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Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Market Moves more

CMA studying solidarity insurance: Jabri

Posted on 15 June 2011

HE Yahya Bin Said Al Jabri, CEO of the Capital Market Authority (CMA), said that the authority is studying solidarity insurance of some nations which has such insurance to take advantage of their experiences as per the Royal Directives of His Majesty Sultan Qaboos Bin Said to establish Islamic banks and allowing commercial banks to open Islamic systems.

Speaking to Oman Tribune, Al Jabri said: “A team of CMA employees will visit a number of countries to review the work mechanism, follow up and supervision systems in some establishments.”………………………………………Full Article: Source

 
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