Babson Magazine

Winter 2014

News, Notes + Nods

Undergraduate

Paul Boots ’04

Paul Boots is director of DMCC Tradeflow, an initiative of Dubai Multi Commodities Centre in Dubai, United Arab Emirates. He emails, “I have been working on an innovative project for a Dubai government initiative. We have developed an electronic platform to enable Islamic banks to trade commodities in a Shariah-compliant way. This is the first mechanism of its type—in which real assets, title, and possession are transferred—that allows banks to do business in a fully compliant manner, instead of just having the paperwork done for them by external parties. An entrepreneurial mindset can create beneficial change.”