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Liquidity and cash flow programwill remove stress frombusinesses and families in UAE
be in straits,
grant him a delayuntil he can discharge his debt;
but if youwaive the sum as alms it will be better for you, if you but knew it." [The Cow 2:280]
“The fundamental principle of Islamic Finance is „shared risk and shared reward‟
therefore if debtor and creditor share the forgiveness of the debt, the burden is halved and both can move forward with
Gill Wallace Hope
Contractors, Small businesses, entrepreneursand families will receive payments in the UAEstarting Jan 2013it has been announced.
Gill Wallace Hope is leading the world‟s first
FDI that will inject capital directly at street levelto reduce the stress and suffering of grass rootscommunities, restoring liquidity, getting cashflowing and paying off debt.
ve got the necessary approvals and we
start in January 2013,” said Gill Wallace Hope,
Advisor to the G20, Financial Stability Boardand the Rulers of UAE in Abu Dhabi. Payment processing will take place online andcheques collected in Abu Dhabi.
“The UAE n
eeds all the entrepreneurs happyand healthy to build the economy and create jobs and micro-
enterprises”, added Hope.
Hope‟s Social Development Portfolio includes
Green Communities for Africa and India,200,000 micro-enterprises for unemployedwomen in KSA, Youth micro-enterprises for 100million unemployed youth across MENA.