There can be no assurance as to the Shariah compliance of the securities listed by Baraka. Clients should be aware that Shariah screened stocks may involve additional risks and costs. Baraka does not have an Islamic Window endorsement from the DFSA.
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Baraka makes no representations as to whether a particular investment is appropriate or suitable for you.īaraka provides traditional securities and does not intend to engage a Shariah advisor or obtain a fatwa regarding Shariah screened securities. You agree that Baraka has no fiduciary duty to you and is not responsible for any liabilities, claims, damages, costs and expenses, including attorneys’ fees, incurred in connection with you following Baraka’s generic investment information. Each decision as to whether an investment is appropriate or proper is an independent decision by you. Baraka will not accept liability for any loss or damage, including, without limitation, for any loss of profit which may arise directly or indirectly from use of or reliance on such information. In addition, Baraka shall have no liability for any losses arising from unauthorized access to information or any other misuse of information.Īny opinions, news, research, analysis, prices, or other information contained on our Website Services, or emailed to you, are provided as general market commentary, and do not constitute investment advice. Any commentaries, articles, daily news items, public and/or private chat publications, stock analysis and/or other information contained in the Website Services should not be considered investment advice.īaraka shall not be liable for any delay, inaccuracy, error or omission of any kind in the information provided by Baraka and/or any third party information provider or for any resulting loss or damage you may suffer as a result of or in connection with the information supplied by Baraka and/or any third party information provider. The content of the Website Services provided by Baraka is only intended to provide you with general information and is neither an offer to sell nor a solicitation of an offer to purchase any security and may not be relied upon for investment purposes. Any third party information provided through does not reflect the views of Baraka. Baraka does not warrant that the information is accurate, reliable or complete or that the supply will be without interruptions. Your investment can fluctuate, so you may get back less than you invested. Baraka is a wholly owned subsidiary of Baraka Technology Holding in Abu Dhabi Global Market.īaraka does not provide any trading or investment advice and shall not be responsible for any loss arising from any investment based on any general information provided by Baraka or as may be available on Baraka’s website and other web-based services (collectively, the “Website Services“). Therefore, the client money rules are not applicable to the business currently undertaken by Baraka. However, Baraka is not authorised to hold, nor control, client assets or money.
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NO MORE RACK APP LICENSE
It holds a Category 4 license with the permission of Arranging Deals in Investments, with a Retail endorsement. Baraka Financial Limited (“Baraka”) is registered in the Dubai International Financial Centre (“DIFC”) and is regulated by the Dubai Financial Services Authority (“DFSA”).