Article 11
| No: M/36 | Date(g): 26/11/2020 | Date(h): 11/4/1442 | Status: In-Force |
| 1. | The Board shall convene every three months upon the call of its Chairman (1); it may also convene whenever necessary upon the call of its Chairman or at the request of at least three members. |
| 2. | A Board meeting shall only be valid if attended by the majority of its members, provided the Chairman or Vice-Chairman (2) is present. |
| 3. | Board decisions shall be passed by majority vote of attending members. In case of a tie, the chairman of the meeting shall have the casting vote. Voting may be carried out electronically. |
| 4. | The Board may invite experts and specialists from among Bank staff or others to attend its meetings in a non-voting capacity to provide advice, data, or clarifications as requested by the Board. |
| 5. | The Board shall appoint a secretary from among Bank staff, and shall determine his duties, remuneration, and term of appointment. |
| 6. | Board decisions and meeting minutes shall be recorded and shall be signed by the chairman of the meeting, attending members, and the secretary. |
(1) The phrase (or his deputy) was deleted from Paragraph (1) of Article (11) pursuant to Clause (Third) of Council of Ministers Resolution No. 412 dated 7/28/1443 AH.
(2) The phrase (or Vice-Chairman) was added pursuant to Clause (Fourth) of Council of Ministers Resolution No. 412 dated 7/28/1443 AH