stc - kuwait telecom company · 2021. 1. 26. · to: the shareholders of viva-kuwait...

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  • Annual Report | 2017 19

    Annu

    al R

    epor

    t 201

    7THE SHARI’A REPORT

    For the period from 01/01/2017 to 31/12/2017

    To: The Shareholders of VIVA-Kuwait Telecommunications Company.

    Peace, mercy and blessings of Allah be upon you.

    According to the contract signed with us we at Fatwa and Shari’a Supervisory Board in Al Mashora and Al Raya have audited and supervised the principles adopted and the contracts related to the transactions concluded by the company during the period from 01/01/2017 to 31/12/2017. We have carried out the necessary supervision to give our opinion on whether or not the company has complied with the Islamic Shari’a rules and principles as well as the Fatwas, decisions and guidelines made by us.

    However, our liability is limited to the expression of independent opinion on the extent of the company compliance with same based on our audit.Our Supervision included examining the contracts and procedures used by the company on the basis of examining each type of operations.

    In our opinion, the contracts, operations and transactions concluded or used by the company during the period from 01/01/2017 to 31/12/2017 and which have been reviewed by us, were in compliance with the provisions and principles of the Islamic Shari’a. Moreover, the company has to draw the attention of its shareholders to the fact that they should pay their Zakat by themselves.

    We wish the company all success and prosperity in serving our religion and our country. Peace, mercy and blessings of Allah be upon you.

    Prof. Abdil Aziz K. Al-Qassar Dr. Essa Zaki Essa Dr. Ali Ibrahim Al-RashedChairman of the Sharia Committee Sharia Committee Member Sharia Committee Member