|
UAE's Emaar forms religious authority to monitor operations
 DUBAI, Feb 25 (KUNA) -- UAE's Emaar Properties announced Saturday formation of an authority of Fatwa, tasked with monitoring the company's operations to see if they were compatible with Islamic Sharia.The Fatwa Authority consists of four members: Dr. Hussein Hamed Hassan, Dr. Ajeel Jassem Al-Nashmi, Dr. Abdulrahman Al-Atram and Dr. Mohammad Abdulhakeem Zuair. Emaar chairman Mohammad Al-Abbar said in a statement the formation of the Fatwa authority was to meet future challenges as part of the company's booming business in and outside the United Arab Emirates (UAE). This move, he added, would have a good impact on Emaar's reputation. Emaar will be compelled to abide by the authority's decisions. The Authority will be reviewed and approving financial agreements and to give religious opinion about services and products of Emaar. Posted by: Seafarious 2006-02-26 |
| http://www.rantburg.com/poparticle.php?ID=143796 |