30.05.2011 - Alinma calls for supreme Shariah board
Muhammad Iqbal, general manager and CFO for Saudi Arabia's Alinma Bank, has proposed a supreme Shari'ah board for the financial industry in order to spur the local Sukuk market. Iqbal, speaking to The Islamic Globe at a conference in Riyadh, Saudi Arabia last week suggested that a body like the Saudi Arabian Monetary Agency (SAMA) would be perfectly placed to establish a board as sole authority for all Saudi banks..............................................Full Article: Source
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