LEGAL VIEWPOINT: DIFFERENCE IN FAMILY BUSINESS LEADERSHIP

LEGAL VIEWPOINT: DIFFERENCE IN FAMILY BUSINESS LEADERSHIP

In all Gulf countries, GCC, there are many family business companies and it is very evident that those family business companies play an important, active and effective role in developing the business industry, trade activities and the national economy of their countries.

LEGAL VIEWPOINT : Stock markets need proper disclosure norms

LEGAL VIEWPOINT : Stock markets need proper disclosure norms

Investors in stocks /securities normally keep stock markets alive and active due to the fact that they are the real fuel of the market. The demand and the process of investment in stocks and securities makes the fuel that leads and keeps the market machinery going in track.

Islamic finance with the form of selling the title and keeping the usufruct , a new vision to develop Islamic financial products

Islamic finance with the form of selling the title and keeping the usufruct , a new vision to develop Islamic financial products

In an important step towards enhancing the product development of Islamic finance industry, the international Shari’ah research academy for Islamic finance (ISRA) had published the research paper which prepared by « Raqaba company for Shari'a audit & Islamic financial consultations », with the title: (Islamic finance with the form of selling the title (Al-Raqabah) and keeping the usufruct (Al-Manfaa), (An empirical study on American finance house LARIBA products).

Consortium of Raqaba & ISRA awarded for revamping AAOIFI's certificate ‘Certified Shari’ah Advisor & Auditor (CSAA)

Consortium of Raqaba & ISRA awarded for revamping AAOIFI's certificate ‘Certified Shari’ah Advisor & Auditor (CSAA)

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) today announced the commencement of the first phase of the revamping project for its second flagship professional development qualification – ‘Certified Shari’ah Advisor & Auditor’ (CSAA). The first qualification – Certified Islamic Professional Accountant (CIPA) – has already been revamped and relaunched. The project has been awarded to a consortium of Raqaba (Kuwait) & International Shari’ah Research Academy – ISRA (Malaysia),


source

LEGAL VIEWPOINT : LEGAL ISSUES ON CORPORATE GOVERNANCE

LEGAL VIEWPOINT : LEGAL ISSUES ON CORPORATE GOVERNANCE

A basic principle of corporate governance (CG) relates to the Board of Directors of the company, wherein the company shall be headed by an effective, collegial and informative Board of Directors.

LEGAL VIEWPOINT : From my book: “Banking & Corporate Business Laws” MINISTRY ROLE IN CALLING SHAREHOLDERS MEETINGS

LEGAL VIEWPOINT : From my book: “Banking & Corporate Business Laws” MINISTRY ROLE IN CALLING SHAREHOLDERS MEETINGS

The Board of Directors of a public joint stock company is the legal and authorized body vested with the legal power and authority to call the shareholders of the company for an ordinary or extra-ordinary general assembly.

LEGAL VIEWPOINT: (From my book: Banking & corporate business laws) LIMITED LIABILITY COMPANY (LLC) MANAGEMENT BOARDS

LEGAL VIEWPOINT: (From my book: Banking & corporate business laws) LIMITED LIABILITY COMPANY (LLC) MANAGEMENT BOARDS

A limited liability company (LLC), legally speaking, can be managed by one or more manager(s) to be chosen from the partners of the company themselves, or alternatively, from outsiders provided the number of the management board, at all times, shall not exceed five members.

LEGAL VIEWPOINT: Insider Trading

LEGAL VIEWPOINT: Insider Trading

All laws and regulations relating to securities markets are very clear regarding the absolute prohibition of “insider trading”. This clear stand is based on the philosophy of giving equal information to all investors, as well as their far-end protection.

LEGAL VIEWPOINT : SYNDICATION OF LOANS

LEGAL VIEWPOINT : SYNDICATION OF LOANS

It is a common basic fact that most of the big and corporate business is now arranged or undertaken through loans from banks or credit institutions.

INVESTMENT FUNDS

INVESTMENT FUNDS

All types of companies, particularly, investment companies and other financial institutions, worldwide, are very active in promoting their products to potential investors.