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Our Performance Sustainability Statement Governance Our Numbers Other Information
10.0 ShArIAh GOvErNANCE DISCLOSurES (CONT’D)
Shariah Governance Structure
Internal Shariah Control
Shariah compliance management is driven top down from the Board through the Shariah Committee (“SC”) who has the
responsibility of understanding Shariah-related matters in the activities assumed by the Group and the Bank.
The Group and the Bank align its Shariah Management and Compliance organisational responsibilities with the objective of
ensuring a single view of risks across the Group and the Bank and putting in place capabilities for an integrated compliance
management. The SC function independently and ensure the integration of compliance management.
In ensuring that the compliance management functions are able to provide an independent evaluation of its overall business
decision and strategies, the functions are segregated to the business operating units.
Table 28: Shariah governance structure
Shariah Governance Structure
Internal Shariah Control
Board
Board risk
Management Shariah Board Audit
Committee Committee Committee
Management
risk Management Shariah Compliance Internal Audit
Department Division Department Department
Shariah
Shariah Shariah Shariah
risk Management Advisory & review Audit
research
Shariah Secretariat,
Governance &
Training