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Abraaj Investment Management Limited
The DFSA fined Abraaj Investment Management Limited USD 299.3 million for carrying on unauthorised financial services and engaging in misleading and deceptive conduct.
Date
2019-07-29
Entity type
fund manager
Action type
Fine
Fine (as written)
USD 299,300,000
Fine (normalised AED)
1,098,431,000
Personal fine
No
Regulations breached
Articles 41 & 41B of the Regulatory Law (Unauthorised Activity & Misleading Conduct)
Scraped at
2026-07-04T16:54:11.619183+00:00