Shariah Board

Shariah Board (SB) is an independent body, that oversees the procedures and processes of the bank’s Islamic operations ensuring that they are in line with Shariah guidelines. The Shariah Board is expected to perform an oversight role on Shariah matters related to the FMFB-A operations and activities through the observations and reports from the Bank by identifying possible Shariah issues, if any, and propose the necessary corrective measures. FMFB’s Shariah Board (SB) is the highest authority in making the final decision on matters related to the Shariah in the Bank’s course of business operations.