Islamic Management and Governance Centre to be set up in Dubai

Abu Dhabi: The Department of Economic Development (DED) in Dubai and the Institute of Corporate Governance (Hawkamah), a subsidiary of the Dubai International Financial Centre (DIFC), have signed an agreement to cooperate in the setting up of an Islamic Management and Governance Centre in Dubai.

The agreement, signed between Ali Ibrahim, Deputy Director General of DED, and Dr Ashraf Gamal El Din, CEO of Hawkamah, is part of public sector collaboration for developing the economic and trade aspects of Islamic governance across all levels in Dubai.

The Centre will focus on management aspects in organisations including Islamic financial institutions but will also work to ensure its implementation in alignment with best global governance practices.