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Article (11) Conditions for the Committee Membership

A candidate to be a member in the Shariah Supervision Committee shall meet the following requirements:

  1. Should be a Muslim, enjoying the full legal capacity.
     
  2. Should be recognized for his scholarship and knowledge of the Islamic Shariah provisions in general, and of the jurisprudence of Islamic financial transactions, in particular.
     
  3. To be conversant with the modern financial and commercial transactions.
     
  4. Not a shareholder, a member of the board of directors, or employee of the company.
     
  5. A member may not combine membership in two Shariah supervision committee of companies.