SHARIAH AUDIT ADVISORY

Our Board of Councils and Shariah Advisory Board has the expertise and experience to turn your strategies and insights into impactful actions. Our Work includes:

Prepare and Conduct an independent pre-audit processes.

Define scope of audit or review.

Circulate pre-audit / review questionnaires.

Do site visits, audit relevant files, contracts, transactions, interview customers and employees.

To provide preliminary analysis and review with client.

To add value to the IFI’s business operations.

The ability to identify, categorized and rectify Shariah Non compliance events and risks.

To support the function of the Shariah Committee to ensure Shariah Compliant.

To complement other Shariah Compliance functions such as Shariah Review, Shariah Risk and Shariah Research.

To improve internal control for Shariah compliance, Shariah risk management practices, Shariah governance practices and improve the level of Shariah compliance.

To comply with the local’s Guideline on Internal Audit Function of Licensed Institutions and International Standards for the Professional Practice of Internal Auditing.

The ability to complete the audit assignments and produce quality reports on time.