Dubai government offers suppliers sharia-compliant finance

Dubai’s Department of Economic Development has announced a public-private partnership to provide government suppliers sharia-compliant finance.

The programme, in partnership with UAE firm Dar Al Tawreeq, aims to support government suppliers by speeding up the payment process while still allowing government agencies to benefit from competitive prices.

Improving supplier cash flow will also support the sustainable growth of businesses, the Dubai government said.

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Dubai government offers suppliers sharia-compliant finance

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