According to the Khaleej Times, officials at the DubaiIslamic Economy Development Centre said the emirate had managed to maintain its position as a global Islamic financial Centre thanks to its ability to weather economic fluctuations, Becoming an important Islamic financial investment destination.

Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Chairman of the Dubai Islamic Economic Development Centre, presiding over the first board meeting of 2019, In January 2019, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, announced the UAE's 50-year charter, pushing Islamic finance in a sustainable direction. According to the Charter, the Islamic financial sector can open up new development paths and growth models.

He further emphasized the ability of Islamic finance to keep pace with The Times and integrate into the technological developments of the Fourth Industrial Revolution. And said Dubai would start a new digital process to make the transition to a knowledge-based economy.

Mansouri also noted that Islamic finance has seen rapid growth around the world, not just in Muslim countries, mainly due to the growing demand for Islamic financial products in international markets.