Sharia Supervisors

The Clause 76 of the Bank's Memorandum & Articles of Association requires the Board of Directors to appoint a Sharia Supervisor, responsible for monitoring all the Bank’s transactional procedures and assuring Sharia compliance.

Also the General Secretary of the Fatwa & Sharia Supervision Board, the Sharia Supervisor handles queries about the Bank’s administration from staff members, shareholders, depositors and customers, liaises with the Sharia auditors and provides them with guidance. He submits reports and suggestions to the Fatwa & Sharia Supervision Board and to the Chairman of the Board of Directors. The position also calls for participation in the Bank’s training programmes.