Thursday, 13 April 2017

DMCC looks to expand into new commodities | GulfNews.com

DMCC looks to expand into new commodities | GulfNews.com:

"Dubai Multi Commodities Centre (DMCC) saw a 500 per cent increase in the value of murahaba transactions, a Sharia-compliant line of credit, last year, rising from Dh11.6 billion in 2015 to Dh58.4 billion in 2016. Over the same period, the number of companies registered at the DMCC Free Zone rose from 11,588 to 13,176, according to the organisation’s annual report, published on Thursday. DMCC executive chairman Ahmad Bin Sulayem said the free zone was registering seven new companies a day."



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