Scholars with wide knowledge and extensive experience in Shari'ah law, Islamic economics and finance make up MIB's Shari'ah Board. As an independent body, the Shari'ah Board ensures that MIB conducts its business and transactions in strict compliance with the principles and objectives of Islamic law.
The four esteemed Shari'ah scholars as appointed by the Board of Directors are:
- Sheikh Dr. Ejaz Ahmed Samadani (Chairman)
- Sheikh Mufti Mohammed Ibrahim Mohamed Rizwe
- Dr. Ibrahim Zakariyya Moosa