Aug 16, 2024
Mudarabah contracts – an Islamic contract whereby a financier (Ras Al Mal) enters into a profit-sharing agreement with the recipient (Mudreb) with the former assuming all fin
Jul 16, 2024
SMEs typically find it challenging to obtain financing and SMEs lucky enough to obtain loans under acceptable terms must still put-up valuable collateral. While providing collatera
May 21, 2024
The UAE is a fantastic place to launch a business and scale it up. A flurry of government initiatives to promote SMEs are making it easier (and cheaper) than ever.The trick is ofte
Apr 26, 2024
The UAE is not the tax-free haven it once was. Last year it began applying a 9 percent corporate tax on net profits. And before that, in 2018, it introduced a 5 percent value added
Apr 06, 2024
When banks evaluate whether to extend a small business loan, it’s often more art than science. Unlike large companies, which can present banks with years of audited financial
Mar 22, 2024
Small and medium-sized enterprises (SMEs) are a growing force in the UAE. They make up more than 94 percent of companies in the country and 86 percent of the private sector workfor
Sep 28, 2022
Small and medium enterprises (SMEs) are the backbone of the economy. They represent 90 % of businesses and more than 50 % of employment worldwide. SMEs are at the top of the politi