Shariah Advisory Council will play a vital role in guiding and supervising the implementation and compliance of Islamic principles in all activities of the organization.
It will consist of a prominent Islamic scholar with Islamic financing background, reputed banker, renowned lawyer and eminent economist.
Objectives of the SAC:
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To advice on interest-free investment.
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To encourage different types of investment sectors e.g. agriculture, industry, real estate, self-employment to improve over all socio-economic condition incompliance with Sharia.
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To participate and co-operate actively in the human resource development and create awareness about Islamic principles and values.
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To sensitize Muslims on halal investment, its ethical values and the need for halal investment as Muslims.
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To advice and other services related to Islamic financing to other organizations.
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To organize national and international Halal investment/economic fairs, workshops and conferences
Apart from the SAC’s association with MUDI, it will also offer advice and other services related to Islamic financing to other organizations/companies.