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Legality of Defi in UAE
Hello, I am seeing more and more people aqking for Shariah compliant Defi protocol, does it mean it is forbidden to use as an uae resident some defi lending protocols ? I quote the law : "It is illegal in the UAE to give a loan on interest by an individual to another individual or a corporate...- petal355
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- Forum: Offshore Company
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Is it allowed to trade professionaly in Dubai without finance licence
Hi, I was wondering if it was allowed in Dubai to perform online day trading, of your own funds, as a peofessional (not a few trade per year but an infinite amount), as your principal activity, while holding an investor Visa. Question is are you allowed to trade your personnal funds as your...- petal355
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- Replies: 1
- Forum: Offshore Company
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Emirate ID processing time
Hello, assuming you already did the medical check and passport stamping, how much more time it will take to get the actual EID in your hands? I read different things about it, some mention its instabtly other a month. Thanks- petal355
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- Replies: 2
- Forum: Offshore Company