Bahrain Begins Legal Process To Set Up Central Sharia Board
A country-level approach could help limit differences between products, speed the design of new products and boost investor confidence. …
Regulation, Risk & Compliance
8951 articles found
Turkish state fund takes over Bank Asya’s management
On Tuesday, the Banking Regulation and Supervision Agency (BDDK) has decided to take over 63 percent of the bank's management…
AAOIFI Standards go digital with Thomson Reuters
In an unprecedented move in the development of the Islamic finance industry, the Accounting and Auditing Organisation for Islamic Financial…
UAE Insurance Authority issues regulations to traditional and Takaful insurers
H. E. Eng. Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Chairman of the Insurance Authority said the…
Ex-CC adviser takes top post at Saudi capital markets regulator
The founding partner at Al-Jadaan & Partners and former adviser to Clifford Chance has been chosen to head the Capital…
Regulation, tight pricing overshadow Gulf's capital-boosting bonds
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing…
Qatar entrenches UK interests
A great deal of nonsense has been heard recently about a supposed “islamification” of Europe, but while sharia law has…
Regulation, tight pricing overshadow Gulf’s capital-boosting bonds
Fast-growing Gulf Arab banks plan to bolster their reserves by issuing capital-boosting bonds, but uncertainty over regulation and ultra-tight pricing…
Big UAE banks to benefit from $14.6bn Dubai World debt restructuring
The UAE’s big banks are set to receive a boost from the restructuring of $14.6 billion of Dubai World debt.…
New rules to align UAE insurers with European solvency requirements
The United Arab Emirates Insurance Authority has issued new rules for conventional and Islamic insurance (takaful) firms, clarifying policyholders' rights…
Big Saudi firms to pay bonuses
Several of Saudi Arabia’s largest listed companies said they would pay out hundreds of millions of dollars in bonuses, days…
HSBC the latest bank to implement FATCA
Many people, including American citizens working in the Gulf state, received recently letters from their UAE-based banks asking them for…