The fifth installment of a Global Finance FAQ web series on Islamic finance. Islamic finance offers products and services that comply with Islamic law ( sharia ) but who decides what is and is not sharia -compliant and what mechanisms exist to enforce those judgments? Sharia Supervisory Boards Each Islamic finance institution has a sharia supervisory board (SSB). The board is composed of at least three jurists. They are paid by the bank but act as independent consultants. Their role is both

Tag-uri: Islam