The Central Bank of Bahrain (CBB) had a meeting with the International Islamic Financial Market (IIFM) Shariah Advisory Panel and selected IIFM member banks active in Islamic hedging/risk mitigation segment of the Islamic finance industry.
The purpose of the meeting was to have deliberation between Shariah scholars and market practitioners on Islamic hedging products which are essential for risk mitigation of real assets and real economic activity.
The meeting was attended by honorable scholars including Shaikh Dr. Ali Muhyealdin A. Al Quradaghi, Shaikh Nizam Yaquby, Shaikh Esam Ishaq, Shaikh Dr. Muhamad Akram Laldin, Shaikh Dr. Eltegani Abdelgadir and Shaikh Dr. Mohammed Burhan Arbouna.