DMCC Powers Islamic Bank of Afghanistan With Shariah-Compliant Murabaha Transaction Capability to Expand Its Offerings

Press release
Published June 10th, 2018 - 06:44 GMT
During the event
During the event

DMCC, the world’s flagship Free Zone and Dubai Government Authority on commodities trade and enterprise, is entering new markets and has welcomed the 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 announcement follows the signing of a Memorandum of Understanding (MoU) by Sanjeev Dutta, ‎Executive Director, Commodities at DMCC and Amer Khalil ur Rehman, Chief Executive Officer of the Islamic Bank of Afghanistan, at DMCC’s Almas Tower in Dubai.

The collaboration will enable the Islamic Bank of Afghanistan to carry out Sharia-compliant Murabaha transactions using DMCC Tradeflow’s platform to take multi-currency trades from across the globe.

“At DMCC we believe in building strong strategic partnerships with industry leaders to tap into new markets. We are pleased to welcome the Islamic Bank of Afghanistan to the DMCC Tradeflow platform. Our partnership will facilitate the bank’s Murabaha transactions to develop a wide range of new Islamic financial solutions, through the platform robust regulatory framework, unparalleled security and an active trading base for commodities title transfers,” said Sanjeev Dutta, ‎Executive Director of Commodities at DMCC.

“Exceeding 26,000 transactions in the first quarter of 2018, the number of trading members and transaction volumes through DMCC Tradeflow is regularly increasing. This strong performance reflects the trust placed in DMCC Tradeflow by its customers, and we will continue to provide the market with innovative commodity trade solutions going forward,” he added.

A fully digital and interactive ownership registry, DMCC Tradeflow has handled AED 25.5 billion worth of shariah compliant commodities traded in the first four months of 2018, involving more than 30 financial institutions across three continents.

Amer Khalil ur Rehman, Chief Executive Officer of the Islamic Bank of Afghanistan, also said:

“We are pleased to mark our collaboration with DMCC by signing this agreement and becoming a member of the DMCC Tradeflow community. This will enable us to offer a broader range of Shariah-compliant financial products and services, and reach to the unbanked customers within our country”.

The Islamic Bank of Afghanistan sees Shariah-compliant finance as a unique feature that could help attract more people into the country’s financial system. The Islamic Bank of Afghanistan had paid-up capital of US$25 million and held US$187 million of deposits as of December 2017, offering its services across a network of 59 branches.

DMCC Tradeflow enables banks, financiers and suppliers to manage and mitigate potential risks across the commodity value chain by providing a transparent, regulated platform for registering possession of commodities, which are stored in DMCC’s UAE-based facilities. 

Background Information

Dubai Multi Commodities Centre Authority

DMCC is a government entity established in 2002 to enhance commodity trade flows through Dubai. We perform a range of roles which continue to position Dubai as the preferred destination for global commodities trade and DMCC as the world’s No.1 Free Zone.

القاهرة: مخترق حساب المستشارة مروة بركات من عناصر "لواء الثورة"

Published February 23rd, 2019 - 11:35 GMT
مخترق حساب المستشارة، مروة بركات، عنصر من عناصر جماعة لواء الثورة الهارب إلى تركيا
مخترق حساب المستشارة، مروة بركات، عنصر من عناصر جماعة لواء الثورة الهارب إلى تركيا

كشف مؤسس "الجيش المصري الإلكتروني"، الرائد خالد أبو بكر، في تصريح لقناة "RT" أن مخترق حساب المستشارة، مروة بركات، عنصر من عناصر جماعة لواء الثورة الهارب إلى تركيا، بلال حسام.

وأشار أبو بكر إلى أن بلال حسام من أخطر الهاكرز المنتمين لحركة "حسم"، مضيفا أن خروجه من مصر رغم خطورته يعد "تقصيرا يجب محاسبة المسؤول عنه، خاصة أن له ارتباطات قوية بالأذرع الإعلامية لجماعة الإخوان المحظورة وبأجهزة مخابرات قطر وتركيا".

وقال أبو بكر في تصريحاته أنه سبق له أن نبه إلى خطورة تلك الأذرع الإعلامية، التي تثير الشائعات والفتن داخل مصر، مشيرا إلى أنه "يجب تعقبها وتقديمها إلى العدالة".

هذا وجرى ضبط بلال حسام في وقت سابق وحبسه، وقد تمكن من الدخول إلى تركيا بعد هروبه للسودان.

تجدر الإشارة إلى أن منشورا ظهر في صفحة مروة بركات على "فيسبوك"، قبل ساعات من تنفيذ حكم الإعدام بحق 9 أشخاص أُدينوا بقتل أبيها النائب العام المصري، هشام بركات، وجاء في نصه ما يلي: "شهادة أمام الله، عرفت أن في شباب في قضية اغتيال بابا هيتعدموا قريب.. أنا هقول اللي جوايا وأمري لله لأن دي أرواح ناس زي روح بابا.. الولاد دول مش هما اللي قتلوا بابا وهيموتوا ظلم الحقوهم واقبضوا على القتلة الحقيقيين".

وبعد فتح تحقيق في ذلك تم التوصل إلى أن صفحة ابنة النائب العام هشام بركات، الذي تم اغتياله عام 2015، جرى اختراقها من قبل هاكرز.

 

 


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