Page 142 - Bank-Muamalat-AR2020

140 BANK MUAMALAT MALAYSIA BERHAD About Us Our Leadership Our Strategy
About Us
ANNUAL REPORT FY2020

SHARIAH COMMITTEE

STATEMENT

In respect of the quorum for Shariah Committee meetings, the Bank must ensure that there is a majority of Shariah qualified
members to be present at each meeting. The Bank shall ensure that any decision of the Shariah Committee must be made on
the basis of simple majority.
The Shariah Committee shall put on record in its report or statements directed to the Board, its concerns over any Shariah
non-compliance issues.
For January to December 2020, Shariah Committee attendance for eleven (11) meetings held are as follows:

Shariah Committee Member Attendance %

Tn. Hj. Azizi Che Seman 11/11 100%

YM Engku Ahmad Fadzil Engku Ali* 2/2 100%
Prof. Madya Dr Mohamad Sabri Haron 11/11 100%

Dr. Wan Marhaini Wan Ahmad 10/11 90%
Dr. Mohd Shahid Mohd Noh 11/11 100%

Dr. Yusri Mohamad 11/11 100%
*Last date of service on 31 March 2020

It is concluded that all members of Shariah Committee complied with the attendance of not less than 75% of the meetings
scheduled.

Training Programme for Shariah Committee
The Shariah Committee assumes the responsibility to further enhance the skills and knowledge on the relevant new laws and
regulations as to keep abreast with developments in the financial services industry.
The training programmes attended by the Shariah Committee for the period of January to December 2020 include the
following:

Shariah Committee Member Training Programme

Tn. Hj. Azizi Che Seman • Shariah Review Training by ISRA
• Board Structured Training: Shariah Governance Policy
• Muzakarah Cendekiawan Syariah Nusantara Ke-14
• 15th International Shariah Scholars Forum (“ISSF 2020”)
• Islamic Fintech Dialogue (“IFD”)
• Familiarisation Programme Series 1 - Investment fund & Wasiat

• Familiarisation Programme Series 2 – SMART Mortgage Flexi, Muamalat
Gold-i & Shariah Governance

• Familiarisation Programme Series 3 – Rahn Tawarruq, Credit Card-i,
Compounding Issue in Moratorium & SNCE Process Flow