GOVERNANCE
Shariah-first isn't a feature. It's the architecture.
HOW THE SYSTEM ENFORCES THE STANDARD
Three mechanics, shown through Murabaha.
- STEP 01SS-8
Sequence enforcement
The system will not generate a sale contract before the bank's ownership step is recorded.
- STEP 02FAS 28
Disclosed cost and profit
Cost and profit are disclosed on every contract document — the FAS 28 presentation.
- STEP 03CHARITY
Late-payment routing
Late-payment amounts are routed to a charity account, never to income.
STANDARDS WE BUILD AGAINST
What we build against — and where authority rests.
| Standard | What it governs |
|---|---|
| AAOIFI Shariah Standard No. 8 (Murabaha) | Contract sequence, disclosure, ownership |
| AAOIFI FAS 28 | Accounting & presentation |
| Your Shariah Supervisory Board | Final authority on every product configuration |
MaalOS enforces the mechanics a standard requires — sequences, disclosures, calculations, and records. Rulings belong to your Shariah Supervisory Board. We build the system so that what your board approves is what the system does — and what the system does is what your auditors see.
FOR YOUR BOARD
A one-pager for your review.
AAOIFI SS-8 mapping — request the document.
Walk your board through the mechanics.
We'll show your Shariah Supervisory Board exactly how the system enforces each standard — on a live system.