Regulatory framework “easy and transparent”
It is quick to set up a base in Dubai compared to other Gulf countries as the regulations are uncomplicated,…
Regulation, Risk & Compliance
8951 articles found
Expats in trouble for iqama errors
Wrong entries on iqamas, including errors in names etc., landed several expatriates in the soup. Expats complain that their…
Turkey's central bank hikes forex reserve requirements
Turkey's central bank raised foreign exchange reserve requirement ratios on Saturday, citing the need to support financial stability amid volatility…
BB fears rise in inflation due to pay-hike
The central bank has expressed the fear that the proposed pay-hike for public servants might trigger inflationary pressure on the…
Alizz islamic bank opens new branch in Sohar
The 551 square metres property was inaugurated on December 25 at a prominent location at the heart of Sohar, facing…
Kingdom’s female investors warned against swindlers
A number of Saudi working women are falling prey to scammers in an attempt to hide their savings and properties…
National Bonds Corporation Signs Strategic Agreement with Aafaq Islamic Finance
National Bonds Corporation PJSC ( National Bonds ), the leading sharia-compliant savings and investments company in the UAE, has signed…
Dubai's financial district hires ex-Emaar exec as deputy CEO
A former Emaar Properties senior executive has been appointed deputy CEO of the Dubai International Financial Centre (DIFC) Authority, it…
Tamwily, SRB in deal to meet shariah compliance needs
Saudi Arabia-based finance company Tamwily and Shariyah Review Bureau (SRB) have signed a partnership deal covering shariah supervision, monitoring and…
US Court Directs Bank Creditors To File Claims
A US court has directed the "reorganised Arcapita Bank BSC" to initiate transfer of claims by eligible holders. Through…
Russian Banks Warm to Shariah as Crisis Looms: Islamic Finance
Russian lenders are stepping up efforts to tap Islamic finance as international sanctions and a slump in oil prices push…