Power List of Sukuk and Islamic Finance.
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COFFIS works at the creation of a French normative frame to favor the emergence of an Islamic financial industry in France.
The role of the shariah board of COFFIS:
- Ensure that all the transactions are carried out in strict compliance to Islamic principles.
- Supervise and approve the development of Shariah compliant investment and financing products.
- Sit in the supervisory boards of financial institutions or other companies and bodies
- Offer a “bank of Fatwas”.