Five former senior officials from the Islamic Finance Company have been sent to prison.
July 14, 2009Dubai Islamic Bank Q2 falls 40% and Commercial Bank of Kuwait Q2 net loss at $8.2 mln
July 26, 2009Assalamualaikum,
Dear Readers,
It has been quite sometimes I do not share any of my writings or thoughts. I take this opportunity to share with you my commentaries on the IFSB Exposure Draft Guiding Principles on Shari’ah Governance System issued early this year. This exposure draft has already been tabled to the Shari’ah Board of the Islamic Development Bank and now in the process of revision. The revised draft shall be referred to the Shari’ah board for endorsement of its Shari’ah compliance and then be referred to the technical committee for discussion and amendment. It is expected that this Guiding Principle will be ready by end of this year. Enjoy reading!
Best Regards
ZULKIFLI HASAN
DURHAM UNIVERSITY
International Conference on Endowment and Minor Affairs, Dubai, United Arab Emirates
