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Dubai /Â WAM
Dubai Islamic Bank (DIB) the largest Islamic bank in the UAE, announced that it hosted the second UAE Sharia Departments Forum.
The event, which was established a year earlier, serves as a platform for Sharia departments of Islamic financial institutions to conceptualise, evolve and drive the development of Sharia compliance in the UAE.
This year, the forum expanded from four founding banks and now included all Sharia departments of Islamic
Financial institutions in the UAE.
The theme for this year’s forum was “Sharia Review” primarily built around covering the process and mechanism of Sharia review of
both standard and non-standard
transactions within the industry.