Shariah Pronouncement

Approval of Shariah Supervisory Committee

The Shariah Supervisory Committee of City Bank has reviewed City Islamic Treasury and Risk Management Products and Services documentation, related contracts and process.

Therefore, We the “Shariah Supervisory Committee” for City Bank confirm that in our opinion the “City Islamic Treasury and Risk Management Products and Services” is in accordance with the principles of Islamic finance and hence we allow the bank to provide this product to its customer.

And Allah Knows Best.

 

_____________________

Dr. Md. Anwar Hosain Molla
Chairman

Shariah Supervisory Committee, City Bank
This certificate was signed on Tuesday 11^th May 2021