Makaseb requests temporary halt of operations

19 August 2010

Abu Dhabi-based brokerage firm Makaseb Islamic Financial Services has submitted a request to the Emirates Securities and Commodities Authority to temporarily halt its operations and asked its customers to visit the company's offices to settle their balances and/or transfer their shares, Emirates Business has reported. The firm is to resume its brokerage business once the market conditions return to normal and volume is restored.

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