Establishing Shariah Bodies Service
Al-Dowaishan Company provides the service of establishing Shariah bodies for financial institutions and companies wishing to enhance their compliance with Shariah controls and standards. This service aims to help entities form an independent Shariah body that oversees all transactions and products to ensure their compliance with Islamic Shariah provisions.
The service includes:
- Providing consultations on the requirements for establishing a Shariah body
- Preparing internal regulations governing the work of the body
- Assistance in selecting and appointing qualified Shariah body members
- Establishing work mechanisms and periodic reports
Service benefits:
- Ensuring compliance with local and international Shariah standards
- Enhancing the credibility of the institution before regulatory bodies and clients
- Supporting the development of financial products and services compliant with Islamic Shariah
