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Article (19) The Higher Shari’ah Authority

19.1The HSA shall establish the Shari’ah general rules, standards, and Shari’ah principles for the businesses and activities of Companies. It shall undertake supervision and oversight on the ISSCs and the Shari’ah controls of Companies.
19.2The HSA shall state its opinion regarding the regulations and standards issued by the Central Bank pertaining to the Companies’ activities.