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Dubai gold securities listed on Nasdaq
The Saudi Gazette Published in The Saudi Gazette on 03 - 03 - 2009

Dubai Gold Securities, an initiative of World Gold Council (WGC) and the Dubai Multi Commodities Center (DMCC), began trading on NASDAQ Dubai Ltd.
Dubai Gold Securities represent the first Exchange Traded Commodity (ETC) to list on NASDAQ Dubai and the first Shariah-compliant gold ETC in the region. Dubai Gold Securities offer investors simple, secure and Shariah-compliant access to gold bullion investment without the additional costs normally associated with insuring, storing and transacting in physical gold. Each security is 100% backed by physical allocated gold held in safekeeping by an independent custodian.

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