Digitization of Union Cooperative Shares

Are you a Union Co-operative Shareholder?

Yes - please note that Union Cooperative Shares will now move to the digital trading platform and refer to the details in the below communication
No – you may contact us after the 1st of April, if you are interested in trading in Union Coop Shares

How will the trading process change for me?

Please refer the FAQs (English | Arabic) to address all your share trading queries.

What am I required to do?

  • Open an Emirates Islamic stock trading account
  • Open an Emirates Islamic Financial Brokerage account

By when should I open these accounts?

  • Active Trader of Union Coop shares - Open these accounts from 11th Feb 018 till 25th March 2018
  • Non-active trader of Union Coop shares – open the accounts at the earliest to ensure dividend payments are done directly into your accounts instead of through Managers Cheques

What are the documentation requirement for opening the accounts?
Originals of all below documents to be provided for verification purpose.
1. Documentation for Shareholder (Account holder)

  • Passport
  • Emirates ID
  • Family book (Khulasat Al Qaid) / Marsoum addressed to EI or EIFB

2. Documentation for Minors (18 to 21years)

  • Passport
  • Emirates ID
  • Family book (Khulasat Al Qaid) / Marsoum addressed to EI or EIFB
  • Guardian must provide Copy of his/her documents (Passport, Emirates ID, Family book / Marsoum addressed to EI or EIFB

3. Documentation for POA holders (for both account holder and POA holder being UAE nationals):

  • All documents as indicated above for shareholder/account holder (Passport, Emirates ID, Family book / Marsoum addressed to EI or EIFB)
  • Original POA
  • Original Passport + original Emirates ID of POA holder

4. Documentation for POA holders (for cases where POA holder is an Expatriate):
Shareholder (account holder) has to come to Bank Branch for the ‘first time’ to fill in account opening and confirm POA else account CANNOT be opened

  • All documents as indicated in point 1 above for shareholder/account holder (Passport, Emirates ID, Family book / Marsoum addressed to EI or EIFB)
  • Original POA
  • Original Passport + original Emirates ID of POA holder

Emirates Islamic Participating Branch List
Emirate Branch Name
Dubai EI Main Branch
EI Al Riqqah
EI Business Village
EI Garhoud
EI Dubai Fesitval City
EI Baniyas
EI Al Nakheel Road
EI Mamzar
EI Nad Al Hamar
EI Al Mizher
EI Al Twar
EI Hamriya Souq
EI Alkhaleej Centre
EI Bur Dubai
EI Diyafah
EI Dubai Investment Park
EI Dubai Mall
EI Oud Metha
EI Umm Suqueim
EI Al Mina Road
EI Health Care City
EI Dragon Mart
EI Dubai Souq
EI Ibn Battuta Mall
EI Al Quoz
EI Jebel Ali
EI Media City
EI Sh. Zayed Road
EI Sh. Zayed Road - 2
EI Silicon Oasis
EI Jumeirah Beach Residence
EI Jumeirah Lake Towers
Sharjah EI Halawan
EI Qasimiyah
EI Sahara Centre
Abu Dhabi EI Abu Dhabi (Airport Road)
EI Tourist Club

Click here for Branch location and timing.
Emirates Islamic Kiosks at Union Coop Locations (10 am - 4pm)
Dubai Etihad Mall - Al Khawaneej Road,Al Mizhar
Dubai Al Barsha Mall - 23rd St, Barsha


Who do I contact if I have questions?

Emirates Islamic Financial Brokerage: 600599904 - 600599908

Emirates Islamic Contact Center: 043160240

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