DMCC, the leading international business district in Dubai, has reached a significant milestone by securing Shariah certification for its DMCC Tradeflow platform. This achievement is expected to enhance Dubai’s position as a global hub for Islamic finance.

Credit: ZAWYA

The certification was granted by the Shariah Board of the Dubai Islamic Economy Development Centre. This recognition aligns with DMCC’s goal of facilitating trade through a comprehensive, Shariah-compliant framework, which will help in attracting more businesses to Dubai.

DMCC Tradeflow aims to streamline the trading process by providing a secure, digital platform for trade documentation. The initiative is designed to boost efficiency and transparency in transactions, thereby fostering greater confidence among investors and traders in the region.