UAE: The Dubai Financial Market (DFM), in collaboration with Al Maryah Community Bank (Mbank), has introduced IPO Upgrade as part of its IPO subscription process on the 19th November 2024. This service provides investors with additional leverage when subscribing to selected IPOs.
Through IPO Upgrade, Mbank will offer investors the opportunity to access up to five times leverage, in accordance with provisions issued by the Central Bank of the UAE.