kaCentre for Zakat Management (CZM), engaged in organized collection and distribution of Zat and Sadaqua funds, received Islamic Economy Award from Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai. The award was received by Mr Niaz Rahim on behalf of CZM.
Centre for Zakat Management (CZM) was given the award for their outstanding performance and contribution to the poor.
A according to UAE based news portal Emirates247.com, the winners of this year Islamic Economic Awards were given to: Dubai International Financial Centre for Money & Finance; Chemical Company of Malaysia Berhad for Food & Health; Unity Productions Foundation for Media; Hajjnet for Hospitality & Tourism; Centre for Zakat Management for Waqf & Endowments; Affinis Labs for SME Development; Amanie Advisors LLC for Islamic Economy Knowledge Infrastructure; and Gould for Islamic Arts. Additionally, the ‘Lifetime Achievement Award’ was presented to Iqbal Khan, founder and CEO of Fajr Capital, for outstanding contributions to the Islamic economy.
Sheikh Mohammed bin Rashid Al Maktoum inaugurated the second edition of the Global Islamic Economy Summit (GIES) in Dubai. Over 2,000 policymakers, thinkers and business leaders gathered to take part in the two-day summit hosted by the Dubai Chamber, the Dubai Islamic Economy Development Centre (DIEDC), and Thomson Reuters.