Skip to main content

Article (16) The Shariah Controller

Under a recommendation from the Shariah Supervision Committee, the company's board of directors shall appoint a staff member specialized in Takaful insurance to act as the Shariah Controller on the transactions inside the company.

The Shariah Controller shall review the company's transactions under the direct supervision of the Shariah Supervision Committee to ensure that the Committee opinions and decisions have accurately been implemented. The Shariah Controller shall perform his duties in coordination with the Committee. In addition, he shall assume the duties of the Committee secretary and report to it.