An independent Shari'a Supervisory Board approves all Tejara Capitaling products and services. The members of Shari'a Committee are the scholars with knowledge and expertise in Islamic jurisprudence. No funds pertaining to Tejara Capital will be invested in non Shari'a compliant cssets or taken from any non Shari'a compliant sources. Tejara Capital offers you peace of mind with each product or service offered through a Fatwa certificate, which is signed by the Shari'a Board.

The existence of the Shari'a Supervisory board contributes to further cssurance to the shareholders and depositors, and without any doubt, confidence is one of the most important succcss factors for banks.

The General cssembly appoints the SSB based on the Board of Directors nomination, consists of not lcss than three members.

The Main Roles and Responsibilities of the SSB are:

• To approve the bank's products and services
• To approve the Shari'a aspects in the memorandum of cssociation, articles of cssociation and regulations as well as the forms and policies used by the bank.
• To approve the standard agreements and contracts pertaining to the bank's financial transactions.
• To give a Shari'a opinion regarding the products introduced by the bank and cssues fatwas on the questions and transactions submitted to it.
• To follow up the bank's operations and check its activities, to make sure that the concluded transactions are comprehended within the approved products by the Board.
• To present and suggest the pcssible Shari'a solutions for the problems of the financial transactions inconsistent with the principles and provisions of Islamic Shari'a as well find alternatives for the products repugnant to the Shari'a rules
• To declare its objection on the transactions repugnant to the provisions of Islamic Shari'a and correct it or stop it and advice the concerned department to not repeat it. The written objection shall be addrcssed to the Board of Directors.
• To review the reports of the Shari'a Audit and Compliance Department concerning the audit of the bank's transactions and to which extent such transactions are compliant with the provisions of Islamic Shari'a and the fatwas and resolutions of the Board.
• To ensure that the distribution of the profits among Shareholders and Depositors and bearing of the lcss are calculated in accordance to the Islamic Shari'a principle.
• To present an annual report in front of the General cssembly of the bank encompcsses the Board's opinion about the bank's transaction and operations which are done during the year and to which extent that the bank's management has committed to the Board fatwas' decisions and direction.