The International Commercial Bank announced the approval of the Higher Sharia Authority of the Central Bank of the United Arab Emirates. This decision opens up new opportunities for the development of the country's banking sector. The Council confirmed that the bank's activities comply with Islamic law principles. Now the bank will be able to offer a wider range of financial products. This is an important step to strengthen its position in the international arena. Experts believe that this decision will have a positive impact on the region's economy. Customers will also gain access to new Islamic financial instruments.
