Central Bank of Bahrain looks to establish stronger sharia governance

The Central Bank of Bahrain

Islamic banks in Bahrain will be expected to put in place sharia-compliant governance frameworks under new rules planned by the Central Bank of Bahrain.

The central bank wants Islamic banks to organise themselves such that sharia principles guide business activities "at all times and all levels". This will help improve perceptions of compliance and protect the banks' stakeholders, a consultation document published on September 1 said.

Islamic banks face a knotty task in proving they are

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account