Sharia Governance
Guided by Sharia, in every decision.
An independent Sharia board reviews and certifies every Gobanimo Microfinance product. Nothing reaches a customer without passing the principles of ethical, asset-backed, interest-free finance.
Guiding Principles
The rules behind every facility.
Our products are structured to honour the letter and spirit of Islamic finance.
No Riba
Interest is prohibited
No interest, no fixed-return language, and no penalty interest anywhere in the product.
No Gharar
No excessive uncertainty
Terms, pricing, and obligations are clear and agreed transparently upfront.
No Maysir
No speculation
Financing is tied to real economic activity, never gambling or speculation.
Asset-backed
Real goods and trade
Murabaha and Ijara are anchored to genuine assets and productive use.
Profit-and-loss sharing
True partnership
Mudaraba shares real profit on an agreed ratio — risk is shared, not transferred.
Social purpose
Finance as a calling
Every facility serves dignity, livelihood, and the wellbeing of the community.
Certification Process
How a product earns approval.
Structure review
The board examines the contract structure and money flows.
Fatwa & certification
A formal ruling certifies the product as Sharia-compliant.
Operational checks
Compliance gates enforce the ruling in the live system.
Ongoing audit
Periodic Sharia audit confirms continued adherence.
The Board
Independent scholarly oversight.
Our board brings together Islamic finance scholarship and practitioner experience. Composition shown is illustrative pending public appointment.
Board Chair
Sharia Scholar
Chairs the board, leads product rulings, and signs certifications on behalf of the committee.
Scholar Member
Fiqh al-Muamalat
Reviews contract structures against classical and contemporary jurisprudence.
Advisor
Islamic Finance Practitioner
Bridges scholarly rulings with operational reality and product design.
Questions on our governance?
Request our Sharia evidence pack or speak with the compliance team.