Islamic Banking Pioneer
Islamic Banking Pioneer
Islamic Banking Pioneer
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Islamic Banking
Department of custody Trustees
The department of custody Trustees carries out many activities requested by the clients dealing in securities including:
Coding the new clients
Central book-keeping of shares at Misr for Clearing, Settlement and Central Depository (MCSD).
Allocation tasks resulting from the daily transactions on the stock exchange
Collecting dividends coupons on due dates.
Contracting with the securities companies to perform custody trustees works on their behalf.
Mortgage of shares.
Cancellation of share mortgage.
Other services:
Executing requests for freezing shares for the purpose of sale.
Answering the market inquiries during the daily dealing session.
Transferring custody requests from and to other custody trustees' records.
Opening Securities files for clients.
Issuing custody Contracts.
Securities Department
Department of securities provides customers with the following services:
Buying and selling of securities
Executing clients requests for subscription in the shares of companies