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IIRA reaffirms Burj Bank’s Shariah quality rating

Posted on 13 July 2012

Islamic International Rating Agency, Bahrain has reaffirmed the AA (Double A) Shari’ah Quality Rating assigned to Burj Bank Limited (Burj). The assigned rating denotes ‘conformance to the highest standards of Shari’ah compliance in all aspects of the Bank’s operations.
In a report published to the press, IIRA stated that “to ensure adequacy of checks and controls at Burj Bank the Shari’ah Advisor reports directly to the Board Audit Committee………………………………………..Full Article: Source

 
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