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Saturday, 20 July 2013

UAE: VP’s Islamic banking plan praised

DUBAI: UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed Bin Rahsid Al Maktoum received President of the Islamic Development Bank (IDB) in Saudi Arabia, Ahmad Mohamed Ali, and other IDB officials from the Islamic economy sector in Dubai and Islamic bankers, at Zaabeel Palace on Friday evening.

The Islamic economy sector’s officials and other bankers in the field praised the initiative “Dubai: Capital of Islamic Economy,” launched by Sheikh Mohammed earlier this year, saying the initiative reflects His Highness’ prudent vision for the future of Islamic economy in the region and in the world. 

They added that Sheikh Mohammed’s initiative has received the attention of local and global banking bodies and decision makers who started implementing it in their institutions.

During the meeting, which saw the presence of Dubai Crown Prince Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum and Dubai Deputy Ruler Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Sheikh Mohammed and his guests exchanged Ramadan greetings.

After Al Maghreb prayers, Sheikh Mohammed hosted an Iftar banquet in honour of his guests.

Also present at the meeting and the Iftar banquet were Chairman of Dubai Arts and Culture Authority Sheikh Majid Bin Mohammed bin Rashid Al Maktoum, Sheikh Mansour Bin Mohammed Bin Rashid Al Maktoum, other sheikhs, ministers, senior officials and heads of banking sector in the UAE.

(The Gulf Today / 20 July 2013)

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