CBUAE

The Central Bank of the United Arab Emirates (CBUAE) is the regulatory body of UAE, which promotes financial and monetary stability, efficiency and resilience in the financial system, and the protection of consumers through effective supervision that supports economic growth for the benefit of the UAE and its people. Forex brokers and other financial companies are required to follow Sharia laws while providing services to its investors. But there are no obvious advantages for traders to choose UAE-specific brokers unless they are looking for Sharia compliant trading accounts.