| Differences seen in interpretation of syariah compliance among various Islamic finance markets are fast disappearing as there has been rapid inter-market convergence of respective interpretations on a global scale moving forward.
Stating this, the chief executive officer of Standard Chartered Saadiq Bhd (Saadiq) Wasim Saifi noted that there had been a lot of talk in the past about variance between Middle East interpretation of syariah compliance and the interpretation seen in Islamic finance institutions in Malaysia. “As I see it, in the last two or three years and particularly this year it has become important, and I think that the convergence is happening...............................................Full Article: Source
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