Aafaq Islamic Finance introduces ‘Osool’ to empower Emirati SME owners

SectorFinancial Markets

Dubai, United Arab Emirates, 15 February - UAE: Aafaq Islamic Finance, the leading Islamic Finance Company for individuals and companies in the UAE, in partnership with Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector , has announced a unique program called ‘Osool’ for Emirati SMEs to contribute towards the sustainable growth of the national economy.The program aims to support the objective of the UAE Government to support initiatives and programs that enable local SMEs to source funding.Mr. Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance, said "The SME sector is the driving force of any economy. We support the vision of our leadership and the government in empowering entrepreneurs and creating a conducive business environment. Our new program ‘Osool’, designed for Emirati SMEs is all about facilitating access to easy and flexible financing solutions for SMEs and entrepreneurs, thus helping them to take their business to new heights.”Mr.

Mahboob added:...