, including managing a collective investment fund, managing assets,
A DIFC Category 3B License authorizes an Authorised Firm to provide custody services specifically for a fund and to act as a trustee for a fund.
The ADGM Category 3A License permits firms to engage in Dealing in Investments as Principal (only as a Matched Principal) and Dealing in Investments as Agent.
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Category 3C License can also provide Financial Services under Category 4 but are restricted from offering services in Categories 1, 2, 3A, or 3B.
The ADGM Category 4 License allows an Authorised Firm to perform a range of financial services.......
An Islamic Financial Institution operates in strict adherence to Sharia principles and manages profit-sharing investment accounts received on an unrestricted basis.
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Morgan Vantage Group (MVG) Dubai is your trusted partner in navigating the complexities of DIFC financial licensing.
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This license is designated for an Authorised Firm permitted to engage in Financial Services, specifically Dealing in Investments as Principal and Providing Credit.
The DIFC Category 3A License authorizes an Authorised Firm to conduct one or more of the following Financial Services: Dealing in Investments as Principal