1. an executive member or
2. an executive sub-committee,

from among its members, and determine their responsibilities.
Resolutions of the executive member or the executive sub-committee should be presented to the ISSC at its first meeting. Neither the executive member nor the executive committee has the right to issue a resolution on:

1. important transactions that contain new structures, mechanisms, or documentation that have not previously been endorsed by the ISSC (such as new structures, mechanisms and documentation in Sukuk issuances, syndicated financings or products), or
2. to adopt plan of internal Shari’ah audit or endorsing reports submitted by the internal audit.