AlHuda CIBE support to Royal Bullion Capital to launch Shariah-compliant gold trading platform
Dubai – UAE: AlHuda Center of Islamic Banking and Economics (CIBE) and Royal Bullion Capital Trading (RBCT) have signed a landmark agreement to establish a fully Shariah-compliant gold trading platform in the UAE. This collaboration underscores both organizations' commitment to ethical finance and innovation in the precious metals industry.
Under the agreement, AlHuda CIBE will provide comprehensive Shariah advisory and consultancy services, including product review, certification, training, and market penetration strategies. The initiative aims to cater to the growing demand for Islamic financial solutions in the gold trade sector.
Mr. Katragadda Murali Krishna, Founder & CEO of Royal Bullion Capital Trading, remarked: "With over 15 years of experience in the gold trade, we recognize the importance of aligning our operations with Shariah principles to serve a broader audience. Partnering with AlHuda CIBE, a pioneer in Islamic finance, allows us to integrate ethical standards into our business model while maintaining excellence in gold trading. This collaboration marks a significant milestone in our journey toward sustainable and inclusive growth."
Mr. Muhammad Zubair, Chief Executive Officer of AlHuda CIBE, stated: "We are excited to collaborate with Royal Bullion Capital Trading to deliver a robust Shariah-compliant gold trading platform. Our expertise in Islamic finance, combined with RBCT's industry leadership, will set a new benchmark for ethical trading practices. This project reflects our shared vision of promoting financial inclusivity and adherence to Islamic principles in global markets."
AlHuda Centre of Islamic Banking and Economics (CIBE), a leading global provider of Islamic finance advisory and capacity-building services, has officially entered into a strategic partnership with Royal Bullion Capital Trading, UAE. The collaboration focuses on launching a fully Shariah-compliant gold trading platform, marking a significant milestone in ethical and faith-based financial innovation within the precious metals sector.
Under this partnership, AlHuda CIBE will provide comprehensive Shariah Advisory and Consultancy Services to Royal Bullion Capital Trading. The scope of services includes product structuring and certification, annual Shariah advisory, training and capacity building, development of a market penetration strategy, and assistance with company registration and licensing. The initiative is set to enhance compliance with Islamic financial principles while promoting investor confidence and expanding market reach.
This partnership reflects a shared vision of transforming the traditional gold trading landscape into one that fully complies with Islamic finance principles, creating new opportunities for growth, trust, and global engagement.
About the Organizations
AlHuda CIBE is a globally recognized institution specializing in Islamic banking, finance, and capacity building. With a presence in over 35 countries, it offers advisory, research, and training services to promote ethical financial systems.
Royal Bullion Capital Trading is a leading Dubai-based gold trading firm with a legacy of excellence in bullion trade, investment, and logistics. Under the leadership of Mr. Murali Krishna, RBC has emerged as a trusted name in the precious metals industry.
For Media Contact:
Ms. Shaguftta Perveen
Manager Communications,
info@alhudacibe.com
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