New Zealand based EFCO Limited collaborates with
Shariyah Review Bureau for Islamic Financing products
New Zealand based financial services company EFCO Ltd, today announces receiving Sharia certification as a mark of compliance from Shariyah Review Bureau (SRB) – a Bahrain based Shariah advisory firm licensed by the Central Bank of Bahrain.
The engagement comes as EFCO integrate Shari’a compliance to its set of assets & debt-based products. The arrangement will allow EFCO to rely on SRB to oversee and supervise its asset financing and personal loans in a Sharia compliant manner. To date there is no enterprise in New Zealand that provides dedicated Sharia compliant finance offerings even though the Muslim population is estimated over 62,000. ”....Keep Reading