SHARIAH RISK MANAGEMENT

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:

To put in place internal controls and risk management tools and processes in order to prevent SNCR from occurring.

To integrate SNCR consideration with enterprise wide risk management.

To identify, assess and measures SNCR exposures and the potential impact on the business operations of the IFI.

To monitor SNCR exposures and effectiveness of the risk mitigation measures.

To report to the Board, Shariah Committee and senior management on SNCR exposures.

To constructively challenge decision that may give rise to SNCR.