Sharia Governance
Guided by Sharia, in every decision.
Gobanimo Microfinance is pre-launch. We are appointing an independent Sharia supervisory board, and no product will reach a customer until that board has reviewed and certified it against 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.
No scholars have been appointed yet. The roles below describe the board we are recruiting — they are not current appointments, and no person is represented here. We will publish each scholar's name and credentials once appointment letters are signed.
Board Chair — to be appointed
Sharia Scholar
Will chair the board, lead product rulings, and sign certifications on behalf of the committee.
Scholar Member — to be appointed
Fiqh al-Muamalat
Will review contract structures against classical and contemporary jurisprudence.
Advisor — to be appointed
Islamic Finance Practitioner
Will bridge scholarly rulings with operational reality and product design.
Questions on our governance?
Request our Sharia evidence pack or speak with the compliance team.