His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has issued a decree assigning Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, to oversee the development of the Islamic Economy sector in the emirate. Shaikh Mohammed also approved the setting up of a high committee tasked with the development of the Islamic economy sector in Dubai. The committee will operate in accordance with an integrated system to develop the new sector. The committee will be chaired by Mohammed Abdullah Al Gergawi, Chairman of Shaikh Mohammed’s Executive Office, with Sami Al Qamzi, Director-General of the Dubai Department of Economic Development, as Vice-Chairman. Other members of the committee include Abdul Aziz Al Ghurair, Vice-Chairman of the Higher Board of the Dubai International Financial Centre; Hussein Nasser Lootah, Director-General of Dubai Municipality; Dr Hamad bin Al Sheikh Ahmed Al Sheibani, Director-General of the Department of Islamic Affairs and Charity Work in Dubai; Abdul Rahman Saif Al Ghurair, Chairman of the Dubai Chamber of Commerce and Industry; and Hussein Al Qamzi, Chief Executive of Dubai’s Noor Islamic Bank, in addition to Essa Kazim, Chairman of the Dubai Financial Market, who will serve as the committee’s Secretary-General.
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