Centralised Shariah Advisory Authorities in Islamic Finance Convene in Third Roundtable Meeting Hosted by BNM

Centralised Shariah Advisory Authorities in Islamic Finance (CSAAs) convened in the Third Roundtable Meeting held virtually on the 21st of December 2021. The meeting was hosted by Bank Negara Malaysia (BNM) and chaired by Tan Sri Dr Mohd Daud Bakar, Chairman of the BNM Shariah Advisory Council. It saw participation from more than 50 delegates from 16 countries and three standard-setting bodies.

Why it Matters?

The roundtable meeting aims to further enhance connectivity and foster mutual respect among Shariah boards at the central bank and national levels. The main themes discussed were on providing Shariah guidance for unresolved industry-wide issues, building greater coordination, creating sound Shariah governance frameworks, and focusing on key strate...