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THE BOARD - Coggle Diagram
THE BOARD
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Key responsibilities
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Promote:
sound corporate culture which reflects the importance of adhering to Shariah requirements in product development and marketing
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Oversee
The implementation of the internal control framework to prevent Shariah non-compliance and any rectification measures to resolve incidences or circumstances that may result or have resulted in Shariah non-compliance
The performance of senior management and other officers entrusted to implement Shariah governance framework such the board is satisfied that the measures of their performance are aligned with Shariah governance objectives
The implementation of SAC rulings and decisions or advice of the Shariah committee within all business and functional lines, including any business or risk implications arising from such implementation