Bahrain's financial regulator plans to establish by the end of this year a central sharia board of scholars that will oversee the kingdom's Islamic finance sector, a central bank official said.
The World Islamic Banking Conference (WIBC) 2015 set to take place in December in Bahrain will launch a critical report establishing a set of global “Millennium Goals” for the Islamic finance human capital segment.
The Abu Dhabi City Municipality has launched a public tender for developing, investing and managing Sharia Park in Abu Dhabi, UAE, according to a report.
The project is part of the municipal system's commit
Ijmal, a leading real estate investment flagship of Saudi Arabia, has hired Shariyah Review Bureau (SRB), to help achieve sharia compliance in all its business activities.
In this role, SRB will lead and
Seychelles-based BMI Offshore Bank (BMIO), of which BMI Bank Bahrain owns 50 per cent, plans to convert into a Sharia-compliant bank.
This follows a visit to Seychelles by a delegation from BMI Bank, a subsidiary of Al Salam Bank-Bahrai
Seychelles-based BMI Offshore Bank (BMIO), partly owned by BMI Bank Bahrain, is being converted into a sharia-compliant bank, it has emerged. This follows a visit to Seychelles by a delegation from BMI Bank, a subsidiary of Al Salam Bank-Bahra
Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a new sharia-compliant prepaid e-Card.
A statement said the card is ‘designed to provide customers a faster, safer and more convenient online shopping experienc
New Finance, a Kazakhstan-based Islamic microfinance company, said it has selected Bahrain-based Sharia Review Bureau (SRB) to transform, certify and oversee a number of its sharia-compliant product and operations.
As a sharia adv
Itqan Capital, a Saudi Arabia-based investment company licensed by the Capital Market Authority (CMA) and a member of Al Baraka Banking Group, and Mubasher Financial Services, a leading financial institution in the Middle East, have signed a dea
Saudi Arabia's Itqan Capital, an Islamic investment firm, plans to develop a sharia-compliant brokerage arm and is nearing the launch of a $200 million education private equity fund, its chief executive told Reuters.