World Gold Council and DMCC to launch Shari'ah compliant Dubai Gold shares

Home
News

Monday 07, April 2008 by

World Gold Council and DMCC to launch Shari'ah compliant Dubai Gold shares

In a landmark move for the Islamic investment industry, the World Gold Council (WGC) and Dubai Multi Commodities Centre (DMCC) today announced their partnership to launch fully Shari'ah compliant Dubai Gold Shares with the intent to list them on the Dubai International Financial Exchange (DIFX), subject to the Dubai Financial Services Authority’s (DFSA) approval, under the trading symbol “GOLD.”

This content is available to registered users only.
Please click here to register/login.

Features & Analyses

Islamic Finance Barclays upbeat about Qatari banking sector

In its latest review of Qatar’s sovereign and banking sector, entitled Better than expected, Barclays said banking liquidity… read more

Investments Global accountants stick to plans for leases on balance sheets
Investment Banking Obligations and responsibilities of investment managers under draft SCA…
SME Finance Family businesses at the forefront of Middle East’s growth
Consumer Banking India's IT sector in unwelcome spotlight after ATM heist
see all archive