UAE: Dubai Islamic Economy Development Centre Expands Footprint to Far East
Abdulla Mohammed Al Awar, CEO of DIEDC, and Raymond Yip, Deputy Executive Director of HKTDC, signed the agreement during an official visit.
Abdulla Mohammed Al Awar, CEO of DIEDC, and Raymond Yip, Deputy Executive Director of HKTDC, signed the agreement during an official visit.
This was stated after Abdulla Al Awar, CEO of Dubai Islamic Economy Development Centre, and Amer Bukvic, CEO of Bosna Bank International, signed a Memorandum of Understanding, MoU.
Malaysia can lay claim to be the center of the world’s global Islamic economy, but the United Arab Emirates (UAE) is hot on its heels, according to new research.
Halal industries commanded a 94.5 per cent share of domestic trade in 2016, with halal food representing 58.7 per cent.
The new MoU will help open up investment opportunities and the potential for sustainable growth of sharia-compliant products and services.
Regulating the Islamic finance sector and defining its frameworks and references will not only expand the market further, but also enhance its social and economic impact on many countries.
DIEDC will work with International Halal Accreditation Forum (IHAF)and the Emirates Authority for Standardization and Metrology (ESMA)—to achieve its goal of harmonising Halal certification standards.
Group of Strategic Vision ‘Russia – Islamic World’ (RIW Group) to exchange expertise and best practices in the field of Islamic economy with the Dubai Islamic Economy Development Centre.
DIEDC has announced that the fourth edition of the Global Islamic Economy Summit (GIES) will be held in October 2018, under the aegis of Sheikh Mohammed Bin Rashid Al Maktoum.
DAFZA’s Strategy for Islamic Economy is based on strategic initiatives involving the Islamic economy and halal sectors