The Board Social & Sustainable Finance Committee leads the Al Baraka Social & Sustainable Finance Program. It oversees the formulation of policies and strategies by the Executive Management, intended to make ABG and its subsidiaries a model international Islamic financial group offering banking and financial services in a sustainable and socially responsible manner and in conformity with the objectives of Shari’a.
The Committee aims to adhere to the spirit of Islamic finance that identifies Social & Sustainable Finance as a principal feature of Islamic banking and finance. The Committee demonstrates its commitment to the spirit of Social & Sustainable Finance inherent in Islamic finance by setting various quarterly and annual targets for the Executive Management.
All minutes and reports of meetings of the Committee are disseminated to all members of the Board of Directors.