Established under the High Shari’ah Supervisory Authority Regulation, the HSSA is responsible for advising the Central Bank of Oman on Shari’ah issues related to Islamic banking business, issuing opinions on the Shari’ah compliance of transactions between the Central Bank and licensees, and resolving Fiqh disputes between Shari’ah Supervisory Boards (SSBs) of licensees through binding resolutions.
The HSSA enjoys full independence in discharging its mandate.
The HSSA consists of five members and is supported by a dedicated Secretariat within the Islamic Banks Department.
Read:
Regulation on Establishing and Organizing the High Shari'ah Supervisory Authority
Member of the HSSA is provided below:
|
| Chairman |
Shaikh Dr. Kahlan Nabhan al Kharousi
|
| Deputy Chairman |
Shaikh Dr. Abdullatif Mahmoud al Mahmoud
|
| Members |
Dr. Said Bouheraoua
Mr. Ahmad Suhaimi Yahya
Dr. Yaqoob Al Waeli |
| Secretariat |
Secretary HSSA, Sulaiman Humaid Al Harthy |
Fatwas and Shari'ah Opinions:
The HSSA issues Fatwas and formal Shari'ah opinions on matters related to Islamic banking and finance in Oman. These pronouncements serve as authoritative references for the CBO and licensed Islamic financial institutions, and are binding in nature where applicable.