By Shalini Seth, Media ME
DUBAI – The Dubai Islamic Economy Development Centre (DIEDC) on Tuesday announced what it calls a “refreshed” growth strategy for the next five years until 2021, after multiple sessions of stakeholder engagement, with the objective of measuring and expanding its impact on the UAE’s gross domestic product, or GDP.
THREE PILLARS, THREE FOUNDATIONS
The strategy consolidates the original seven pillars of the Islamic Economy into three. The initial strategy in operation since the inception of the centre in 2013 rested on seven sectors – Islamic finance; halal industry; family-friendly tourism; digital infrastructure; Islamic arts, fashion and design; and standards and certification.
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