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Shari’a governance is considered a crucial element of the Islamic banking industry. As recent as 2017, Islamic banks in the Kingdom of Bahrain were required by the regulator to have only a Shari’a Supervisory Board and an internal Shari’a function. In 2017, the Central Bank of Bahrain...
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The new European Union (EU) data protection law - General Data Protection Regulation (GDPR) that is enforceable on all … individuals should follow due procedures in regard to safe data handling and storage. This regulation is forcing all countries …
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This focus of this paper is the regulation of one segment of modern Islamic finance: Islamic banking, whether conducted … select group of illustrative issues that arise in connection with the regulation of Islamic banks. These issues pertain to (i …
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