Shariah Advisory Committee
Shariah Advisory Committee
The Shariah Advisory Committee (SAC) was established in 2010 to serve as a reference source for TH on Shariah matters except for hajj-related matters. In ensuring that TH’s business operations comply with Shariah principles at all times, TH’s Shariah Governance Framework has outlined the functions and responsibilities of the SAC as follows:
- Advise the Board on Shariah-related matters to ensure that TH’s business operations and other TH activities including TH zakat comply with Shariah principles at all times;
- Explain Shariah decisions in relation to any TH transaction as decided by the committee based on what is referred to it by the Lembaga, Chairman, Shariah Division or any branch of TH’s business;
- Assess and conform products, standard contracts to be entered into, agreements, operations for all TH transactions;
- Endorse and approve that all TH transactions and contracts are Shariah compliant through reports submitted by the Shariah Division to the committee on a regular basis, explaining the implementation of resolutions and rulings issued by the committee;
- Provide Shariah decisions or advice on the Group’s operations, business, affairs and activities that may give rise to potential incidents of Shariah non-compliance;
- Deliberate and confirm the finding of Shariah non-compliance by TH’s Shariah control functions as well as affirm improvement and rectification measures in dealing with incidents of Shariah non-compliance; and
- Represent TH in any conference and seminar concerning any Shariah issue, as well as to participate in Islamic finance forums.
Prof. Dr. Ashraf Md Hashim
Chairman
Chairman
Datuk Prof. Dr. Mohamad Akram Laldin
Member
Member
Assoc. Prof. Dr. Asmak Ab. Rahman
Member
Member
Ustaz Wan Rumaizi Wan Husin
Member
Member
Prof. Datin Dr. Rusni Hassan
Member
Member
Prof. Dr. Engku Rabiah Adawiah Engku Ali
Member
Member
Assoc. Prof. Dr. Mohamed Fairooz Abdul Khir
Member
Member