Dubai readying code for global legislative framework for Islamic finance by second quarter of 2021
The Dubai Islamic Economy Development Centre (DIEDC) is readying the code for a global legislative framework for Islamic finance by the second quarter of next year.
In an exclusive interview with Salaam Gateway, DIEDC said the framework aims to bridge the gap between different industry offerings across jurisdictions.
“We aim to complete the code by the second quarter of 2021,” said DIEDC. “During the process, we shall engage with the technical experts whose input shall be included in developing the code. The initiative has received strong support from industry stakeholders from around the world.”
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