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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Plans for certified Shariah experts in Islamic finance

Posted on 08 September 2010

From Btimes.com.my: Leading Islamic finance scholars are preparing the first global certification for syariah experts, seeking to bolster the industry’s reputation and make it easier for banks to find qualified advisers.
The International Syariah Research Academy for Islamic Finance in Kuala Lumpur will pick a board of regulators by year-end to issue permits for scholars qualified to sit on syariah boards, said Aznan Hasan, president of the oversight committee. The scholars decide whether financial products meet the religion’s precepts, including a ban on interest payments……………………………………….Full Article: Source

 
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