Shari'ah Board

Fatwa and Sharia Supervisory Board (FSSB)

The FSSB is responsible for ensuring that Ajman Bank’s activities are in compliance with Sharia laws. The FSSB meets at least four times a year or as frequently as required.

The FSSB is entrusted with the duty of providing advice and reviewing all forms of contracts and agreements relating to the Company’s transactions to ensure that the Bank’s activities are at all times consistent with the principles of Islamic jurisprudence. The FSSB is responsible to the General Assembly and submits an annual report for their consideration. 

Ajman Bank Fatwa and Sharia Supervisory Board members are highly reputed Sharia Scholars with intensive experience in Fiqh-al-Muamelaat, Law, economics, banking and financial systems.

The member of the Fatwa and Sharia Supervisory Board of Ajman Bank as follows: 

  • Prof. Dr. Hussain Hamid Hassan, Chairman of FSSB  
  • Prof. Dr Jassim Ali Salem Al Shmsi, Deputy Chairman of FSSB 
  • Dr. Mohammad Abdul Hakim Zoair, Member of FSSB 
  • Dr Ibrahim Ali Ahmed Al-Shall Al Teneji, Member of FSSB 

Annual Sharia General Assembly Report

Shareholders Zakat Notification

 

Sharia Compliance
Ajman Bank committed to ensure the business complying with Sharia Law and inspiring the Sharia values. Our In-house Sharia Compliance Division is directly reporting to the Fatwa and Sharia
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