Dubai Islamic Economy Development Centre expands network of strategic partners in GCC region

• Signs cooperation agreement with Islamic Economics Institute of King Abdulaziz University in Saudi Arabia
• Agreement mandates exchange of knowledge and expertise, enables coordinated efforts in research, education and training
• Al Awar: Knowledge is fundamental to guarantee the growth of Islamic economy in the long term

Dubai-UAE: 4 December 2019 - Dubai Islamic Economy Development Centre (DIEDC) signed a cooperation agreement with Islamic Economics Institute (IEI) at King Abdul Aziz University in Saudi Arabia, expanding its network of strategic partners in the GCC region. The agreement opens doors for the exchange of knowledge and experience in Islamic economy between the two entities, in addition to coordinating their efforts in research, education, training, and in launching initiatives focused on Islamic finance in particular, and the Islamic economy in general.

The agreement was signed by Abdulla Mohammed Al Awar, Chief Executive Officer of DIEDC, and Dr Abdullah Qurban Al Turkistani, Dean of Islamic Economics Institute, in the presence of senior officials from both entities.

Through this agreement, both entities will hold joint scholarly and media events such as conferences, seminars, and forums to support the Islamic economy sector, especially in the legislative and technical fields. DIEDC and IEI will also work together to enrich Islamic economy knowledge through training courses and workshops that aim to enhance peoples’ awareness about the pillars and foundations of Islamic economy. Other areas of collaboration include the preparation of joint research studies and collection of data on Islamic economy.