The Central Bank of the UAE (CBUAE) continues to demonstrate a robust approach to regulation and supervision across the financial services sector in the UAE. Over the past twelve months, CBUAE enforcement actions have appeared in the headlines more frequently, sending a strong message to the market and emphasising the importance of compliance and consequences of non-compliance. Read the full article to learn more:
The establishment of Central Shari’ah Boards (CSB) in their contemporary shape and form is considered to be a turning point in the history of the Islamic finance sector, and is expected to drive further valuable standardisation at a global scale. Given the gradual expansion of the scope of the CSBs, what will be the role of the institutional Sharia’ah Supervisory Boards in the future?
Recent significant variations of crude oil price have a significant effect on the Banking Industry.
With the Chinese financial services industry entering international jurisdictions, where does Islamic Finance fall in it's path of growth?