SECP forms Islamic Finance Department
- By Azhar Khan -
- Feb 13, 2015
The new specialized department would carry out the functions of Shariah regulation and compliance, product development, market awareness, Shariah securities market development and international liaison and networking.
The Islamic Finance Department will act as a backbone for coordination between the SECP’s operational departments with the primary objective of regulating and promoting Islamic finance and Shariah compliance in the capital market.