The subscription period has officially opened for the Chimera Solactive GCC Shariah Dividend ETF (GCCDIV), a new fund set to list on the Abu Dhabi Securities Exchange (ADX). The initial offering period runs from June 8 to June 16, 2026, giving investors the opportunity to participate before the ETF begins trading.
The fund tracks the Solactive GCC Shariah Dividend Index, providing exposure to a portfolio of dividend-paying companies across GCC markets while adhering to Shariah investment principles. The strategy combines two themes that continue to attract strong investor interest across the region: income generation and Islamic investing.
The launch comes as demand for dividend-focused products continues to grow across the Gulf. Investors have increasingly sought strategies capable of generating regular income streams while maintaining exposure to regional equity markets. At the same time, Shariah-compliant investment solutions remain one of the fastest-growing segments of the asset management industry as wealth managers and institutions expand their Islamic investment offerings.
For ADX, the addition of GCCDIV further strengthens the exchange's growing ETF ecosystem and reflects the continued development of the UAE's capital markets. Exchange-traded funds have become an increasingly popular vehicle for accessing diversified portfolios through a single listed security, offering investors transparency, liquidity, and relatively low costs compared with traditional investment structures.
The ETF is backed by Lunate, one of the region's largest alternative investment managers. Investors can subscribe through participating institutions including Wio Bank, First Abu Dhabi Bank (FAB), Mashreq, BHM Capital, among others.
How Investors Can Subscribe
Investors can participate in the offering through the ADX Investor Portal. After logging in, investors can select the GCCDIV offer from the subscription page, enter their email address and mobile number, and complete verification through a one-time password (OTP).
Once verified, investors will be prompted to enter their Investor Number (NIN) and date of birth. After validation, their investor details will automatically appear within the system. Investors can then proceed to the subscription page, enter their desired investment amount, select a broker such as Abu Dhabi Securities Exchange Depository Services or another participating broker and choose their preferred payment method before completing the transaction.
The subscription process reflects ADX's broader efforts to digitize access to capital markets and simplify participation in new investment products for retail and institutional investors alike.
As GCC capital markets mature and investor participation continues to expand, products such as GCCDIV are expected to play an increasingly important role in providing efficient access to regional investment themes, including dividend income, Islamic finance, and long-term wealth creation.
