SHUAA Capital psc announced Tuesday that its wholly-owned subsidiary, Gulf Finance Corporation, a leading UAE-based boutique finance company focused on the needs of small- and medium-sized enterprises (SMEs), has engaged with the UAE Central Bank for a license to establish an Islamic Window for some of its financing activities.
Gulf Finance plans to submit the necessary applications in the first quarter of 2013 with a view to being market-ready in the spring of 2013, subject to regulatory approvals………………………………………..Full Article: Source