www.bloomberg.com - Bahrain’s Accounting & Auditing
Organization for Islamic Financial Institutions issued seven
Islamic standards for the industry, the regulator’s Secretary
General Khaled Al Faqih said today.
The guidelines will govern financial rights or the disposal
of rights, bankruptcy and liquidity management, Al Faqih said at
a news conference in the capital Manama. The agency also listed
rules for capital and investments protection, investment agency
contracts, profit calculations from investment instruments, and
the right to terminate legal contracts due to fraud, he said. (source)
Showing posts with label al faqih. Show all posts
Showing posts with label al faqih. Show all posts
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