UAE rulebook forces Islamic finance firms to rethink deals
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UAE rulebook forces Islamic finance firms to rethink deals
The UAE has brought Islamic financial institutions and takaful providers under a single, detailed regulatory regime. According to Pinsent Masons, the change is designed to give market participants firmer legal footing when they build and run sharia-compliant products, and it could force many firms to revisit agreements they already have in place. The rules sit […]
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The Muslim TimesIslamic banks face document reviews under new UAE rules
The UAE has rolled out a wide-ranging rulebook for Islamic financial institutions and takaful operators. According to Pinsent Masons, the change could push banks, insurers and investors to revisit how they structure and document sharia-compliant products. The rules are contained in Central Bank Regulation No. 1/2026, which gives effect to parts of Federal Decree-Law No. […]
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