Islamic Finance & Interest Rate Benchmarking!

A common concern amongst customers of Islamic financial institutions is in regards to the pricing or benchmarking of Shariah compliant products to the prevailing interest rate. In simple terms, if the prevailing interest rate is 2% and because of this a conventional...

Shariah Governance & Fintech/Startups

You can see quite a few Shariah compliant FinTech companies & startups operating with only a single Shariah Advisor or sometimes none at all. In a lot of cases this might be due to the cost implications involved of having more than one Shariah Advisor. However,...

𝗦𝗵𝗮𝗿𝗶𝗮𝗵 𝗔𝗱𝘃𝗶𝘀𝗼𝗿𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 & 𝗦𝗵𝗮𝗿𝗶𝗮𝗵 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗥𝗲𝗴𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀!

In certain jurisdictions, some Shariah Advisory Companies have been affected due to the implementation of Shariah Governance regulations.For example in the UAE, in order to ensure the independence of Shariah Committee members of Islamic Financial Institutions (IFIs),...