Waif-Rahman stressed Secretary-General Awqaf Minors Affairs Foundation in Dubai's quest establishment the Foundation Islamic Bank, according study completed early in 2009. He also stated in the newspaper, "the statement," The UAE will have strong financial institution during the 3 years of substantial enable the establishment of an Islamic bank, which would require the availability of capital within the limits of AED one billion, an amount that the institution would be held soon to start position, including the establishment of project, alone or in partnership with others with a view to achieving a quantum leap in investments and REITS