Bank Nizwa s CEO joins industry leaders and experts at CIBAFI - UAB Forum zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Masraf Al Rayan gets shareholder’s nod to raise sukuk size to $4bn
02 Mar 2021 - 8:56
Officials during an Ordinary General Assembly of Masraf Al Rayan.
The Peninsula
Doha: The Ordinary General Assembly of Masraf Al Rayan has approved distribution cash dividend of QR0.170 per share, representing 17 percent of the paid-up capital for the fiscal year ended on December 31, 2020. The General Assembly agreed to increase the size of Masraf Al Rayan Sukuk issuance program from its current size of $2bn to a maximum size of $4bn.
Masraf Al Rayan held yesterday its Ordinary General Assembly meeting virtually which was presided over by Chairman & Managing Director of Masraf Al Rayan, H E Ali bin Ahmed Al Kuwari.
CIBAFI has successfully inaugurated today, the first series of its online technical workshop for 2021 zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Alizz Islamic Bank appoints new Sharia Supervisory Board
By: Times News Service
Muscat: Alizz Islamic Bank recently announced the appointment of a new Sharia Supervisory Board. Sheikh Dr Essam Khalaf Al Anzi was appointed Chairman of the Sharia Supervisory Board. Sheikh Dr Ahmed Subhi Ahmed Ayadi and Sheikh Nasser bin Yousef Al Azri were appointed as members.
The Sharia supervisory board of Alizz Islamic Bank reviews all Islamic banking agreements, documents, products and services launched by the bank. The board includes members who are knowledgeable about Sharia law and transaction jurisprudence in particular. They work in accordance with the Central Bank of Oman and with the higher Sharia Supervisory Authority to provide the bank customers with peace of mind by offering products and services that are approved by fatwas and resolutions.