Dubai: ‘Islamic Economy Award’ launch in November

Award is part of the upcoming Global Islamic Economy Summit in Dubai in November

GIES logoDubai: Under directive of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, Shaikh Hamdan Bin Mohammad Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has directed the launch of the “Islamic Economy Award” as part of the upcoming Global Islamic Economy Summit in Dubai in November.

The aim of the award is to acknowledge efforts made by business leaders in innovating the best solutions globally that comply with Sharia.

Commenting on the Islamic Economy Award, Shaikh Hamdan Bin Mohammad said: “The launch of the Islamic Economy Award highlights our commitment to enhancing and promoting the Islamic economy sector, in accordance with His Highness Shaikh Mohammad’s vision to establish Dubai as the Capital of the Islamic Economy. The award also serves as testament to the role played by Dubai as the capital of the Islamic Economy initiative, in promoting this sector, through the launch of a series of strategic initiatives and programmes, which aim at incorporate the various entities and individuals involved in this sector.”

“His Highness Shaikh Mohammad Bin Rashid Al Maktoum’s vision has helped us realise the importance of nurturing a culture that promotes creativity and innovation in all sectors, especially those directed at serving and further developing the business community. Therefore, committing to the highest standards of innovation is a prerequisite to maintain the accomplishments and gains that have been attained over the past few years,” Shaikh Hamdan Bin Mohammad added.

Mohammad Abdullah Gergawi, Chairman of the Executive Office of Shaikh Mohammad and Chairman of the Higher Committee for the development of the Islamic Economy sector, said: “With the ever-increasing interest in the Islamic economy and growing need for its products and services, it is essential for us to acknowledge the contributions made by business leaders in this sector and shine a light on the role they have played in the development of this sector. The Award will also inspire other entities and individuals working in the Islamic economy to raise the competition levels amongst them and continue to work on further developing this field.”