CBUAE and Higher Shari'ah Authority issue sustainable Islamic finance principles
The Central Bank of the UAE (CBUAE) and the Higher Shari'ah Authority have jointly issued guiding principles to advance sustainable Islamic finance in the UAE. These principles apply to Islamic financial institutions, banks, and Shari'ah-compliant investment vehicles operating under CBUAE supervision. Financial institutions should review the principles and align their Islamic finance products and governance frameworks accordingly.
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Source
“The Central Bank of the UAE (CBUAE) and the Higher Shari'ah Authority have jointly issued guiding principles to advance sustainable Islamic finance in the UAE. These principles apply to Islamic financial institutions, banks, and Shari'ah-compliant investment vehicles operating under CBUAE supervision.”
— Central Bank of UAE, 30 Nov 2023
Source: Central Bank of UAE — official 30 Nov 2023 Read the original ↗ More from Central Bank of UAE →
Quick answers
Who issued this?
Central Bank of UAE (UAE).
When was it announced?
30 Nov 2023.
Where can I read the original?
Read the original at Central Bank of UAE: https://www.centralbank.ae/en/news-and-publications/news-and-insights/press-release/the-central-bank-of-the-uae-and-the-higher-shari-ah-authority-issue-guiding-principles-to-foster-sustainable-islamic-finance/
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