Palestine Exchange Launches its E-IPO System “IKTITAB”

Thursday, 14 September 2017

The new system was developed by PEX to streamline the process public offerings by shareholding companies. IKTITAB connects banks with the CSD platform and enables investors to subscribe electronically without using any traditional forms and provides the issuer with a clean shareholder book.

Mr. Ahmad Aweidah, CEO of PEX, said that IKTITAB is another important system developed by PEX same as the E-disclosure system IFSAH; it will further streamline the subscription process and enhance the operations of PEX.

IKTITAB was first used last month for the IPO of SANAD Construction Resources Company