; and a mechanism for Shariah Audit System which inspects the Shariah compliance of all bank operations. Shariah Advisory Board has Shariah scholars but also industry representatives. •  Bahrain, Sudan and Syria have adopted Shariah standards issued by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and some others use them as guidelines.
Both the prudential regulation and Shariah inspection and supervision are integral elements of the check and balances to ensure products and transactions meet the test of authenticity and compliance with Shariah.