In an effort to enhance the NCB Shariah Committee work to cope up with the development of Islamic banking services while complying with the Shariah, we are pleased to announce the appointment of His Excellency Sheikh Dr. Saad Al-Shatri, the adviser to the Royal Court and the member of the Council of Senior Scholars, and Sheikh Dr. Khaled Al-Sayyari, Member of the Saudi Electronic University faculty, in the Shariah Committee.

The Shariah Committee of the National Commercial Bank, as in independent body, that has the responsibility to approve the products and services offered by NCB in complying with the provisions and principles of Islamic Shariah law, and to ensure the proper implementation as per Islamic rules through the Shariah Audit Unit.

The Shariah Committee of the National Commercial Bank is now composed of the following eminences:

  • His Excellency Sheikh Abdullah bin Sulaiman Al-Manea, Advisor to the Royal Court, member of the Council of Senior Scholars, and the Chairman of the Shariah Committee.
  • His Excellency Sheikh Dr. Abdullah bin Muhammad Al-Mutlaq, Advisor to the Royal Court, and a member of the Council of Senior Scholars.
  • His Excellency Sheikh Dr. Saad bin Nasser Al-Shatri, Advisor to the Royal Court, and a member of the Council of Senior Scholars.
  • Sheikh Dr. Abdullah bin Abdul Aziz Al-Musleh, Former head of the Board of Scientific Miracles in the Qur’an.
  • Sheikh Dr. Muhammad bin Ali Al-Qari, The former head of the Institute of Islamic Economics.
  • Sheikh Dr. Khaled bin Mohammed Al-Sayyari, Member of the Saudi Electronic University Faculty.

-Ends-

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.