Islamic architecture

Financial frontier

Category: ABS Regulation

Previous Story       Next Story

Premium Content

UAE poised for securitisation growth

The United Arab Emirates continues to ameliorate investment concerns by introducing new legislation and addressing issues presented by Sharia finance. In an amendment released on 12 November, the government abolished limited liability companies in the Dubai International Financial Centre (DIFC) and introduced new categories of public and private companies as part of a broader initiative in line with international best practices, providing a suitable regulatory framework and creating greater certainty and flexibility for companies. 

Already registered?

Not yet registered? Join today to access SCI Content.