Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Central Bank of Kuwait to appoint independent Shari’ah Supervisory Board
Kuwait’s central bank is working on a draft law which will allow it to appoint an independent Shari’ah Supervisory Board, reported local daily, Arab Times. In a statement, CBK stated that if the law is amended, all transactions related to Shari’ah will be subject to the Fatwa ruling because what…
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