Order With Reasons · Court of First Instance
CFI 087/2024 Al Ramz Capital LLC v Dubai Financial Services Authority
A reference record of CFI 087/2024, drawn from the decision's own text. It sets out who the parties were, who decided it, what the decision did and where to read it. It does not summarise the court's reasoning or offer advice on it.
Where cases like this arise in our work: DIFC Courts Litigation
At a glance
| Claim number | CFI 087/2024 |
| Court | DIFC Courts — Court of First Instance |
| Decision | Order With Reasons |
| Before | H.E. Deputy Chief Justice Ali Al Madhani |
| Date | 23 January 2025 |
| Date of issue | 23 January 2025 |
| Operative orders | 4 |
| Numbered paragraphs | 52 |
| Recitals | 4 |
Parties to CFI 087/2024
As the decision names them, with the role each appears in.
| Party | Role |
|---|---|
| Al Ramz Capital Llc | Claimant/Appellant |
| Dubai Financial Services Authority | Defendant/Respondent |
Sums named in the order with reasons
These figures appear in the text of the decision. They are reproduced as amounts only — what each relates to is set out in the judgment itself.
- USD 25,000
Authorities cited in CFI 087/2024
The decision refers to the following. They are listed as cited — what each was relied on for is set out in the decision itself.
Legislation and practice directions
- DIFC Law No. 1 of 2004 DIFC law
- DIFC Law No. 10 of 2004 DIFC law
Rules of the DIFC Courts applied
RDC 44.17, RDC 44.19 — see the RDC.
Other decisions citing the same authority
Records of other DIFC Courts decisions that cite at least one of the same instruments. Shared authority is not shared reasoning — each decision turns on its own facts.
- CFI 065/2021 — CFI 065/2021 Arif Naqvi v The Dubai Financial Services Authority also cites DIFC Law No. 1 of 2004
- CFI 054/2020 — CFI 054/2020 (1) Emirates Reit (Ceic) Plc (2) Equitativa (Dubai) Lim also cites DIFC Law No. 1 of 2004
- CFI 001/2016 — Mr. Giovanni v Gisselle Co. Advocates And Legal Consultants [2016] D also cites DIFC Law No. 1 of 2004
- CA 006/2025 — Oheo Bank v Parker [2025] DIFC CA 006 also cites DIFC Law No. 1 of 2004
- CA 003/2024 — Carmon Reestrutura-engenharia E Serviços Técnios Especiais, (Su) LDA also cites DIFC Law No. 10 of 2004
- ARB 018/2023 — ARB 018/2023 (1) Nuriel (2) Naufil (3) Nishat v (1) Nuzhat (2) Nayaa also cites DIFC Law No. 10 of 2004
Primary source
Everything on this page comes from the decision itself. The link goes to the court that issued it.
Acting on a court of first instance matter
This page is a record, not advice. If a matter of your own turns on the kind of question CFI 087/2024 dealt with, speak to us about the facts.