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Bahrain plans Islamic finance sector watchdogThe Central Bank of Bahrain (CBB) is drafting legal documentation to set up a sharia board of scholars that would oversee the kingdom's Islamic finance sector, in a step that could help the market compete with regional rivals. More… |
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Rakia Rera to oversee escrow account lawRas Al Khaimah Investment Authority (Rakia) said the newly-established Real Estate Regulatory Agency (Rera) will oversee the implementation of the escrow account law for freehold projects under the investment authority. The Rakia Rera was More… |
