Guidance

The records of the assessment of competency of Shari'a Supervisory Board members should clearly indicate; at least:

(i) the factors that have been taken into account when making the assessment of competency;
(ii) the qualifications and experience of the Shari'a Supervisory Board members;
(iii) the basis upon which the Authorised Person has deemed that the proposed Shari'a Supervisory Board member is suitable; and
(iv) details of any other Shari'a Supervisory Boards of which the proposed Shari'a Supervisory Board member is, or has been, a member.