IslamicFinance.de

Saudia's investment banking and asset management firm Anfaal Capital has announced the outsourcing of the Shari'a Supervisory function to Shariyah Review Bureau (SRB). As the new Shari'a Advisor, SRB will oversee and supervise the firms Shari'a Compliance needs from Product structuring to Fatwa issuing, and from stock screening to periodical Shari'a Audits. By having a team of shariah scholars and experts, SRB has the ability to deliver speedy solutions to the business while maintaining the level of Shariah standards. This in turn is expected to contribute to Anfaal's business growth and to meet the needs of the firm's stakeholders.