Page 118 - Bank-Muamalat-Annual-Report-2021

116 BANK MUAMALAT MALAYSIA BERHAD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

SHARIAH COMMITTEE

PROFILE

The Shariah Committee comprises experienced and qualified individuals who perform the following responsibilities:

• Advise the Board, Management including the Bank’s subsidiaries and provide input to the Bank on Shariah matters in order for the
Bank to comply with Shariah principles at all times.

• Endorse Shariah policies and procedures prepared by the Bank and to ensure that the contents do not contain any elements which
are not in line with Shariah.
• Approve the terms and conditions contained in the forms, contracts, agreements or other legal documentations used in executing
the transactions; product manual, marketing advertisements, sales illustrations and brochures used to describe the product.
• Assess the work carried out by Shariah Review and Shariah Audit in order to ensure compliance with Shariah matters which forms
part of their duties in providing their assessment of Shariah compliance and assurance information in the Annual Report.
• Provide the Bank with guidelines and advice on religious matters to ensure that the Bank’s overall activities are in line with Shariah.

• Make decisions on matters arising from existing and future activities of the Bank which have religious repercussions.
• Scrutinise and endorse the annual financial report of the Bank.

HAJI AZIZI

CHE SEMAN
Chairman, Shariah Committee Date Joined: 1 April 2005

Other Current Positions
• Senior Lecturer, Islamic Studies Academy, University of Malaya
• Chairman, Shariah Advisor of Association of Islamic Banking Institutions Malaysia ("AIBIM")
• Chairman, Shariah Committee, Agrobank
• Member, Shariah Committee, Sun Life Malaysia Takaful Berhad

Qualifications
• Master in Economics from International Islamic University of Malaysia ("IIUM")
• Bachelor in Shariah from University Malaya

Relevant Working Experience
• Lecturer, Islamic Studies Academy, University of Malaya