Article (11) Conditions for the Committee Membership
A candidate to be a member in the Shariah Supervision Committee shall meet the following requirements:
- Should be a Muslim, enjoying the full legal capacity.
- 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.
- To be conversant with the modern financial and commercial transactions.
- Not a shareholder, a member of the board of directors, or employee of the company.
- A member may not combine membership in two Shariah supervision committee of companies.