Shariaa Board

Sharia Board of the United Bank

The Sharia Supervisory board at the United Bank is a separate and an independent unit appointed by the board of directors. It consists of senior Muslim scholars who have in-depth experience and specialization in financial and banking matters.

The Sharia Supervisory board provides consultations in all banking transactions executed by the bank in order to ensure that all transactions are in compliance with Sharia rulings and fatwas.

The board is also responsible for reviewing, approving and supervising all contracts, agreements and products provided by the bank. submit innovative and Islamic banking solutions.

The Sharia Board has two executive wings the first is the Islamic Economy Center:  conducts research, training on Islamic banking, supports the Sharia decision, and link between sectors of the bank and the Sharia Board. second wing: The Sharia audit concerned with reviewing the implementation of the departments and branches of the Board’s decisions and fatwas.

Sharia Board Members

H.E. Sheikh Dr. Ali Goma  

Chairman of the Sharia Board - The former Grand Mufti of Egypt and a Senior Scholars Council Member.

H.E. Sheikh Dr. Magdy Ashour

Vice Chairman of the Sharia Board - The Academic Advisor to the Grand Mufti of Egypt.

H.E. Sheikh Dr. Amr Al-Wardani 

A Sharia Member - The Secretary of the Fatwa Council at the Egyptian Dar Al- Ifta.

Mr. Alaa El Safty 

 A Sharia member - The Head of Islamic research center at the United Bank of Egypt

Mr. Hazem Hassan 

A Banking Member - Head of Islamic Corporate Banking.

Mr. Mohamed Zakria 

Secretary of the Board - Deputy Director of the Islamic Economic Center.