Tue 28-10-2014 18:48 PM
DUBAI, 28th October, 2014 (WAM) -- Dubai Multi Commodities Centre, DMCC Tradeflow, a dedicated online platform for registering possession and ownership of commodities stored in U.A.E.-based storage facilities, has received Global Islamic Finance Award for Best Supporting Institution 2014.
Ahmed bin Sulayem, Executive Chairman, DMCC, said, "DMCC has a deep heritage in Islamic finance and a longstanding track record in supporting the Islamic economy.
"Receiving the Global Islamic Finance Award for Best Supporting Institution 2014 is further testament to our commitment to the industry and our consistent drive to further support Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision to transform Dubai into the capital of Islamic economy globally.
"We are proud to be able to offer the Islamic financial markets a home-grown trade platform with U.A.E.-based availability of commodities as an alternative to existing Commodity Murabaha solutions in other parts of the world," he concluded.