SHARIAH Advisory Council


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:

  1. To advice on interest-free investment.

  2. 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.

  3. To participate and co-operate actively in the human resource development and create awareness about Islamic principles and values.

  4. To sensitize Muslims on halal investment, its ethical values and the need for halal investment as Muslims.

  5. To advice and other services related to Islamic financing to other organizations.

  6. 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.