Central Bank and Bank Al-Maghrib host Shariah Forum
The United Arab Emirates organized, under joint leadership of the Central Bank of the UAE and Bank Negara Malaysia, the seventh session of the Central Shariah Bodies Forum with the participation of countries including Kuwait, Malaysia, and Turkey. The aim is to unify standards and Shariah practices within the Islamic financial sector. The forum focused on strengthening coordination and exchanging expertise to keep pace with developments in Shariah and regulatory matters, along with conducting workshops on regulatory, legislative, and technological aspects. This collaboration seeks to develop a more efficient and flexible Islamic financial system, while confirming the UAE's ongoing efforts to establish a global hub for Islamic finance and innovative financial solutions compliant with Shariah.
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