The Shari’ah Committee shall have the power to decide on any Shari’ah issues relating to business, operations or activities of the IILM or any of its subsidiaries, special purpose entities or trust.

The SC provides advice to the Governing Board, the Board Executive Committee, Chief Executive Officer and the staff of the IILM on matters related to Shari’ah aspects.

Members of the SC are nominated by the Governing Board for a minimum period of three years, and they may be reappointed for further periods.