Sunday, Sep 11, 2011
Gulf News
Manama Ahmad Bazeia Al Yaseen, one of Kuwait’s most prominent Islamic finance figures and respected personalities, has died.
Al Yaseen, who died in Geneva on Friday at the age of 83, was the first chairman of Kuwait Finance House (KFH), founded in 1977 and was one of the first Islamic banks in the region. He was also the chairman of The Investment Dar (TID) Sharia Supervisory Board since its establishment in 1994.
He also assumed several leading roles in Kuwait’s finance industry and was a former board member of the Central Bank of Kuwait (CBK) and the Kuwait Chamber of Commerce. He headed the Sharia supervisory boards of A’ayan Leasing Company and The International Investor.
Al Yaseen helped establish banks in Sudan, Dubai, Bangladesh, Turkey, Egypt and Bahrain. “The noble Islamic Sharia is practicable in every place and time... The book (Quran) and Sunnah (Prophet’s traditions) are its source; they are not for experiment, but for implementation,” he was once quoted as saying, Kuwaiti daily Al Watan reported yesterday.
By Habib Toumi?Bureau Chief
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