Dubai wants to be Center for Islamic Business

Dubai unveiled plans on Saturday to become a centre for business that follows Islamic principles in areas from banking and insurance to food processing, tourism and education. With a freewheeling commercial culture and a diverse population with cosmopolitan lifestyles, the booming emirate of 2.1 million people is not known for its Islamic scholarship. But in the past few decades, Dubai has used its international ties to become the Gulf’s main centre for finance, trade and travel. Officials said they would now focus on business related to the religious beliefs of the world’s 1.6 billion Muslims. “The total foreign …

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Dubai wants to be centre for Islamic business