Dar al Sharia provides Islamic banking consultancy to Bank Sohar

Bank Sohar, Omani lender, has signed an agreement with Dar Al Sharia Legal and Financial Consultancy of Dubai, to help it with all the important aspects of launching its Islamic Banking Window. Dar Al Sharia will bring its expertise in Sharia related matters, product design, Sharia governance and Sharia documentation matters to help Bank Sohar launch a unique, authentic and reliable Islamic Banking Window.

Dar Al Sharia is a Dubai-based subsidiary of Dubai Islamic Bank, the world’s first Islamic bank.

Dar Al Sharia specializes in Sharia-compliant structuring and documentation for all types of banking products, Sukuk, Syndication and Funds, besides product development, restructuring, RandD for innovative products, Sharia audit and training, conversion of conventional financial institutions into Islamic ones, and other allied services, Oman Daily Observer reported.