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Dubai Islamic Economic Roundtable 2014 SERIES 1

Dubai as the World’s Capital of the Islamic Economy

On the 30th April 2014, a group of leading industry experts gathered at the Dubai International Financial Center (DIFC) to discuss the strategy and prospects for Dubai to drive its ambitions as a global capital of Islamic economy. In October of last year Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, announced a three-year program to promote Dubai as the leading global center for the Islamic economy, based on a framework of seven key pillars and supported by 46 strategic initiatives.

While the development of Dubai as a hub for Islamic banking and finance is central to this objective, the reach goes far beyond this to encompass a holistic synergy between every aspect of the Islamic economy. Islamic Finance news was delighted to bring together Abdulla Mohammad Al Awar, Prasanna Seshachellam, Bashir Ahmed and Dr Amat Taap Manshor, in the first of the seminal Dubai Islamic Roundtable series (in partnership with the Dubai government, Dubai Economic Council and the DIFC) to discuss their views on the roadmap towards achieving this ambitious goal.

The result was a rewarding critical dialogue spanning crucial issues surrounding regulation, competition, standardization and integration; and evaluating Dubai’s position both regionally and within the wider global arena. We are proud to bring you a unique perspective on this ambitious initiative, which offers honest, objective and unparalleled industry insight from some of the most important players in the field.

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Abdulla Mohammad Al Awar
CEO – Dubai Islamic Economy Development Center

Prasanna Seshachellam
Director & head of Islamic finance – Dubai Financial Services Authority (DFSA)

Bashir Ahmed
Partner – Afridi & Angell

Dr Amat Taap Manshor
CEO – Finance Accreditation Agency, Malaysia