Tayyib checkPrimary roles
Guardians of Shariah compliance
Ensure every product, contract, process, and technology certified by IDCC is 100% free of riba, gharar, maysir, and all other prohibited elements.
Issuance of binding fatwas and certifications
Review, discuss, and approve or reject all applications; issue signed fatwas and Shariah certificates that are binding on IDCC and the certified entity.
Protection of the Ummah's wealth
Give priority to real ownership (milk al-'ayn), physical delivery or constructive possession (qabd hukmi), and total segregation of gold, silver, and digital assets.
Specific responsibilities
Pre-certification duties
Personally study all legal, operational, and technical documents of every applicant.
Participate in, or appoint representatives for, mandatory on-site vault inspections and live smart-contract demonstrations.
Review independent physical audit reports (gold and silver) and third-party code audits (digital assets).
Deliberate in formal meetings and vote on every certification, minimum 3 scholars per product.
Ongoing supervision duties
Review quarterly compliance reports submitted by certified entities.
Conduct or delegate unannounced spot checks, physical vaults or server locations.
Immediately suspend or revoke certification if any breach is discovered.
Product development and research
Provide proactive Shariah guidance when applicants want to develop new gold, silver or digital Islamic products.
Continuously research emerging technologies, such as tokenisation, blockchain and stablecoins backed by physical metals, to determine their permissibility.
Training and public awareness
Train IDCC staff and auditors on Shariah red lines.
Issue public educational statements, position papers, and annual reports on the state of Shariah-compliant precious metals and digital assets.
Internal governance duties
Approve or amend the Shariah Governance Framework and Standard Operating Procedures.
Declare conflicts of interest and recuse themselves when necessary.
Maintain complete independence from commercial pressure.
Accountability
Every scholar signs every fatwa and certificate personally, and electronic signatures are acceptable if verifiable.
The Board as a whole is accountable to Allah Ta'ālā and to the Muslim Ummah for the correctness and sincerity of its pronouncements.
ACCOUNTABILITY
Every scholar signs every fatwa and certificate personally, and electronic signatures are acceptable if verifiable. The Board as a whole is accountable to Allah Ta'ālā and to the Muslim Ummah for the correctness and sincerity of its pronouncements.