Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Bahrain to develop central shariah board for Islamic banks
Bahrain's central bank is setting up a central sharia board to help oversee Islamic finance products in the kingdom and will introduce new rules to strengthen governance in the sector, central bank governor Rasheed Al Maraj said. Traditionally, Islamic banks have practiced self regulation to ensure the shariah-compliance of their…
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Click here to read the full story: Arabian Business