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Bahrain-based investment management company, Investrade has signed the Shariyah Review Bureau (SRB) to create a Shari’ah Supervisory Board delivery model.
"Investrade selected SRB because of its expertise, regulatory acceptability, strong local establishment in Bahrain, international footprint in investment funds, multiple industry track record and for its ability to deliver large transformational Islamic projects that deliver important business outcomes" said Abbas Ahmadi, Investrade’s Chief Executive Officer. "Working with them we will strengthen our business with a focus on gaining competitive advantage in the Islamic wealth and asset management sector.”
Bahrain’s value of imports increased 18 per cent as it reached BD1.204 billion ($3.19 billion) during the third quarter of 2017, in comparison to BD1.017 billion ($2.69 billion) for the same quarter
Saudi Arabia’s Crown Prince Mohammed bin Salman has announced a new $500 billion project to turn the Kingdom into a leading global hub.
“NEOM will focus on nine specialized investment sector
Dr. Zamir Iqbal, Vice President Finance and Chief Financial Officer of the Islamic Development Bank (IDB), rang the market-opening bell today to mark the listing of a $1.25 billion Sukuk on Nasdaq Du
Saudi Arabia has opened a major investment conference aimed at shining a spotlight on the country's efforts to diversify its revenue streams and overhaul its economy and society.
At the he
Dubai Land Department (DLD) has announced that the total value of real estate transactions for the first nine months surged to hit Dh204 billion ($55.5 billion). It was achieved through 52,170 transa