SOUTH AFRICA: The Muslim Judicial Council (MJC) has launched MJC Shariah Advisory Services, a new division under the Muslim Judicial Council Halaal Trust, to further Shariah governance and support the development of Islamic finance in South Africa and the wider region.
The new unit will offer Shariah certification for banks, investment firms and fintechs; ongoing Shariah audit and compliance oversight; advisory support for Shariah compliant products; and community education on Islamic and ethical finance.
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