DUBAI, March 11 (Reuters) - Sharia boards face increased scrutiny and criticism as high-profile corporate defaults and cautionary comments from respected scholars cast a harsh light on the fast growth ...

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Sept 29 (Reuters) - Sharia advisers are the gatekeepers of the $1 trillion Islamic finance industry, issuing rulings on whether financial products satisfy the religion's requirements. As the industry ...

• Putting in place a financing system that is both Shariah compliant and produces a return for investors is a challenge • Regulators in a Shariah-compliant system require more transparency from banks ...

The State Bank of Pakistan (SBP) has allowed banks and other financial institutions to process remittances for remuneration to non-resident directors, ...