An authority, appointed by an Islamic financial institution, which supervises and ensures both the Shari'ah compliance of new product development and the operations, is called

An authority, appointed by an Islamic financial institution, which supervises and ensures both the Shari'ah compliance of new product development and the operations, is called

A Shari'ah Regulatory Agency

B Shariah Supervisory Board

C Shari'ah Compliance Board

D Shari'ah Regulatory Authority

Solution

Correct Answer: Option B