Sunday, 10 June 2018

DMCC welcomes Afghan bank to trade platform | ZAWYA MENA Edition

DMCC welcomes Afghan bank to trade platform | ZAWYA MENA Edition:

"DMCC, a leading Free Zone and Dubai Government Authority on commodities trade and enterprise, has welcomed the Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and ownership of commodities stored in UAE-based storage facilities. The announcement follows the signing of a memorandum of understanding (MoU) by Sanjeev Dutta, ?executive director, Commodities at DMCC and Amer Khalil ur Rehman, chief executive officer of the Islamic Bank of Afghanistan, at DMCC’s Almas Tower in Dubai. The collaboration will enable the Islamic Bank of Afghanistan to carry out Sharia-compliant Murabaha transactions using DMCC Tradeflow’s platform to take multi-currency trades from across the globe."



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