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4/3/1. Formation of Committees

No: 381000003528 Date(g): 10/10/2016 | Date(h): 9/1/1438

Translated Document

1. The Executive Committee shall form permanent and temporary sub-committees as needed.

2. The Executive Committee must, at a minimum, establish permanent sub-committees to address the following topics:

  • Matters related to real estate financing.
  • Matters related to leasing financing.
  • Matters related to awareness and media.
  • Matters related to risk management.
  • Matters related to compliance, anti-money laundering, and counter-terrorism financing.
  • Matters related to financial issues.
  • Matters related to the protection of customers.

3. Each sub-committee is composed of a Chairperson and a Vice-Chairperson, who are elected by the Executive Committee members every two years.

4. Each sub-committee also includes a Secretary and a Deputy Secretary.