Dubai launches 'Islamic Gateway' online platform for SMEs

Dubai has launched an online platform for all Islamic economy-related industry intelligence, news, information and data needed by professionals to advance their business and fuel their innovations as well as for companies to broaden their reach.

To cater to the growing Shariah-compliant economy and finance industries, Dubai Islamic Economy Development Centre (DIEDC) and Thomson Reuters on Monday launched ‘Salaam Gateway – The Global Islamic Economy Gateway.’

The platform was launched at the two-day Global Islamic Economy Summit which began in Madinat Jumeirah, Dubai, on Monday.

“The Islamic economy portal is yet another significant milestone achieved by DIEDC to positions Dubai as the global capital of Islamic economy. The ‘Salaam Gateway’ is a first-of-its-kind initiative in the Islamic digital economy space that will go a long way  in strengthening Dubai’s endeavours to become a global knowledge platform and trusted reference for the fast growing Islamic economy sector,” said Abdulla Mohammed Al Awar, CEO of DIEDC.

Available in both English and Arabic, the platform is an essential business-to-business tool for increasingly Shariah-sensitive Muslim professionals, providing a comprehensive knowledge resource on all sectors of the Islamic economy. It is also the repository of an extensive database of Islamic economy companies across the globe.

“We look forward to continue to provide the world with the intelligence information it needs to further accelerate the growth of the global Islamic economy,” said Nadim Najjar, Managing Director of Thomson Reuters Mena.

‘Salaam Gateway’s specialised content include daily news, weekly insights, infographics, interviews, case studies, resources, research and events and courses.

The gateway will cover seven pillars of the Islamic economy – food; finance; travel and tourism; fashion, arts and design; pharmaceutical and cosmetics; media and recreation; and digital.

According to latest estimates, the overall size of the global Islamic economy is $1.81 trillion and is expected to grow to $2.58 trillion by 2020. With a population of 1.7 billion that is growing at two times the rate of the global population, there is no question that many opportunities that Islamic economies present are here to stay.

Small and medium enterprises can also benefit by listing on the platform to gain visibility to potential business partners, distributors, investors and press. The companies can also search for enterprises in their own or other countries for profitable partnerships.

 

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