The Shari'ah Supervisory Committee of the Bank plays a vital role in framing and exerting policy for strict adherence of Shari'ah principles in the Bank. As per Islamic Banking Guideline circulated by Bangladesh Bank, The Shari'ah Supervisory Committee is represented by 12 members consisting of prominent Ulama having adequate knowledge in Fiqhul Moamalat, renowned lawyers and eminent economists. The Shari'ah Supervisory Committee of IBBL gives opinions and guidelines to implement and comply of Shari'ah principles in all activities of the Bank particularly in the modes of investment. The Committee is governed by a bye-laws approved by the Board of Directors.

As part of major responsibilities of the Committee Shari'ah inspections is also conducted in all the branches under its direct supervision to ensure Shari`ah compliance in all activities of the Bank.

Members of Shari'ah Supervisory Committee:

CHAIRMAN   Sheikh (Moulana) Mohammad Qutubuddin Chairman Baitush Sharaf Anjuman-E-Ittehad Bangladesh   VICE CHAIRMAN   Mufti Sayeed Ahmed Head Mufti Al Jamiatus Siddikiah Darul Ulum, (Madrasha-e-Furfura), Darus Salam, Dhaka.   MEMBER SECRETARY   Dr. Abdus Samad Associate Professor & Head Department of Arabic Language & Literature International Islamic University Chittagong, Dhaka Campus   MEMBER   Muhtaram Abdur Raquib Ex-Executive President Islami Bank Bangladesh Limited   MEMBER   Mufti Shamsuddin (Zia) Mufti, Muhaddis & Head Of Academic Affairs Al-Jameatul Islamiah Patiya, Chittagong   MEMBER   Dr. Hasan Mohd. Moinuddin Associate Professor Dept. of Islamic Studies Asian University, Uttara, Dhaka.   MEMBER   Dr. Md. Manzur-e-Elahi Associate Professor, Islamic Studies National University   MEMBER   Moulana Mohiuddin Rabbani Muhtamim, Jamia Islamia Markajul Ulum Cornopara, Savar, Dhaka. Khatib, Railway Jame Masjid, Fullbaria, Dhaka.