UAE Introduces E-Service for Claiming Unclaimed Dividends in Partnership with FAB

In collaboration with First Abu Dhabi Bank (FAB), the Securities and Commodities Authority (SCA) has introduced a new e-service for shareholders to claim unclaimed dividends from locally listed public joint stock companies dating back to before March 2015.

This initiative is part of the UAE government's efforts to enhance public service quality, making processes more efficient and convenient for users. The e-service offers diversified channels, allowing shareholders to submit and track their payback requests through the FAB website. Once the necessary documents are submitted, FAB will review the request and transfer the dividends to the shareholder's account within ten business days.

SCA remains committed to simplifying the process for investors to retrieve their unclaimed dividends, reflecting the government's dedication to meeting public needs and maintaining its reputation for delivering world-class services.

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