A change in ownership of shares from one account to another or shareholder to another. “Edaa” facilitates an automated process that transfers shares where it will be validated and then transferred in accordance with the rules. Shares transfer is called in for the purpose of fulfilling various objectives including: inheritance distribution, family related transfers “between Spouses, or between spouses and their children”, donation to charity societies and organizations, etc.

In addition to the above activities: “Edaa” facilitates Equity Murabaha Financing accounts, an Islamic financing and 100% Sharia compliant structure that uses equities as the underlying asset to facilitate Tawarruq transactions. Members can receive the comfort that the ownership and subsequent sale of listed company shares is conducted in a fully efficient and compliant manner.