The bank will convene shareholders soon to vote on a rights issue worth Dhs504 million and raise its sukuk limit to $3 billion from the existing $2 billion ceiling.
The new trading-at-last session will start 20 seconds after 1355, allowing investors to place orders based on the already calculated closing prices of securities.
UAE banking sector revenues rose nearly 14 per cent last year but expansion shows signs of decelerating due to factors including oil price drop and a cooling of real estate markets.
The banks said that it is working closely with the central bank in setting up a Higher Sharia Authority that would complement and oversee the work of individual sharia boards.