Islamic Finance

Bahrain to set up central sharia board

BAHRAIN’S CENTRAL bank is setting up a central sharia board to help oversee Islamic finance products in the kingdom and will introduce new rules to strengthen governance in the sector, central bank governor Rasheed al Maraj said. [...]

Oman planning new rules before year-end

A REGULATORY framework for Islamic finance is taking shape in Oman as government bodies move towards meeting the aim of making Shari’a-compliant products available to the public this year. But logistical challenges and the limited size of the market [...]

The future of Islamic finance

As one of the world’s fastest growing asset classes, Islamic finance has come a long way over a short period. But the industry is at a critical juncture, and its potential for future growth will be tested [...]



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