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Pakistan regulator sets up Shariah advisory board

Posted on 10 May 2013

Pakistan’s securities commission has established a nine-member Shari’ah advisory board to oversee Islamic finance instruments in the world’s second most populous Muslim nation, a centralised approach increasingly being adopted elsewhere around the globe.
A country-level approach to regulating Islamic products was pioneered by Malaysia, and in recent months other economies have introduced central Shari’ah boards of their own including Dubai, Oman and Nigeria…………………………………….Full Article: Source

 
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