Sunday , September 23 2018

Tag Archives: Islamic banking

Some local banks face difficulty in enforcing int’l criteria ‘IFRS 9’

‘Abiding by directives exposes banks to violating Sharia’ KUWAIT CITY, June 5: Some local banks are facing difficulty in enforcing the international criteria for financial reports “IFRS 9’ based on the suggested monitoring remedy for the first quarter, reports Al-Rai daily quoting informed sources. They stressed that the commitment of …

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Kuwait accounts for 6% of Islamic banking assets: Al-Awadhi

CBK proactive in strengthening supervision to ensure financial stability Following is the opening address by Waleed Al-Awadhi, Executive Director, Supervision Sector, Central Bank of Kuwait at the CBKIFSB conference on Islamic finance in Kuwait City. — Editor Excellencies, Governors of central banks and monetary authorities, Dr Bello Lawal Danabatta, Secretary- …

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CBK-IFSB to hold Islamic finance conference on May 2

High-level confab to tackle key macro level issues on Islamic finance KUWAIT CITY, April 30: The Central Bank of Kuwait (CBK) and the Islamic Financial Services Board (IFSB) are pleased to announce the agenda for the upcoming CBK-IFSB Islamic finance conference held on May 2, 2018, in Kuwait City, under …

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