Summary Report "Shariah Scholars in the GCC"
Funds at Work, a strategy consultant for the fund industry, analysed the Shariah scholars' engagement in financial service organisations in the GCC countries covering 131 companies with 498 Sharia Board positions and 121 scholars from 19 different countries.
The study shows that the Top 10 scholars (15 or more positions) share 253 positions leading to 25.3 positions per scholar. The numbers indicate taht about 54.18 % of all Sharia Board positions throughout the GCC are shared by only 11 of the active scholars if board positions of the Top 10 are summed up.
The detailed summary of the study is free for download.
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