UAE: Five key factors driving Islamic finance growth
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.
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.
Remarkable progress has been achieved in three strategic sectors of Islamic economy – Islamic finance, halal trade and industry, and Islamic lifestyle in the emirate.
The Islamic economy stands in stark contrast to global economy with an increasingly viable elixir for stimulating global economic growth and success in the 21st century.
The CEO of DIEDC, briefed the Board on the progress of the initiatives and projects currently underway, and provided an overview of the DIEDC's achievements in 2014.
The aim is to make Dubai the centre of a global business market in Islamic products and services, from banking to food production, from tourism to education, and from cosmetics…