First Abu Dhabi Bank (FAB) has announced its formal participation in the Majarra initiative, a global project focused on building an integrated platform for international capital market issuances, trading, and distribution. The initiative is based in Abu Dhabi Global Market (ADGM), the international financial center of Abu Dhabi, and is powered by Halo Investing in cooperation with local regulators and liquidity providers.
According to FAB, joining Majarra aligns with its strategy to promote global investment, capital mobility, and financial innovation. The bank expects this partnership to open new opportunities across its main business areas through a shared goal of creating a more efficient and transparent global financial system.
The collaboration is set to benefit FAB’s wealth management clients by offering access to a broader range of products for their portfolios. By connecting with Majarra’s network, clients will be able to invest in a wider selection of investment vehicles and cross-border opportunities that were previously less accessible.
FAB also anticipates expanded distribution capabilities as a result of the partnership. This includes quicker and more efficient placement of debt instruments, structured products, Islamic finance offerings, and treasury solutions for both domestic and international investors via Majarra’s interconnected platform.
Majarra aims to provide a stable and innovative network for capital markets globally while establishing ADGM as a hub for Islamic finance. The initiative seeks to standardize protocols and harmonize regulatory technology in order to boost liquidity, reduce transaction costs, and lower the cost of capital worldwide.
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