Dubai, scene of massive defaults on sukuk two years ago, is now set to export Shariah-Compliant Finance to Europe. Note that this dawah activity is run by an arm of the UAE government…
Dubai’s financial services industry is fast emerging as a leading catalyst in the development of Islamic finance products and services to Europe, according to officials from Dubai Exports, an agency within Dubai Department of Economic Development.
Dubai Exports recently held a seminar to highlight Islamic Financial Opportunities in Germany and France. Speaking at the forum financial and legal experts said these two economies in the Eurozone have huge potential for Islamic Finance.
http://gulfnews.com/business/banking/dubai-to-export-islamic-finance-to-europe-1.754571
