|The Waqf Fund held its 5th Roundtable Discussion on "Shari'a and Corporate Governance Issues in SPV Governance" at Ritz Carlton. The Roundtable was attended by a select group including C-suite executives of Waqf Fund member institutions, lawyers, professional firms and Shari'a scholars. The Roundtable highlighted the key issues facing the Islamic banking industry in governing Special Purpose Vehicles (SPVs) both from Shari'a and corporate governance perspectives.
Mr. Khalid Hamad welcomed the participants and outlined the agenda for discussion. The Roundtable started with a presentation from Ms. Hana Al Murran of Central Bank of Bahrain who highlighted the regulatory and legal issues with SPVs (Press Release)