Regulation
5 articles tagged “Regulation”
Who Regulates Islamic Banking in South Africa? The 2026 Map
South Africa has no Islamic banking law, and the system works anyway: SARB supervises the banks, the NCA governs the financing, section 24JA delivers tax parity, and CODI insures half the shelf. Where the real gaps are.
Why South Africa Still Has No Takaful Law (2026)
The Insurance Act 18 of 2017 contains no takaful framework: no licence class, no Shariah governance standards, no surplus disclosure rules. What that means and what may change.
How South Africa Regulates Islamic Finance Without an Islamic Finance Law (2026)
No Islamic banking statute, no takaful framework, no state Shariah authority, and yet the system mostly works. The general-law approach explained, gaps included.
Section 24JA (2026): The Tax Rule That Makes Halal Finance Work in South Africa
Without one section of the Income Tax Act, every Islamic finance structure in South Africa would be taxed twice. How Section 24JA delivers parity, and where it stops.
Who Certifies Shariah Compliance in South Africa? Nobody Official (2026)
No regulator polices the label 'Shariah-compliant' in South Africa. What actually stands behind the claim, the quality spectrum, and how to verify before you buy.