emirates7 - The Securities and Commodities Authority (SCA) is urging investors to collect their unclaimed dividends through First Abu Dhabi Bank (FAB), which has been designated as the official paying agent for this initiative.
This move is part of the SCA’s continued efforts to safeguard shareholder rights for companies listed on UAE stock markets and to help investors recover any unclaimed dividends dating back to before March 2015.
To claim their entitlements, shareholders can access the “Investment Banking - Unclaimed Dividends” service on FAB’s website at www.bankfab.com. Once all necessary documents and information are submitted, FAB will process the request and transfer the dividends to the shareholder’s account within 10 working days.
Applicants must provide the following documentation: a copy of their Emirates ID (for UAE nationals and residents), a valid passport copy (for non-UAE nationals), a bank-issued certificate confirming the account number and IBAN, and any documents proving share ownership—such as share certificates or general assembly invitations (if available).
The SCA also noted that shareholders can email their complaints or feedback, which FAB will address within 10 business days. If a resolution is not reached within this period, the complaint may be escalated to the SCA by emailing sca_dc@sca.ae, along with all relevant documents previously submitted to FAB.
The SCA reiterated its dedication to improving the dividend recovery process in alignment with shareholder needs and the UAE government’s vision for delivering world-class public services.
This move is part of the SCA’s continued efforts to safeguard shareholder rights for companies listed on UAE stock markets and to help investors recover any unclaimed dividends dating back to before March 2015.
To claim their entitlements, shareholders can access the “Investment Banking - Unclaimed Dividends” service on FAB’s website at www.bankfab.com. Once all necessary documents and information are submitted, FAB will process the request and transfer the dividends to the shareholder’s account within 10 working days.
Applicants must provide the following documentation: a copy of their Emirates ID (for UAE nationals and residents), a valid passport copy (for non-UAE nationals), a bank-issued certificate confirming the account number and IBAN, and any documents proving share ownership—such as share certificates or general assembly invitations (if available).
The SCA also noted that shareholders can email their complaints or feedback, which FAB will address within 10 business days. If a resolution is not reached within this period, the complaint may be escalated to the SCA by emailing sca_dc@sca.ae, along with all relevant documents previously submitted to FAB.
The SCA reiterated its dedication to improving the dividend recovery process in alignment with shareholder needs and the UAE government’s vision for delivering world-class public services.