Muscat: The draft law for Islamic insurance or takaful firms and amendments in Capital Market Law for accommodating Sharia compliant debt instrument or sukuk have been finalised. This will be enacted after it completes the routine regulatory approvals from different government entities, said Abdullah bin Salem bin Abdullah Al Salmi, Executive President of the Capital Market Authority (CMA).
IslamOnline is the leading and original Islamic portal on the Internet. Based in Dubai IslamOnline's objective is to portray a accurate picture of Islam to the world as well as providing support services for Muslims
and for non Muslims wishing to explore Islam. IslamOnline is the number one source for Islamic content in the Islamic world.