MEDIA CENTER
X8C Introduces Cash and Gold Backed Tokens
November 2018 | Switzerland
X8 Currency, a Blockchain based digital currency with an advanced artificial intelligence wealth value preservation solution, today announced that it has been certified for Sharia compliance by Shariyah Review Bureau. X8 is the first to receive the certification for its ARM-AI (Automatic Reserve Management, Artificial Intelligence) driven portfolio which preserves value with its 100% backed reserves […]
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Alpha Capital to create new financial value
November 2018 | Saudi Arabia
Alpha Capital, the Kingdom’s latest novel boutique Investment firm focused on Asset Management and Alternative Investments announced today the assignment of Shariyah Review Bureau (“SRB”) to oversee its Sharia compliant investment funds and securities business. Alpha Capital’s bespoke products and services, are designed to help investors build and grow their investors, and include direct access […]
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Banque Saudi Fransi to audit Sharia compliance
October 2018 | Saudi Arabia
Banque Saudi Fransi (BSF), the Kingdom’s leading bank today announced that it has assigned Shariyah Review Bureau to help augment its internal Sharia audit functions. BSF has one of the largest suites of Sharia compliant products and services dedicated to companies, individuals and banking institutions in the Kingdom. Mazen Elrayes, Advisor to Islamic Banking at […]
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Transforming Mobile Warranty Plans
October 2018 | Dubai
CDP Holdings Ltd, a Mobile Warranties & Integrated After Sales services Group today announced the assignment of Shariyah Review Bureau (SRB) as its Sharia Advisor. CDP is one of the first fully integrated provider of mobile device protection and after sales services in the GCC. It helps large Telco’s, Retailers & OEMs differentiate their device […]
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IPY launches Innovative Investment Services
September 2018 | Turkey
Turkey based Investrade Portföy Yönetimi AŞ (“IPY”) today announced that it has appointed Shariyah Review Bureau (“SRB”) to help ensure Sharia compliance for its Investments Funds, portfolio management and distribution services business. IPY seeks to provide end-to-end real estate fund, pension and private mutual funds, discretionary portfolio management services including sourcing, structuring and arranging finance […]
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ICK unlocks growth in leasing sector
August 2018 | Kyrgyzstan
Ijara Company Kyrgyzstan (“ICK”), the Islamic leasing flagship of Kyrgyzstan, has hired global Sharia Advisory firm Shariyah Review Bureau (“SRB”) to manage its Sharia certification and Sharia supervisory structure in line with international practices. ICK offers its customers leasing facility (Ijara Muntahia Bitamlik). As an IDB funded company, ICK is supported by ICD’s more than […]
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Financing Platform launched for SME’s
July 2018 | Dubai
Murabaha Capital, a platform set-up to address the funding needs of SMEs, invoice financing and consumers in a Sharia compliant way, today announced the assignment of Shariyah Review Bureau (SRB) as its Sharia Advisor. The platform of Murabaha Capital envisions the simplification of the process for both lenders and borrowers allowing the latter to showcase […]
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Blockchain to enable Islamic financial inclusion
July 2018 | San Francisco
Certification Will Drive Growth for Stellar Network with Financial Institutions in the Persian Gulf and Southeast Asia San Francisco, CA. July 17, 2018 — Stellar.org, a nonprofit that promotes financial access and inclusion, today announced that it has received Sharia compliance certification for the Stellar network. The Shariyah Review Bureau (SRB), a leading international Sharia […]
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Ijara Company shifts gear for expansion
July 2018 | Kazakhstan
Kazakhstan Ijara Company (“KIC”), the first Sharia compliant leasing company that was established in Kazakhstan announced the assignment of Shariyah Review Bureau (“SRB”) to setup its Sharia Supervisory Board and help manage ongoing certification, consultation and Sharia Audits. Founded in April 2013, KIC employs more than 20 staff, and primarily operates in the field of […]
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UK’s Simply Ethical enlists SRB for online service
June 2018 | United Kingdom
UK based Simply Ethical, today announces the assignment of Shariyah Review Bureau (“SRB”) to supervise its self-invest platform in a Sharia compliant manner. The subscription based digital platform allows investors to select and automatically manage their portfolios composed of stocks, funds and ETF’s. Self-invest platforms have expanded rapidly in the UK and have become the […]
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NFC to lead new growth initiatives
May 2018 | Saudi Arabia
Established since 1989, National Finance Company (NFC) has been serving corporate firms and individuals in financing their investment plans business requirements. Today, it has signed an outsourcing Sharia supervisory agreement with Shariyah Review Bureau (“SRB”) to help NFC maintain its growth initiatives in compliance to Sharia. NFC’s growth has quadrupled in the last years, driven […]
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BOKI appoints global Sharia Advisory firm
May 2018 | UAE
UAE based BOK International Bank (“BOKI”) today announced the assignment of Shariyah Review Bureau (SRB) as its Sharia Advisor, as it sets to launch new Islamic banking products in the country. Under the new contract, SRB will provide BOKI with Sharia Board, certification and Sharia Audit services for its products and new lines of businesses. […]
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T’azur to empower its growth with SRB
April 2018 | Bahrain
Bahrain based t’azur Company is set to augment its Takaful plans in the Kingdom and has selected theShariyah Review Bureau (SRB) to setup its new Sharia Board and guide its Sharia compliance management activities, strengthening its relationship within the community of policyholders. Yahya Nooruddin, CEO of t’azursays one of the key benefits of their Takaful […]
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SRC to build new Sharia compliant instruments
April 2018 | Bahrain
Saudi Real Estate Refinance Company (SRC),a wholly owned subsidiary of Public Investment Fund (PIF), has been working with Shariyah Review Bureau(SRB) to develop attractive long and short-term financing opportunities for the Kingdom’s economic development. These offerings are geared towards Islamic banks, mortgage financing companies and real-estate originators and are intended to reinforce the optimization of […]
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