Sharia Supervisory Board

The current Sharia Board members for IB Capital are

Sheikh Al Manee’a is a prominent, highly-respected Sharia scholar.

Sheikh Al Manee’a is a member of the Ithmaar Bank and the Ithmaar Holding Sharia Supervisory Boards.

He is a member of the Senior Sharia Board in the Kingdom of Saudi Arabia and a consultant in the Royal Court. He is a member in the Sharia Board of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI). He is also Chairman or a member of the Sharia Supervisory Boards of several other Islamic banks and financial institutions. An expert at the Islamic Fiqh Academy, Sheikh Al Manee’a holds a Master’s degree from the Higher Institute for Judgment in Saudi Arabia, and has authored several books including ‘Paper Money: Truth, History and Reality’, ‘Economic Research’ ‘A window on the community’ and others.

Sheikh Yaqouby is a prominent, highly-respected Islamic Sharia scholar and a successful businessman from the Kingdom of Bahrain.

Sheikh Yaqouby is a member of the Ithmaar Bank and the Ithmaar Holding Sharia Supervisory Boards.

He is a member of the Sharia Board of the AAOIFI, a member of the Sharia Advisory Board of the Central Bank of Bahrain (CBB) and Chairman or a member of the Sharia Supervisory Boards of several banks, Islamic financial institutions, investment funds and international banks in the GCC region, Arab countries and around the world.

In 2007, the King of Bahrain, His Majesty King Hamad bin Isa Al Khalifa, awarded Sheikh Yaqouby the Order Merit in recognition of his services in Bahrain and abroad. Sheikh Yaqouby has also received the Euromoney award for Innovation in Sharia Supervision, as well as the Malaysian Islamic Banking award and other awards.

Sheikh Yaqouby holds many academic, appreciation and honorary degrees. He has authored a large number of books.

Sheikh Yaqouby holds many academic, appreciation and honorary degrees. He has authored a large number of books.

Sheikh Al-Asfoor is a well-known and highly respected Sharia scholar in the Kingdom of Bahrain.

Sheikh Al-Asfoor is a member of the Ithmaar Bank and the Ithmaar Holding Sharia Supervisory Boards.

He is also a member in the Sharia Advisory Board of the CBB and several Sharia Supervisory Boards in the Kingdom of Bahrain and abroad. He has previously been a judge at the Supreme Sharia Court of Appeal (Jaafari).

Sheikh Al-Asfoor is the Head of the Jaafari Endowments and is a member of the Curriculum Development at the Jaafari Religious Institute as well as the Sharia Board of the International Islamic Rating Agency of the Islamic Development Bank. He is a graduate of Islamic Hawza from Qom, Iran, and has authored more than 60 books on Islamic Sharia.

Sheikh Bahar is a well-known, highly-respected Sharia scholar from the Kingdom of Bahrain.

Sheikh Bahar is a member of the Ithmaar Bank and the IB Capital Sharia Supervisory Boards.

He is currently a member of the Sharia Board at First Energy Bank. He is also a member of the Sharia Supervisory Boards of several other Islamic banks and financial institutions, funds and investment portfolios in Bahrain and abroad.

Sheikh Bahar holds a Master’s degree from Allmam Ouzai University in Lebanon, and a Bachelor’s degree in Islamic Sharia from Prince Abdul Qader Al Jaazaeri University of Islamic Studies in Algeria.

Sheikh Bahar has authored several books in Islamic banking as well as society affairs. He has participated in and conducted several radio interviews and written newspaper columns.