Turkish watchdog to revise Islamic banking regulations
The head of Turkey’s banking watchdog on Thursday pledged to revise the regulations governing the Islamic banking sector. Mehmet…
Regulation, Risk & Compliance
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Shariyah Review Bureau to supervise CBI's Islamic banking window
The Shariyah Review Bureau (SRB), an independent Sharia audit entity, has announced that it will supervise the board functions and…
Central bank to closely monitor risks in the banking sector
The Central Bank of UAE is monitoring potential risks to the UAE banking sector in the context of global and…
Fitch: Kuwait Rules Pave Way for More Sukuk Issuance
New rules from the Capital Market Authority of Kuwait (CMA) could reinvigorate the country's stalled sukuk market and open the…
GCC countries must impose taxes in order to strengthen their fiscal positions
While lower oil prices are expected to slow down the GCC economies, it should be seen as an opportunity for…
Transparency International: G20 failing on corruption
G20 governments including the US and China have failed to deliver on their promise to fight corruption by adopting laws…
KlarityRisk Wins “Risk Management” Category at the WealthBriefing Awards GCC Region 2015
Leading Investment Risk Management software provider, KlarityRisk Ltd, was the selected Winner in the ‘Best Risk Management’ category, at the…
Bahrain central bank aims for centralised sharia board by year-end
Bahrain's financial regulator plans to establish by the end of this year a central sharia board of scholars that will…
Dubai Chamber workshop demystifies technical aspects of Islamic finance transactions
Dubai Chamber of Commerce and Industry in association with Allen & Overy LLP law firm organised a workshop entitled “Structuring…
Kuwait financial regulator opens door for more sukuk issues
Kuwait's financial regulator has released rules covering issuance of Islamic bonds in a move that could facilitate sales of sukuk…
World Islamic Banking Conference to chart future of commodities, currencies and asset classes in 201
For 22 years, WIBC has provided the most influential global and regional insights to help C-level executives shape their business…
Lebanon risks severe financial, banking consequences
Lebanon will come under severe financial and banking international pressure and consequences if the Parliament fails to pass four crucial…