Shari’ah Supervisory Board

The Shari’ah Supervisory Board forms an integral part of the Banks’ operations. Our members review all transactions and projects to ensure that they are fully compliant and in accordance with the rules and principles of the Islamic Shari’ah.

Our Shari’ah Supervisory Board consists of three of the most prominent and distinguished scholars in the field of Islamic Shari’ah:

  • His Eminence Dr. Abdul Sattar Abdul Kareem Abu-Ghuddah Chairman

    DrAbdulSattarDr. Abdul Sattar Abdul Kareem Abu-Ghuddah joined the Shari’ah Supervisory Board of Ibdar Bank in 2013. He holds two Bachelor degrees in Law and Shari’ah from the University of Damascus; and two Master Degrees in Shari’ah and Hadith, in addition to a PhD in Comparative Fiqh from the Al-Azhar University in Egypt. Dr. Abu-Ghuddah is an active member of the Islamic Fiqh Academy, which evolved from the Organization of Islamic Conference in Jeddah, KSA.

    He is also a member of both the Accounting Standards Board and Shari’ah Board of AAOIFI in Bahrain. Dr. Abu-Ghuddah teaches Fiqh, Islamic studies and Arabic in Riyadh and has performed the valuable task of researching information for the Fiqh Encyclopaedia complied by the Ministry of Awqaf and Islamic Affairs in Kuwait. He is currently the Chairman and member of the Shari’ah supervisory boards of numerous international and regional Islamic banks and financial institutions, including the Shari’ah Board of the Central Bank of Bahrain. In addition to his participation in Islamic finance conferences, Dr. Abu-Ghuddah is also very prominent for his publications on various topics of Islamic banking.

  • His Eminence Shaikh Nidham Mohammed Saleh Yaquby

    ShNidhamShaikh Nidham Mohammed Saleh Yaquby holds a Bachelor’s degree in Economics and Comparative Religion from McGillUniversity, Montreal, and a PhD in Islamic Studies. Shaikh Nidham obtained his Shari’ah knowledge and teachings from prominent Shari’ah scholars in the Gulf region and achieved their highest commendation. Shaikh Nidham is the Chairman and member in numerous Shari’ah supervisory boards of international Islamic banks and financial institutions including the Dow Jones Islamic Index.

    He is a member of the Shari’ah Board of Central Bank of Bahrain, the AAOIFI Shari’ah Board, and the Islamic Rating Agency Shari’ah Board. Shaikh Nidham is also very prominent for his participation and contribution in international Islamic finance conferences, and for his offering of financial solutions and instruments for contemporary financing schemes. Shaikh Yaquby was a visiting professor at the International Islamic University, Malaysia.

  • His Eminence Shaikh Adnan Abdulla Al Qattan

    ShAdnanShaikh Adnan Abdulla Al Qattan holds a Bachelor degree in Islamic Shari’ah from the Islamic University, Madinah, Saudi Arabia, and a Master degree in Quran and Sunnah from the University of Um Al-Qura, Makkah, Saudi Arabia. Shaikh Al Qattan is the Chairman of Bahrain’s Hajj Mission, President of the Supreme Shari’ah Appeal Court, and a member of the Supreme Council for Islamic Affairs. He is also the President of the Board of Trustees of Al Sanabel Orphans Care and Vice President of the Royal Charity Organization.

    Shaikh Al Qattan serves in the Shari’ah Supervisory Board of various Islamic banks and financial and investment institutions, in addition to being Friday sermon orator at AlFatih Grand Mosque in Manama (Bahrain).