CMA Issues Warning on Unlicensed Financial Firm in UAE

Sep 18, 2026

42 min

Sep 18, 2026 14:30

Capital Market Authority warns investors against unlicensed company

## Investor Alert

The Capital Market Authority (CMA) has issued a warning to investors regarding Qanat Al Amal Services and Call Centres, a company operating in the UAE without the necessary financial licenses. The CMA emphasized that this company is not authorized to conduct any financial activities or offer services regulated by the authority.

## Verify Before Investing

Investors are strongly advised to verify the legitimacy of any company before engaging in financial transactions or agreements. The CMA highlighted the importance of consulting the list of licensed companies available on their official website to ensure compliance and avoid potential risks.

## No Liability

The authority has made it clear that it will not be responsible for any transactions conducted with Qanat Al Amal Services. Investors are urged to exercise caution and perform due diligence to protect their financial interests.

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