Amana Capital Receives FCA License & Opens its Office in London

Apr 16, 2014, 05:04 ET from Amana Capital Group

BEIRUT, April 16, 2014 /PRNewswire/ -- - Amana Capital, the leading Middle Eastern financial services group that offers online trading services in international markets, has announced that its subsidiary, Amana Financial Services UK Ltd. (AFS UK), has been authorised by the Financial Conduct Authority (FCA) in the United Kingdom.

AFS UK joins other regulated group entities in Lebanon, Cyprus and the United Arab Emirates.

Amana Capital's client base has grown substantially over the last two years as it now services retail and institutional customers from more than sixty countries. "Our vision from the beginning was to provide high-quality services using state of the art technology in order to become the leader in the markets we operate in," said Ahmad Khatib, Chief Executive Officer of Amana Capital. "Therefore, the FCA license for us was the next necessary move and a significant step forward. We believe that AFS UK will further improve our ability to meet clients' needs as we build a dynamic business characterized by transparency, superior customer service, and robust customer protection," added Khatib.

The newly established entity will be offering its services from its office in Canary Wharf, one of London's major financial centers. "We are pleased to receive the UK authorisation and will always aim to meet the high expectations of our clients," commented Martin Couper, Director of Amana Financial Services UK, who also said: "The UK office will be focusing strategically on providing a reliable trading environment for clients, keeping in mind that the safety of clients' funds will always be one of our top priorities."

About Amana Capital: 

Amana Capital is an online trading provider focusing on brokerage services in international financial markets namely currencies, commodities, and stock indices. It operates several entities regulated and authorized by reputable regulatory bodies in Lebanon, United Arab Emirates, Cyprus and United Kingdom.

Risk Warning:  

CFDs are leveraged financial instruments that carry a high degree of risk. A loss of all invested capital is possible. Trading in CFDs may not be suitable for all investors. Before commencing trading, risks should be understood. If necessary, independent advice should be sought.


SOURCE Amana Capital Group