UAE: The UAE cabinet has adopted the decision that companies that conduct activities in accordance to the Shariah must obtain the approval of the internal Shariah supervisory committees after their establishment and before starting their activities, a statement confirmed.
Concurrently, the cabinet approved the UAE joining the Global Alliance on Green Economy led by the World Green Economy Organization to support the country’s preparations to host the 28th session of the Conference of the Parties of the United Nations Framework Convention on Climate Change.