On the 20th of August 2017, Ayedh Dejem Group has successfully launched The First Spot Gold Contract in collaboration with The Dubai Gold & Commodities Exchange (DGCX) for gold trading in international exchange that complies with Sharia Law. Through this partnership, both entities will be market leaders in the middle east, which will drag the attention of Islamic institutions and banks in the region.
Ayedh Bin Dejem, Chairman of the Group, said: “We are committed to deliver high quality products and services to our customers, and, in addition, this partnership is further evidence of how we are contributing to the growth of the Islamic Finance market. We believe our partnership with DGCX supports our vision to enhance cross-border collaboration as it offers access to the regional gold and commodities market, providing customers with improved hedging and investment solutions in compliance with Sharia law.”
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the article DGCX to Launch Region’s First Sharia Compliant Spot Gold Contract