One of the main conditions of Islamic finance is a Shariah Council every Islamic financial institution. On principles of Islamic financing in an exclusive interview with the Agency BNews.kz told Deputy Chairman of the National Bank of Kazakhstan Daniyar Akishev.
“It is one of the first conditions, the existence of principles of Islamic financing, the so-called Shariah Council every Islamic financial institution, and, in fact, the Islamic financial transaction. The Shariah Council exists in order to decide whether the activities and operations carried out, the principles of Islamic financing, i.e., whether they are first of all the precepts of Islam, “said Akishev………………………………………..Full Article: Source