Abu Dhabi First Bank has officially announced its participation in the global initiative “Majra,” which aims to establish a comprehensive new platform for capital market issuances and trading on an international scale.
Majra offers immediate benefits to both the bank’s clients and the markets by leveraging its position within the Abu Dhabi Global Market (ADGM). The platform will be supported by the “Halo Investment” platform and will coordinate, as necessary, with local regulatory authorities and liquidity providers.
This move is a strategic step that enhances Abu Dhabi First Bank’s role in stimulating global investment, capital movement, and financial innovation. By connecting to the Majra network, the bank will gain access to a wide range of investment tools and cross-border opportunities that were previously unavailable. Furthermore, the bank will benefit from broader distribution opportunities, enabling it to market debt instruments, structured products, Islamic finance, and treasury solutions more swiftly and efficiently for both local and international investors via the interconnected platform provided by Majra.
The primary mission of this initiative is to create a stable, innovative, and interconnected global network for capital markets. Majra seeks to enhance liquidity, reduce operational costs, and lower global capital costs.