All SAB’s IFS Islamic products, services and transactions are vetted and approved by an independent Shariah Committee to ensure total Shariah compliance.

The SAB Shariah Committee meets regularly for review and appraisal and is comprised of the following members:


Sheikh Dr. Abdullah Bin Mohammed Al Mutlaq – SC Chairman

Sheikh Dr. Abdullah is a consultant of the Royal Diwan and is a member of the Senior Sharia Scholars Council and a member of the Permanent Committee for Research and Pronouncements (Iftaa).

Sheikh Dr. Abdullah holds a PhD from Imam Mohammed Bin Saud University, Riyadh, Kingdom of Saudi Arabia in 1404H. Sheikh Abdullah is a Professor of Shariah and was formerly Chairman of the University's Comparative Fiqh Department.

Sheikh Dr. Abdullah is a Shariah Committees member of many Islamic financial institutions and also a member of numerous of Shariah Councils such as AAOFI Shariah Committee (Bahrain).

Sheikh Dr. Abdullah has supervised a number of PhD theses and has participated in the discussion of a number of MA and PhD dissertations. He has compiled a number of Shariah rulings (interpretive opinion) and is an author of a number of books and researches on Islamic economy.


Sheikh Dr. Abdullah Bin Eisa Aydhy – SC Member

  • Associate professor in Shariah department, Imam Mohammed Bin Saud Islamic University
  • Member of several Shariah Committees of Islamic financial institutions, also a member of AAOIFI Shariah Standards Committee.
  • Member of KSA Law of Civil Procedures Team in judicial Legislation Committee, KSA.
  • Holds a PhD in comparative jurisprudence (Figh) from Al Imam Muhammad bin Saud Islamic University.
  • An author of number of books and researches in Islamic economy.


Sheikh Dr. Essam Bin Khalaf Alenazi– SC Member

  • Professor at the Department of Comparative Fiqh,- Kuwait University.
  • Member of Shariah Committee, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
  • Member of the Shariah Committee in many financial and Islamic institutions such as Boubyan Bank, Warba Bank, Ahli United Bank, Bank of London and the Middle East, and others.
  • Holds a PhD in comparative jurisprudence (Figh) from the Jordanian University.
  • An author of number of books and researches in Islamic economy.