The United Arab Emirates to Increase Shariah-Compliant Exports to Bolster the Islamic Economy

In line with the vision and directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates (UAE) and Ruler of Dubai, Etihad Credit Insurance (ECI) as well as the UAE Federal Export Credit Company (FECC) have joined hands with the Dubai Islamic Economy Development Center (DIEDC) to increase UAE exports via Shariah-compliant export credit solutions.

In a Memorandum of Understanding (MoU) inked between DIEDC and ECI, the two companies agreed to establish a committee to implement efforts directed at bolstering the Shariah-compliant exports of the UAE. The MoU is an outcome of the shared objectives of ECI and DIEDC to increase awareness for the Islamic econo...