Our Internal Shari’ah Supervision Committee (SSC), a separate and independent entity that is appointed by the BoD, comprises of leading Islamic scholars who have extensive experience and expertise in legal, financial and banking-related matters.
The SSC advises on all transactions executed by Noor Bank to ensure that they are in strict adherence to the principles of Shari’ah, and issues related to resolutions, decisions (fatwas) and recommendations. It is also responsible for reviewing, approving, and overseeing all our contracts, agreements, and product offerings, to ensure legal and moral compliance. Concurrently, the SSC works closely with our business units to create innovative and dynamic financial solutions that are permissible under Islam.
Members of the Internal Shari’ah Supervision Committee: