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  Islamic Fintech

  Qatar’s General Directorate of Endowments and Wahed Sign MoU to Develop AI-Powered Shariah Equity Analysis and Screening Platform

  ByIFD July 1, 2026July 1, 2026

  The General Directorate of Endowments at Qatar’s Ministry of Awqaf and Islamic Affairs has signed a Memorandum of Understanding (MoU) with Wahed MENA LLC to develop and pilot an artificial intelligence-powered Shariah equity analysis and screening platform for the country’s endowment sector. According to the announcement, the initiative combines Wahed’s expertise in Islamic fintech and…

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  Industry News

  AAOIFI Hosts Global Roundtable on Fit and Proper Criteria for Islamic Financial Institutions

  ByIFD June 19, 2026July 1, 2026

  The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), through its Regulatory Research and Development Centre (RRDC), convened a virtual roundtable on 8 June 2026 to discuss fit and proper criteria for Islamic financial institutions (IFIs). The session brought together more than 70 senior representatives from 29 regulatory and supervisory authorities (RSAs) across 26…

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  Islamic Banking

  Central Bank of Uzbekistan Joins AAOIFI as Regulatory Member

  ByIFD May 28, 2026July 1, 2026

  Manama, Kingdom of Bahrain / Tashkent, Republic of Uzbekistan – The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has announced that the Central Bank of the Republic of Uzbekistan has officially become a regulatory member of the organisation. The membership reflects the Central Bank of Uzbekistan’s commitment to strengthening its Islamic finance regulatory…