26.03.2013 - DMCC hosts first Islamic commodity trade
The Dubai Multi Commodities Centre (DMCC) has hosted the first transaction on its new sharia-compliant commodity trading platform, a deal done between two local banks, company officials told Reuters on Monday. The Dh50 million ($13.6 million) facility signed by Noor Islamic Bank, the lending agent, and Commercial Bank of Dubai will be priced on Tuesday...............................................Full Article: Source
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