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Tag: Islamic economy

UAE: Dubai Chamber, Thomson Reuters highlight Islamic Economy potential

| 30/09/2013 | Reply
UAE: Dubai Chamber, Thomson Reuters highlight Islamic Economy potential

Dubai Chamber of Commerce and Industry , in partnership with Thomson Reuters , organised the first roundtable discussion for media on ‘What is the Islamic Economy?’ as a prelude to the ‘Global Islamic Economy Summit’ taking place 25-26 November 2013.

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On Track to an Islamic Economy

| 25/09/2013 | Reply
On Track to an Islamic Economy

The notion that Islamic Finance and the Halal food sector ‘belong together’ in a holistic rather than a circumstantial way, is starting to gain a bit of traction, not just on the conference circuit, but also around the tables where Big Decisions get made.

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Opinion: Promoting the origination of Islamic Assets

| 23/09/2013 | Reply
Opinion: Promoting the origination of Islamic Assets

An exclusive interview with Yavar Moini, head of Islamic Finance at M Capital Group, a merchant banking group, and formerly ran Morgan Stanley’s global Islamic Finance business regarding ‘Dubai the Centre of Islamic Economy’.

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UK: London steps up Islamic finance ambitions

| 19/09/2013 | Reply
UK: London steps up Islamic finance ambitions

Britain is encouraging banks through a task force to establish sharia-compliant products, aiming to position London as a Western hub for a fast-growing Islamic finance sector that is expected to reach $2.6 trillion by 2017.

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UAE: European Halal foods firm moves to Dubai

| 19/09/2013 | Reply
UAE: European Halal foods firm moves to Dubai

Dubai FDI, the foreign investment office in the Department of Economic Development (DED), along with the Austria Business Center has facilitated the successful establishment of a European Halal foods company in Dubai.

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Dubai: Global Islamic Economy Summit Open for Registration

| 15/09/2013 | Reply
Dubai: Global Islamic Economy Summit Open for Registration

Summit is in line with the launch of ‘Dubai: Capital of Islamic Economy’ by His Highness Sheikh Mohammed Bin Rashid Al Maktoum. It will be held at the Madinat Jumeirah in Dubai on November 25 and 26, 2013.

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Turkey: Islamic finance may reconstruct MidEast

| 12/09/2013 | Reply
Turkey: Islamic finance may reconstruct MidEast

President of the Global University for Islamic Finance (INCEIF) Daud Vicary Abdullah has said, “I don’t think [the crisis] will make too much impact on Islamic finance. Rather it can be seen as an aspect for reconstruction.”

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UK and UAE complement each other on Islamic finance

| 12/09/2013 | Reply
UK and UAE complement each other on Islamic finance

Senior Minister of State at the UK’s Foreign and Commonwealth Office Baroness Warsi welcomed Dubai’s initiative to be the global centre of Islamic economy, saying that the two countries “absolutely” complement each other in this regard.

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UAE: Dubai focuses on Islamic finance as part of its economic diversification strategy

| 04/09/2013 | Reply
UAE: Dubai focuses on Islamic finance as part of its economic diversification strategy

Plans to establish Dubai’s credentials as a centre for Islamic finance took a step forward in July with the opening of a new academic institution to train professionals for employment in the sector.

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UAE: Amaf to position Dubai as the centre of the Halal market

| 17/08/2013 | Reply
UAE: Amaf to position Dubai as the centre of the Halal market

Awqaf and Minors Affairs Foundation(Amaf) intends to build a business model to position Dubai as a hub for the rapidly growing Islamic Halal market as part of its strategic plan for 2013-2016.

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Opinion: Muslim consumerism

| 31/07/2013 | Reply
Opinion: Muslim consumerism

Muslim consumerism is linked to real economy sectors. Dubai’s vision for Dubai as an Islamic economy led by Muslim consumerism and supported by halal industry companies and Islamic and conventional banks.

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UAE: Dubai launches new centre for Islamic banking

| 26/07/2013 | Reply
UAE: Dubai launches new centre for Islamic banking

Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum has launched the Dubai Centre for Islamic Banking and Finance as a first step to establishing Dubai as the world’s capital for Islamic economy.

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UAE: Al Islami announces Dhs100m processed food facility in Dubai

| 30/06/2013 | Reply
UAE: Al Islami announces Dhs100m processed food facility in Dubai

Al Islami Foods announced that it will soon establish a new state-of-the-art food processing facility at an investment of Dhs100m, to meet the increasing regional demands for high-quality halal food products.

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Dubai: Giant leap in diversification

| 09/01/2013 | Reply
Dubai: Giant leap in diversification

Along with initiatives on Islamic finance announced by Shaikh Mohammed, was the development of commercial standards for Islamic industries and guidelines for Halal food manufacturing. Dubai also seeks to develop Islamic quality standards for Halal food approval.

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