MCC · Shariah governance

Shariah Committee Member

Gives independent, reasoned Shariah opinions on the bank's contracts, products and treasury activity. MCC tests judgement on structure, ownership and risk, and on when to dissent, abstain or ask for more.

عضو اللجنة الشرعية

MCC-SCM10 domainsMCC Online · pilotMCC Verified · planned

What MCC tests in this role

The exam covers ten domains, with ten cases in each: 100 cases of executive judgement, set in the fictional Al-Qimma Bank.

  1. Mandate, independence and accountability
  2. Sale-based contracts
  3. Leasing and partnership contracts
  4. Tawarruq and liquidity products
  5. Sukuk and capital markets
  6. Takaful and hybrid products
  7. Treasury and hedging
  8. Profit distribution and reserves
  9. Non-compliance, purification and zakat
  10. Fatwa method and digital products

Two levels

Pilot · by invitation

MCC Online

Take the exam online on a private form you have not seen. Pass and you get a public MCC Online badge for your role, valid for three years and ready for LinkedIn.

  • 100 cases · 240 minutes
  • Pass at 75 net points, at least 5 in every domain
  • Distinction at 90
Planned

MCC Verified

The same standard in a supervised sitting, after an identity check, with three timed written cases reviewed by an MTWAFIQ assessor. It opens when MTWAFIQ announces it.

  • Identity checked, ID not stored
  • Supervised: in person or live online
  • Assessor review of written cases

Ask about the MCC Online pilot: contact@mtwafiq.com.

No open practice for this role. The open MTWAFIQ Future Leaders game does not include Shariah governance cases at present. The MCC exam for this role is described above; ask about it at contact@mtwafiq.com.

More roles in Shariah governance

← MCC: all roles and the two levels · MTWAFIQ Future Leaders