The Shari'ah Supervisory Committee of Islami Bank Bangladesh PLC (IBBPLC) plays a crucial role in formulating policies to ensure strict adherence to Shari'ah principles in all activities of the bank, particularly in investment portfolios. Comprising 5 members, including prominent Ulama with expertise in Fiqhul Muamalat, the Committee operates in accordance with the Islamic Banking Guidelines issued by Bangladesh Bank. Established under Clause No. 123 of the Bank’s Memorandum and Articles of Association, the Committee is dedicated to fulfilling the bank's commitment to operate in compliance with Islamic Shari'ah.

The Shari'ah Supervisory Committee provides guidance and opinions on all operational manuals, products, and contracts before their introduction. It also oversees Shari'ah audit and inspection activities to assess the level of Shari'ah compliance in the bank's operations.