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Oman firm hires SRB for Shari'a advice

Manama, February 17, 2013

 

Al Khonji Real Estate & Development  (Aqar) of Oman has hired the services of Shariyah Review Bureau (SRB), a leading international Shari’a advisory firm, to advice and supervise its transactions as per Shari’a principles. 
 
Mohamed Al Khonji, chairman and CEO of Aqar, said the company has decided to spread its wings in the real estate market while ensuring it is truly Shari’a compliant. 
 
“As an stablishment with a strong footprint in the real estate market of Oman, we have made strong efforts to ensure our business complies with the glorious laws of Shari’a," he said.
 
The appoinment of Shariyah Review Bureau is another strategic endeavour to develop an enterprise-wide Shari’a compliant framework, which would cover compliance with Islamic laws across all function streams of Al Khonji Holding, he said.
 
Yasser Dahlawi, CEO at SRB said: “Shari’a is a priority for all Muslims and we are committed to deploying and certifying businesses and their transactions from a Shari’a perspective.”
 
He said he was excited by SRB's engagement with Al Khonji Real Estate & Development.
 
SRB is the corporate world’s leading Shari’a advisor with scholarly presence in seven countries from Middle East, North Africa and Asia.  - TradeArabia News Service



Tags: Oman | Sharia |

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