the world’s flagship free zone and Government of Dubai Authority on commodities trade and enterprise (DMCC) signed a cooperation agreement with the Palestine Islamic Bank (PIB).
Publish dateFriday 27 September 2024 - 00:14
According to Amac News: The partnership will facilitate secure Sharia-compliant transactions through the DMCC Tradeflow platform and address the growing demand for Islamic financial solutions in Palestine, according to a DMCC statement.
The contract signing ceremony was held at the DMCC headquarters in Dubai in the presence of Patrick Ghata, head of DMCC business flow, Dr. Imad Al Sadi, General Manager of Palestine Islamic Bank, Bashar Yassin, General Manager of the Association of Banks in Palestine and Islamic Finance.
Through this partnership, DMCC plans to expand the capabilities of its Tradeflow platform to offer Shariah-compliant financial products.
This agreement not only supports DMCC's broader mission to expand its trade finance offerings globally, but also addresses critical trade finance gaps.
The contract signing ceremony was held at the DMCC headquarters in Dubai in the presence of Patrick Ghata, head of DMCC business flow, Dr. Imad Al Sadi, General Manager of Palestine Islamic Bank, Bashar Yassin, General Manager of the Association of Banks in Palestine and Islamic Finance.
Through this partnership, DMCC plans to expand the capabilities of its Tradeflow platform to offer Shariah-compliant financial products.
This agreement not only supports DMCC's broader mission to expand its trade finance offerings globally, but also addresses critical trade finance gaps.
amacnews.com/vdcd.50f2yt099me6y.html
Source : news agency wam
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