Thursday, March 21, 2013

Centralised legal framework for Islamic economy soon


The Islamic Economy Higher Committee will create legal bodies to certify the Islamic products in Dubai by the end of this year. However this will be left optional, the Committee’s member and Director General of Dubai Department of Economic Development, Sami Al Qamzi, told Gulf News.

By the end of this year, the Islamic Economy Higher Committee will come out with a unified Islamic legislation to help encourage and support Islamic products in the emirate as well as to encourage the initiative of Dubai becoming the world capital of Islamic economy, he said.

“Dubai is looking for a central Islamic legal framework which enhance the credibility of Islamic products as well as encourage demand on this economic sector.”
Read more: http://www.gulfbase.com/news/centralised-legal-framework-for-islamic-economy-soon/232217

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