Wed, Jun 19, 2013
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Compliance, Tax, Legal, Regulatory, Islamic Law / Economics more

Scholars call for Shariah board under Central Bank

Posted on 22 June 2009

From Business24-7.ae: A central Shariah board under the Central Bank should be created to replace the current practice of each Islamic financial institution having its own board, to oversee Islamic finance and banking activity in the country, Islamic scholars said.

Until such time a central board is created, measures must be undertaken to ensure that the salaries of Shariah board members do not come from their individual retaining banks, but from a central pool………Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
June 2013
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930