---
title: "What is Central Shariah board? | IslamicOpenFinance™"
description: "A national or regulator-level Shariah authority whose rulings set or harmonise Shariah positions across a jurisdiction."
url: https://islamicopenfinance.com/glossary/central-shariah-board/
lang: en-GB
source: "IslamicOpenFinance"
---

[Glossary](https://islamicopenfinance.com/glossary/) / [Shariah governance](https://islamicopenfinance.com/glossary/#governance)

Shariah governance

# Central Shariah board

A national or regulator-level Shariah authority whose rulings set or harmonise Shariah positions across a jurisdiction.

A central Shariah board is a Shariah authority established at national level, often within or alongside the central bank or financial regulator, to issue rulings that apply across a jurisdiction's Islamic financial sector. Its role ranges from advisory to binding, as with Bank Negara Malaysia's Shariah Advisory Council, whose rulings are binding on courts and institutions under Malaysian law. AAOIFI has a governance standard on central Shariah boards.

## Sources

- [AAOIFI, Governance Standards (issued standards list): GS 8 Central Shari'ah Board](https://aaoifi.com/issued-standards-2/?lang=en)

This entry explains a term; it is not a Shariah ruling. Approving a product is for each institution's own Shariah board and regulator.

## Related terms

[**Shariah supervisory board** An independent panel of Shariah scholars that approves an institution's products and oversees its Shariah compliance.](https://islamicopenfinance.com/glossary/shariah-board/) [**Fatwa** A juristic opinion on a Shariah question; in finance, usually a Shariah board's ruling on a product or transaction.](https://islamicopenfinance.com/glossary/fatwa/) [**Shariah governance system** The institutional arrangements through which an institution ensures independent oversight of its Shariah compliance.](https://islamicopenfinance.com/glossary/shariah-governance-system/)

**Shariah governance**

1. [Shariah supervisory board](https://islamicopenfinance.com/glossary/shariah-board/)
2. [Fatwa](https://islamicopenfinance.com/glossary/fatwa/)
3. [Shariah governance system](https://islamicopenfinance.com/glossary/shariah-governance-system/)
4. [Shariah review](https://islamicopenfinance.com/glossary/shariah-review/)
5. [Shariah audit](https://islamicopenfinance.com/glossary/shariah-audit/)
6. [Shariah non-compliance risk](https://islamicopenfinance.com/glossary/shariah-non-compliance-risk/)
7. [Purification of income](https://islamicopenfinance.com/glossary/purification/)
8. [Shariah compliance function](https://islamicopenfinance.com/glossary/shariah-compliance-function/)

[All 221 terms](https://islamicopenfinance.com/glossary/)
