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Islamic financial institutions

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Central Bank

The Role of Central Banks in Regulating Islamic Finance

Central banks play a pivotal role in shaping and regulating Islamic finance by ensuring compliance with Sharīʿah principles, fostering financial stability, and promoting inclusive growth. Through frameworks, oversight, and innovative policies, they support the unique needs of Islamic financial systems while maintaining a balance with global economic standards.
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Shariah Board Members

The Role of Shariah Boards in Islamic Financial Institutions

Shariah Boards play a pivotal role in ensuring Islamic financial institutions adhere to Islamic law, safeguarding ethical practices, and fostering trust among stakeholders. By overseeing compliance, issuing fatwas, and promoting innovation, they bridge traditional Islamic principles with modern financial practices, enabling the growth of Islamic finance worldwide.
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