What is the function of Sharia Compliance within the bank? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is the function of Sharia Compliance within the bank?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

The purpose of the Sharia compliance function is to ensure that daily operations are carried out according to approved decisions and standards, not just that the product received approval once at launch.

This is an important internal monitoring layer between the fatwa and implementation.

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