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Arcapita appoints Dr Al Shubailey to its Shari’ah Supervisory Boards

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Sheikh Dr Yousuf Abdullah Al Shubaily also serves on the Shari’ah Board of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).

Monday 13, May 2019 BY KUDAKWASHE MUZORIWA

Arcapita has appointed prominent academic and industry professional Sheikh Dr Yousuf Abdullah Al Shubaily as a member of its Shari’ah Supervisory Board.

Abdulaziz Hamad Aljomaih, the Chairman of the Board of Directors at Arcapita, said, “The board review and monitor Arcapita’s investments to ensure they comply with Shari’ah principles and Sheikh Dr Yousuf Abdullah Al Shubaily will add considerable experience to our supervisory board.”

Dr Yousuf Abdullah Al Shubaily also serves as chairman or a member of several other Shari’ah Supervisory Boards of Islamic banks and financial institutions in Saudi Arabia and the wider region.

TAGS : Arcapita , AAOIFI, Sheikh Dr Yousuf Abdullah Al Shubaily

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