U.A.E. Margin Trade Crackdown Fans Shariah Push: Islamic Finance

Brokerages in the United Arab Emirates, where the market regulator last month vowed it may create new rules to control so-called margin trading, are increasingly offering Shariah-compliant versions of the service. Mena Corp. Financial Services LLC, an Abu Dhabi-based investment firm, signed a 50 million-dirham accord last week with Dubai-based…