Meethaq Shari’ah Board approves certificates for Sukuk & new products

The Meethaq Shari’ah Supervisory Board conducted its second meeting of 2015 under the chairmanship of Sheikh Dr. Ali Qaradaghi in presence of all Board members and Sulaiman Al Harthy, Group General Manager – Islamic Banking in Bank Muscat. The meeting was held in Jeddah in Saudi Arabia as all Board members participated in Al Baraka Banking Group thirty-fourth Symposium for Islamic Economy.

During the meeting, the board reviewed Meethaq financial performance in early 2015, Takaful insurance products, and approving certificates for Sukuk & new products. In addition, Shari’ah Board reviewed Meethaq banking policies, and approved certificates for some products and audit report.

Sulaiman Al Harthy, Group General Manager – Meethaq Islamic Banking, said that, "The second meeting of Meethaq Shari’ah Supervisory Board was a success as the members discussed important topics such as Meethaq banking policies and workflow. Meethaq is proud to have on board some of the brightest minds on Islamic finance to chart the way forward. The Shari’ah Board has made valuable contributions in establishing Meethaq as the leading Islamic banking service provider in Oman."

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CPI Financial 2015

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