 |
IIFM to develop trade, corporate finance contractsBahrain-based International Islamic Financial Market (IIFM) will develop contract templates for sharia-compliant corporate finance and trade finance transactions, as the industry body expands its mandate, its chairman said on Monday. More… |
 |
IFSB issues guidance on liquidity risk managementThe Kuala Lumpur-based Islamic Financial Services Board (IFSB) has released draft guidance on liquidity risk management for Islamic banks and a new standard for regulatory supervision, as the industry body tightens oversight of banking practices More… |
 |
Takaful premiums post 7pc growth in BahrainIncreasing demand for Sharia-compliant insurance in Bahrain has led to takaful premiums growing more than seven per cent last year, it has emerged. According to Central Bank of Bahrain (CBB) executive director of financial institu More… |
 |
Oman sets up sharia board to boost Islamic financeOman's central bank has set up a sharia supervisory board to help oversee the sultanate's Islamic banking industry, a centralised model that is increasingly being adopted across the global industry but remains a rarity in the Gulf. More… |
 |
Bahrain Bourse appoints sharia adviserThe launch of "Murabaha" through equities programme by the Bahrain Bourse (BHB) has moved closer to implementation with the exchange appointing Dr Shaikh Osama Mohammed Bahar as its sharia adviser. Shaikh Osama has devel More… |
 |
Sedco Capital outsources external audit to SRBSedco Capital, a leading provider of shari’a compliant investment solutions, has assigned the external shari’a audit of its $160 million real estate funds to the Shariyah Review Bureau (SRB). The two funds, which More… |
Azerbaijan bank in sharia supervisory deal with SRBThe International Bank of Azerbaijan (IBAR) has signed a sharia supervisory agreement with the Shariyah Review Bureau (SRB), a leading global sharia advisory firm, The IBAR has a history of successful sharia compliant investments in a v More… |
 |
Jordan introduces sukuk rulesRegulators in Jordan have introduced a set of long-awaited rules for the issuance of sukuk, or Islamic bonds, paving the way for both the public and private sectors to tap into growing demand for Sharia-compliant investments. Jord More… |
 |
Islamic finance looks to shake off pricing hitchIslamic finance has been one of the fastest-growing sectors in global finance but the industry has yet to shake off perceptions about high costs and complexity that are holding back some issuers. Sukuk, or Islamic bonds that follo More… |
 |
Swicorp selects SRB as sharia advisorSwicorp, a leading financial services provider of investment banking, private equity and asset management in the Middle East and North Africa, has appointed Shariyah Review Bureau (SRB) as its sharia advisor to guide and supervise its upcoming s More… |
