The requirements of securities withdrawal from the Dubai Central Securities Depository (Dubai CSD) are as follows:

An official letter or a depositing and withdrawing form should be sent by the investor completed with the following details:

Investor Name.
Investor Number.
Company Name.
Quantity of securities to be transferred.
Identify the transfer is to be made from Dubai Central Securities Depository (Dubai CSD) (tick the appropriate box on the form).
Trading member account number in the other market.
Trading member's stamp and authorized signature.
Submission of fees by Trading member.

Al Salam Bank – Sudan have different procedures for withdrawing shares from the Dubai Financial Market (DFM) to the Khartoum Stock Exchange, the investor should follow the below mentioned procedures:

Complete the Securities Deposit & Withdrawal Request Form. (tick the withdrawal box)
Attach a passport copy or ID copy of the individuals.
Attach a visa copy (for non-UAE nationals).
Attach the Articles of Association and Commercial Registration, which should illustrate the company’s nationality.
Submission of fees.

Note: In some cases there are requests to withdraw Gulf Financial House shares from the Dubai Financial Market (DFM) to the Al Bahrain Stock Market to re-transfer shares to the Al Kuwait Stock Market, and the reason for this is there is no sub-listed agreement signed between the DFM, Gulf Financial House and the Kuwaiti Company for Clearance. And in this case, usually the investor's letter for withdrawal of the shares does not mention the investor 's number or investor 's account details with the member. The Dubai CSD will accept the letter under the condition that the letter must specify that the reason to transfer securities to Bahrain is in order to re-transfer the securities to the Al Kuwait Stock Market.

Members FAQs