Role of Shari'a Board
DIBPL strives to bring to its customers, ‘World Class Banking, the Islamic Way’. To ensure that every transaction complies with Islamic Law, we have in place a ‘Shari'a Board’, comprising of scholars of the highest repute, with vast experience in the field of Islamic Jurisprudence, economics and banking.
The ‘Shari'a Board’ ranks above the Board of Directors and is empowered to issue ‘Fatwas’ on any matter proposed before it by the different business units of the Bank. This framework has made DIBPL an organization that practices Islamic finance in true letter and spirit.
Important Duties of the Shari'a Board