The Islamic Banking Division focuses on the development of Shariah-compliant products and services that provide Shariah-based financial solutions to cater to the needs and expectations of all customer segments, including overseeing product application and implementation according to Shariah guidelines. Additionally, the Division provides support in branch conversions from conventional to dedicated Islamic branches and staff training efforts to enhance their knowledge of Islamic banking and Shariah-compliant products/services.
A Shariah Board comprising of the following 3 eminent scholars, endorses all products and services developed by the Islamic Banking Division:
H.E/Sheikh Abdullah Bin Suleiman Almanea (Chairman)
Dr. Mohammed Bin Ali Algarri (Member)
Dr. Abdullah Bin Mohammad Al-Mutlaq (Member)
The Shariah Compliance Team of the Islamic Banking Division monitors application of Shariah-compliant products and services by the branches and businesses of the Bank to ascertain proper application from a Shariah perspective and work procedures compliance with Shariah principles and guidelines.
Blessed with the direct support and involvement of the Shariah Board, Islamic Banking at arab national bank will continue to provide Shariah-compliant products and services that meet the expectations of our valued customers.