DDCAP is delighted to announce the successful conclusion of its latest Sharia’ a Supervisory Board (SSB) Meeting held at the Park Hyatt Hotel Jeddah, in Saudi Arabia on the 22nd of March 2017.
The SSB meeting is regularly convened to reassure our clients of DDCAP’s commitment to ensure the substance and integrity of its business processes and service provision adhere to Sharia’ a principles.
In attendance at the SSB meeting were all members of the Board comprising of the following esteemed Scholars; Sheikh Abdullah Bin Suleiman Almaneea (Chairman), Sheikh Dr. Abdullah Almutlag, Sheikh Dr. Mohamed Ali Elgari, Prof. Dr. Mohamad Akram Laldin, and Sheikh Dr. Mohammed Al-Tabtabai.
The SSB conducted a thorough review of DDCAP’s business offerings, processes and transactions culminating in the issuance of a Fatwa.
As part of an ongoing, recurrent Sharia’a review procedure, our esteemed Sharia’a Supervisory Board also makes regular review of DDCAP’s Ethos Facilitation Platform, the transactions concluded across it and the trade documentation originated therefrom.