Islamic Finance House Company is committed to ensuring that its policies and practices reflect the highest levels of corporate governance. We have established a comprehensive framework of policies and systems that ensures full accountability to our shareholders and other stakeholders, including the Company’s customers, employees, and the broader community.
The Company is directed by the Board of Directors, which has overall responsibility for the operations and financial soundness of the Company. The Board defines the Company’s strategic goals and exercises control over executive management of the Company. The Board consists of eight members .
To increase efficiency and speed-up decision making, the Board has formed four committees: Executive Committee, Nominations and Remuneration Committee, Audit and Compliance Committee, and
AL- Shariah Supervisory Committee.
The Board of Directors and the Company’s executive management are further responsible for developing and monitoring an internal control system, which ensures the accuracy and integrity of financial statements, as well as compliance with applicable laws, regulations, and instructions.