27 May 2023
1 min read
We are pleased to share with you the successful completion of our Shariah audit from Meezan Bank team in March 2023. The audit team, consisting of experienced Shariah auditors, conducted a thorough review of our operations to ensure our compliance with Shariah principles. Meezan Bank has an extensive Shariah audit team, which is highly respected in the industry, and their Shariah Board Chairman, Tariq Usmani, is a renowned Shariah scholar.
As a member-owned and funded cooperative, we strive to uphold the highest standards of Shariah compliance and are proud to be one of the few cooperatives of our kind in Australia and the world. We believe that this audit demonstrates our commitment to providing our members with financial products and services that adhere to the principles of Shariah and are in line with their values and beliefs.
Our Shariah compliance framework is an integral part of our operations, and we continuously review and update it to ensure its effectiveness and relevance. We want to take this opportunity to thank our members for supporting our organisation, committing to maintaining our high standards of Shariah compliance, and providing our members with the best possible Islamic financial solutions.
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