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Higher Shariah Authority at Central Bank issues guidelines for COVID-19 relief

The Higher Shariah Authority (HSA) for financial and banking activities recently met and reviewed COVID-19 pandemic’s effects on the economy and approved a set of Shariah paremeters to mitigate it’s impact on affected individuals and companies.

The HAS urged Islamic financial institutions to join their efforts in supporting sectors and individuals affected by this pandemic.

The meeting was chaired by Sheikh Dr. Ahmed Bin Abdulaziz Al Haddad, the Chairman of the HSA, and attended by the members of the HSA: Sheikh Prof. Dr. Jassim Ali Al Shamsi, Sheikh Issam Muhamad Ishaq, Sheikh Dr. Aznan Hasan, and Sheikh Dr. Usaid Muhammad Adeeb Al Kilani.

Continue Reading: https://gulfnews.com/business/banking/higher-shariah-authority-at-central-bank-issues-guidelines-for-covid-19-relief-1.71306705