UAE moves to legally define Murhaba and Ijara

ABU DHABI 10 July 2019: The UAE Central Bank’s Higher Sharia Authority (HSA), for financial and banking activities in the UAE was updated on the preliminary draft of the Sharia standard for ‘Murabaha’ and ‘Ijara’. […]

UAE dirham falls against major currencies

ABU DHABI 25 June 2019: The UAE Dirham in Q1-2019 depreciated against the currencies of top 10 non-dollarised import and non-oil export partners by 0.81 pc and 0.53 pc, respectively, on a quarterly basis, according […]

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