Sharia board
A Sharia board is a group of Islamic scholars who provide guidance on matters related to Islamic law, known as Sharia. These boards are often established by financial institutions, businesses, or organizations to ensure that their operations comply with Islamic principles. The scholars assess products, services, and practices to determine their permissibility under Sharia.
The role of a Sharia board includes issuing fatwas, or legal opinions, and conducting audits to ensure ongoing compliance. Members typically have expertise in Islamic jurisprudence, finance, and ethics, making them essential for organizations seeking to operate in accordance with Islamic values while engaging in commerce or investment.