Mudarabah Compliance

AAOIFI SS-13 • Qatar (QCB + QFCRA)

Phase 2: Requirements

Requirement Categories

Controls
88%passing
7/8 controls
1 hard gate
Evidence
75%complete
6/8 collected • 2 pending
Next: 3d
Risks
42/ 100
15 active • 1 critical • 4 high
1
Critical
4
High
Issues
1finding
0 critical • 1 high
1
High
Audit
Not scheduled

No audit scheduled

Shariah
✓ Compliant
Approved
Board approval status
Prohibited revenue2.3% ✓
Obligations
21/ 23
91% compliant • 2 pending
AAOIFI SS-13
QCB
QFCRA

Capital Verification

1/1 controls OK

Verify capital clarity, delivery, and valuation (AAOIFI SS-13 §7)

Capital Clarity & Delivery

Verify that capital is clearly defined in amount, currency, and type, and has been delivered to the Mudarib

Section 7/2, 7/4
one-time

Profit-Sharing Compliance

1/2 controls OK

Ensure profit ratios and distribution rules (AAOIFI SS-13 §8)

Profit Ratio Verification

Verify that profit-sharing ratios are expressed as percentages (not fixed amounts) and agreed upon at contract inception

Section 8/1
one-time

Capital Maintenance Gate

HARD GATE

HARD GATE: Verify capital is intact before profit distribution. If capital impaired (assets < original capital), profit distribution is BLOCKED until capital restored.

Section 8/7
quarterly

Mudarib Conduct Monitoring

3/3 controls OK

Monitor Mudarib actions against prohibited activities (AAOIFI SS-13 §9)

Liability & Trust Assessment

1/1 controls OK

Assess Mudarib liability and trust obligations (AAOIFI SS-13 §4, §6)

Termination & Liquidation

1/1 controls OK

Manage contract termination and final valuation (AAOIFI SS-13 §10)

Audit Timeline

No audit scheduled. Contact your auditor to enter a date.

NowJanMarMayJulSep

Hard Gates

These controls BLOCK workflow progression if they fail

Capital Maintenance Gate

Section 8/7

Configuration

Qatar (QCB + QFCRA)
Mudarabah (Profit-Sharing)
AAOIFI SS-13
Green Sukuk

Key Insights

Contract-Specific

Controls from AAOIFI SS-13 Mudarabah

Hard Gates

Capital Maintenance blocks profit distribution

AI Assistant

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