Want to buy shares in the UAE but not sure how? Whether you’re a beginner or just new to the UAE stock market, this guide will show you how to start investing quickly and safely.
What Are Shares?
Shares are parts of a company that you can own. When you buy shares, you become a part-owner and can make money if the company does well.
Where Can You Buy Shares in UAE?
There are two main stock markets in the UAE:
- Dubai Financial Market (DFM)
- Abu Dhabi Securities Exchange (ADX)
You can also invest in global stocks through online brokers.
Steps to Buy Shares in UAE
- Choose a Stock Broker
- Pick a broker licensed by UAE Securities and Commodities Authority (SCA) or Dubai Financial Services Authority (DFSA).
- Examples: ADCB Securities, Saxo Bank, eToro, FAB Securities.
- Open a Trading Account
- Sign up online or at the broker’s office.
- Provide your Emirates ID, passport, and proof of address.
- Fund Your Account
- Transfer money from your UAE bank account.
- Research Companies
- Look at top stocks on DFM and ADX.
- Use tools from your broker to check stock performance.
- Place Your Order
- Use the broker’s app or website.
- Decide how many shares to buy and confirm the trade.
- Track Your Investment
- Monitor prices, news, and company updates.
Best Stocks to Buy in UAE (2024)
| Company Name | Market | Industry | Why Consider? |
|---|---|---|---|
| Emirates NBD | DFM | Banking | Strong growth, good dividends |
| Emaar Properties | DFM | Real Estate | Leading developer in UAE |
| Etisalat Group | ADX | Telecom | High stability, regular profits |
| First Abu Dhabi Bank | ADX | Banking | UAE’s largest bank, steady growth |
| Dubai Islamic Bank | DFM | Islamic Banking | Sharia-compliant, popular choice |
Tips for Buying Shares in UAE
- Start Small: Test with a small amount.
- Diversify: Don’t put all your money in one company.
- Stay Updated: Follow market news.
- Check Broker Fees: Lower fees mean more profit for you.
- Use Demo Accounts: Some brokers let you practice first.
FAQs About Buying Shares in UAE
Can expats buy shares in UAE?
Yes! Both locals and expats can trade stocks.
Is stock trading halal?
Many UAE brokers offer Sharia-compliant options.
Do I need to pay taxes on profits?
No, the UAE has no capital gains tax.
Can I buy shares online?
Yes, most brokers have online platforms and apps.
Ready to Start Buying Shares?
Open an account with a trusted UAE broker today and start building your wealth! Buying shares in the UAE has never been easier.