Regulation, Risk & Compliance
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CBK working on ‘draft law’ to appoint independent Shari’a Supervisory Board
The Central Bank of Kuwait is currently working on a draft law which will allow it to appoint an independent Shari’a Supervisory Board, pointing out that if the law is passed, the Central Bank’s supervisory decisions on the Islamic banking sector will be subject to this committee to ensure compliance,…
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Click here to read the full story: Arab Times Online