Bank Islam Integrated Annual Report 2020

SADAQA HOUSE INITIATIVE (CONTINUED) Based on the above, in our opinion: 1) The contracts, transactions and dealings entered into by the Bank, excluding the one (1) Shariah non-compliance incidence mentioned above, during the financial year ended 31 December 2020 that were reviewed are in compliance with the Shariah rules and principles; 2) The allocation of profit and charging of losses relating to Investment Account conformed to the basis that has been approved by us; 3) The computation, payment and distribution of business zakat are in compliance with the Shariah rules and principles; 4) All earnings that have been realised from sources or by means prohibited by the Shariah rules and principles were disposed to charitable causes and refunded to the deserving counterparties. On that note, we, members of Shariah Supervisory Council of Bank Islam Malaysia Berhad, do hereby confirm that, in our level best, the operations of the Bank for the year ended 31 December 2020 have been conducted in conformity with the Shariah rules and principles. We bear witness only to what we know, and we could not well guard against the unseen! (Surah Yusuf, verse:81) Allah knows best. Professor Dato’ Dr. Ahmad Hidayat Buang Ustaz Dr. Ahmad Shahbari@Sobri Salamon Assistant Professor Dr. Uzaimah Ibrahim Associate Professor Dr. Yasmin Hanani Mohd Safian Professor Dr. Asmadi Mohamed Naim Dr. Shamsiah Mohamad Kuala Lumpur, Date: 26 March 2021 184 Financ ial Statement s Accountabi l i t y Addi t ional Informat ion Report of the Shariah Supervisory Council