- Sharia Compliance
Our dedication to sharia compliance is integral to our ethos at Mamun
Compliance transcends being a mere department; it is a fundamental aspect of our business conduct.
We align our operations with Islamic Ethics, incorporating principles and values as guiding pillars.
- Sharia Compliance at Mamun
Ensuring adherence to Shariah principles is a vital aspect of Mamun's approach.
When businesses seek financing or other forms of instruments, Mamun conducts a thorough assessment to verify that their activities and fund utilization align with Shariah principles. This alignment is a prerequisite for businesses to become investment opportunities on the Mamun platform.
Our team undergoes specialized training to uphold these values consistently. A dedicated Sharia Advisor oversees all our processes and products, providing recommendations for any necessary adjustments to ensure compliance with Islamic rules.
At Mamun, we operate our business without compromising our unwavering commitment to faith and Islamic values.
-Sharia
About Mamun’s Sharia Compliance Advisor Dr Saleh Al Kharusi
Dr. Saleh is considered a prominent figure in the field of Islamic banking and finance. He is a member of the Sharia Board of Muzn Islamic Bank, which confirms his deep experience in this field. In addition to his advisory role, he works as a Notary Public with the Supreme Judicial Council, highlighting his unwavering commitment to the legal dimensions of his profession.
Dr. Saleh has an extensive educational background and is a Certified Sharia Supervisory Auditor (CSAA) with a certificate from the Accounting and Auditing Organization for Islamic Financial Institutions (AAIOFI) from Bahrain and holds the Islamic Finance Qualification (IFQ) from the Chartered Institute for Investment and Securities (CISI) from the United Kingdom, which demonstrates his high qualifications in Islamic finance. His professional contributions extend to obtaining a certificate from the General Council of Islamic Banks and Financial Institutions (CIBAFI) in Banking Risk Management (CISRIM) from Bahrain.
Dr. Saleh has also so far published 6 scientific research in the fields of Sharia and Islamic finance, including a research entitled: “Combined Financial Contracts between Jurisprudential Rooting and Banking Application” in the Journal of Sharia Research at the College of Sharia Sciences in the Sultanate of Oman, and many articles about Islamic banking, Sharia and law as well. Dr. Saleh’s certificates and qualifications reflect not only his international experience, but also the breadth of his knowledge of all aspects of Islamic finance.