Murabaha Standard Workshop Was Held

Continuing to develop the standards in participation banking, the Advisory Board of TKBB held its third workshop. The Board had previously held workshops for share certificate and tawarruq standards and started a new workshop for its murabaha standards after a long period of work. Academics, advisory committees of the participation banks, and lawyers participated in this workshop held at the TKBB headquarters on Thursday, February 6.

The aim of the workshop was to develop and improve the draft standard with day-long debates in terms of compliance with Islamic law and fulfilling the needs of the industry. The participants also had the chance to see and give their opinions on the draft murabaha standard before the meeting. The Advisory Board took all opinions and recommendations into consideration after the workshop and continues activities to finalize it.