The recent announcement that Dubai aims to become a global centre for Islamic finance and economy has sparked a surge of interest in the emirate in all aspects of Sharia-compliant business.
But in one business in particular, the Dubai Multi Commodities Centre, the news was greeted as confirmation of a trend that has been under way for at least seven years.
Ahmed bin Sulayem, the executive chairman of the DMCC, believes his organisation, the authority that runs the Jumeirah Lakes Towers Free Zone, has pioneered the use of sophisticated Islamic financial products and is ready to play a major role in the next stage of the industry's development.
Dubai Multi Commodities Centre a pioneering force in Sharia compliance - The National
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