Wednesday , January 16 2019

Afghan bank joins DMCC platform

DUBAI / WAM

DMCC welcomed Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and ownership of commodities stored in UAE-based storage facilities.
The collaboration will enable the bank to carry out Sharia-compliant Murabaha transactions using DMCC platform to take multi-currency trades from across the globe. DMCC Tradeflow has handled AED25.5 billion worth of sharia-compliant commodities traded in first 4 months of 2018.

About Admin

Check Also

UAE, India to boost ties in infrastructure sector

Dubai / WAM The Director-General and Chairman of the Board of Executive Directors of the ...

Leave a Reply

Your email address will not be published. Required fields are marked *