This policy also ensures full time availability of these advisors to guide and monitor the banks on daily basis. Investment policy to comply with Shariah criteria. An IFI can not invest, whether through financing or share purchase, in the companies which are engaged in non-halal businesses.
The IAIS has advanced the effort to tackle these problems with an active and comprehensive program of outreach: by extending the length of public consultations whenever possible; by expanding participation of new stakeholders in public events; by organizing subject matter specific workshops on emerging risks; by expanding efforts to seek input from consumer groups; and, by reaching out to academics with more roundtable discussions with investors and rating agencies.