Monday 30 March 2015

DFM issues sukuk issuing standards

Dubai Financial Market (DFM) has published the 'Standard for Issuing, Acquiring, and Trading Sukuk,' as part of its efforts to enhance the regulatory environment of Islamic finance and capital markets.  


SRB to oversee UK firm’s shari’a compliance drive

Bahrain-based Shariyah Review Bureau (SRB) has been signed up to supervise the shari’a compliance process of UK-based SCS Farmland’s investment programme. The shari’a advisory firm will work with the company to s


Ducab adopts sharia-compliant hedging

Ducab, a leading manufacturer of high-quality power cables and wires in the Middle East, is set to convert its conventional metals hedging practices into Islamic structures. The initiative, taken under the guidance from its board,


GBCorp names new department head

Bahrain-based Global Banking Corporation (GBCorp) has appointed Khalid Al Jaber as head of compliance. Al Jaber is a banking and finance specialist in Sharia-compliant banking with in-depth management and compliance expertise. Wit

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