The International Bank of Azerbaijan assigns Shariyah Review Bureau to supervise the growth of its Shari'a Compliant Community Based Project's
The International Bank of Azerbaijan (IBAR), the biggest bank in Azerbaijan managing more than 35% of total banking assets in the country, has announced the signing of a Shari'a Supervisory agreement with Shariyah Review Bureau (SRB). IBAR hopes that SRB and its experience will help the bank to build the Shari'a Complaint business and lift its Islamic financial sector to a successful future. Shariyah Review Bureau is today recognized globally for its iconic Shari'a Compliance services. With more than 37 Shari'a scholars, the company's growth includes recently doubling Shari'a review and Certification capacity in the GCC. As the pace of change in the Islamic financial industry accelerates at an international level, institutionalized services of Shari'a Advisory firms like SRB has become increasingly evident.
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