SRB to supervise CBI's Islamic banking window

18 November 2015

The Shariyah Review Bureau (SRB), an independent Sharia audit entity, has announced that it will supervise the board functions and product management of Al Islami, the new Islamic Banking window launched by Commercial Bank International (CBI) in November 2015.

Ali Amri, Head of Wholesale Banking at CBI, said: "Our partnership with the Shariyah Review Bureau gives us a chance to support His Highness Sheikh Mohammed Bin Rashid Al Maktoum's strategy of making Dubai the capital of the global Islamic Economy by 2016, by introducing financial instruments that comply with contemporary needs but do not conflict with the principles of Islamic Sharia."

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