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Shariah Supervisory Board

Shariah Supervisory Board

The Shariah Board is responsible for reviewing, approving, and overseeing all our Shariah product offerings. It is responsible for certifying and endorsing strict adherence to the principles of Shariah in all our products and services.  The Shariah Board includes scholars who are internationally recognized as the world's leading experts in the Islamic law of financial transactions. They are also teachers and researchers, and have authored many books and articles. The Board's Chairman has been a member of the Supreme Shariah Council of Saudi Arabia.

The Shariah Board members are as follows:

Sheikh Abdalla Bin Suliman Al-Manei - Chairman

Sheikh Abdalla is a Saudi national. He is a member of the Saudi Forum of Senior Shariah Scholars, which advises the government of the Kingdom of Saudi Arabia and Saudi public on all issues relating to religion. Sheikh Abdalla is a senior judge in Saudi courts and he chairs the court in the western region. He is also a prominent member of the International Fiqh Academy and member of the Saudi Higher Council Awqaf and serves on the Shariah boards of a number of financial institutions.

Sheikh Nizam Yaqouby - Executive Member

Sheikh Nizam is a prominent Shariah scholar from Bahrain and he sits in the Shariah Boards of more than twenty financial institutions in the GCC, Europe, Asia and America. Sheikh Nizam is a regular speaker in Islamic Finance conferences on various issues relating to Islamic Finance. In addition to his Shariah qualifications, Sheikh Nizam Yaqouby holds a Masters in Economics and Comparative Religion from McGill University in Canada.

Sheikh Dr. Mohamed Al-Gari - Member

Dr. Al-Gari is an active member of the International Fiqh Academy. He sits in the Shariah Boards of more than twenty five financial institutions in the GCC, Europe and the United States. In addition to his Shariah education, Dr. Mohammed Al-Gari Graduated from University of California with a Ph.D in Economics. He is a professor of Islamic Economics at King Abdulaziz University in Jeddah and the Director of its Islamic Economics Research centre.