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Dubai introduces Islamic categorisation for company registration

Posted on 29 January 2013

The Department of Economic Development in Dubai (DED) is developing the Islamic-compliant standard to classify or categorise the registered businesses in Dubai, Mohammad Al Shael, CEO of Business Registration & Licensing Sector at DED, said.
“The department is developing an official standard for Islamic-complaint companies as part of the required infrastructure to make Dubai the world’s Islamic-complaint economic capital.” Earlier this month, His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, launched a new initiative that would make Dubai a global capital for the Islamic economy………………………………………..Full Article: Source

 
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