Essa Kazim, the chairman of Borse Dubai, which owns the emirate's biggest financial markets, is looking forward to a wave in sukuk activity as Dubai seeks to become a global centre for Islamic business.
Mr Kazim, who is also secretary to the committee set up to oversee the Islamic strategy, told The National: "Three years ago, Nasdaq Dubai was the biggest market in the world for sukuk issuance. It is possible to regain that advantage if we see a wave of new sukuk and other Islamic activity.
"Sukuk issuance and listing is one of the areas where Dubai can be a hub, as part of the broader strategy to capitalise on our existing infrastructure and build a full Islamic economy," added Mr Kazim.
http://www.thenational.ae/thenationalconversation/industry-insights/finance/borse-dubai-ready-to-build-on-new-wave-of-sukuk-activity
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