Mohammed bin Rashid commissions Dubai Crown Prince to oversee Islamic economy sector

WAM Dubai, Jan 09th, 2013 (WAM)– The UAE Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued a decree commissioning Dubai Crown Prince H. H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum to oversee the development of the Islamic Economy sector in the emirate.

Sheikh 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 the Chairman of Sheikh Mohammed ‘s Executive Office, Mohammed Abdullah Al Gergawi, with the Director General of the Dubai Department of Economic Development, Sami Al Qamzi, as Vice Chairman. Other members of the committee include the Vice Chairman of the Higher Board of the Dubai International Financial Centre, Abdul Aziz Al Ghurair, the Director General of Dubai Municipality, Hussein Nasser Lootah, the Director General of the Department of Islamic Affairs and Charity Work in Dubai, Dr. Hamad bin Al Sheikh Ahmed Al Sheibani, the Chairman of the Dubai Chamber of Commerce and Industry, Abdul Rahman Saif Al Ghurair, and the Chief Executive of Dubai’s Noor Islamic Bank, Hussein Al Qamzi, in addition to the Chairman of the Dubai Financial Market, Essa Kazim, who will serve as the committee’s Secretary General.

The decree states that the committee may co-opt other members that it deems suitable to help it to achieve its objectives.