MEDIA CENTER
Rassanah Capital Assigns Shariyah Review Bureau for its Funds Compliance
November 2022 | Saudi Arabia
Saudi based Rassanah Capital, is the latest investment firm having secured license this year to provide diverse and integrated financial services designed specifically to match the financial goals of individuals and institutions. It provides services in the field of arrangement, advice, management and operation of investment funds, managing private portfolios and financial advice.
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Acadian Asset Management Engages Shari’ah Review Bureau for Oversight on Leading Islamic Financial Institution Portfolio
September 2022 | UK
Acadian Asset Management (UK) Limited (“Acadian”), an affiliate of Acadian Asset Management LLC, a global systematic investment leader, is partnering with Shari’ah Review Bureau (“SRB”), a Bahrain-based Shari’ah advisory firm. SRB will provide Acadian with Sharia oversight services for two Shari’ah-compliant global equity portfolios managed by Acadian on behalf of a leading Islamic financial institution. […]
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Kingdom’s First Robo-Advisory Fintech Signs With Shariyah Review Bureau
August 2022 | Saudi Arabia
Tamra Capital, a Saudi-based fintech licensed by the Capital Market Authority, will use robo-advisory technology to provide competitive and convenient access to global financial markets. It joins hands with Shariyah Review Bureau (SRB) to ensure its operations, legal documents, and investment offerings are in compliance with Shariah. Tamra Capital has already launched today with a web-based platform and […]
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Bluebox Asset Management engages with Shariyah Review Bureau for its Islamic Global Technology Fund
August 2022 | Switzerland
Geneva based BlueBox Asset Management (“BlueBox”) today launches its Shariah compliant Islamic Global Technology fund. It partnered up with Bahrain based advisory firm, Shariyah Review Bureau (“SRB”) to oversee the fund’s structuring and sharia complaint investments. BlueBox was formed in 2018 as a partnership between BlueBox Wealth Management and William de Gale. The BlueBox Global Technology Fund was launched in […]
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KSA based LDUN secures Sharia approval for its BNPL product
July 2022 | KSA
In aligning with the Saudi Vision 2030, local based Buy Now Pay Later (BNPL) payment solution providers came to bridge the gap between the wholesalers and the retailers. This was to ensure the business continuity for both segments by developing an innovative, user-friendly, and automated solution to facilitate responsible decision making and better control of […]
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Shariyah Review Bureau hired by Oman Investment Authority for its listed REIF
July 2022 | Saudi Arabia
Shariyah Review Bureau (SRB), signed an agreement with Oman Investment Authority (OIA) to certify and supervise its Shariah-compliant REIF (also known as RIET in other jurisdictions).
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Tribal Credit launches new Shari’a compliant payments and financing to businesses in the Middle East
June 2022 | UAE
Tribal Credit has partnered with Shariyah Review Bureau (SRB) to deliver secure, 360° and powerful Shari’a compliant finance solutions [Dubai], 20 June 2022.- Tribal Credit, a global company from Silicon Valley that provides integrated financial solutions for startups across the Middle East and emerging markets, announced today that it has engaged Shariyah Review Bureau (SRB), […]
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UAE: Postpay secures Sharia approval for its BNPL products
May 2022 | UAE
UAE based payment solution provider Postpay, today announces receiving Sharia certification from Shariyah Review Bureau for three of its ‘Buy Now Pay Later’ (BNPL) payment solutions to its customers. With the increase in online transactions amidst the pandemic, BNPL providers stood to benefit. They are seen as a twofer by both parties; the vendors and […]
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Lamaa achieves Shari’a-certification for its Supply-chain product
March 2022 | KSA
KSA based fintech company, Lamaa receives Shari’a approval for its Dynamic Solution – one of the Supply Chain Solution products provided through its technological platform. This is in line with the Saudi’s vision 2030 initiative to support SMEs in the Kingdom with variety of products and solutions. Sumeet Khutale, the founder and CEO of Lamaa said “We wanted to contribute to achieving the […]
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Mudaraba Financial Company scales up to launch digital sukuk
January 2022 | KSA
Saudi Arabian based Mudaraba Financial company (MFC) announces today of partnering up with Shariyah Review Bureau to ensure all aspects of its digital Mudaraba Sukuk issuance platform meet the requirements of Sharia approval. In line with Saudi Arabia’s regulatory frameworks for the innovation of financial technology (Fintech) in the capital market, the platform automates the […]
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