Bank Muscat announced the formation of new Shari'a Supervisory Board for a term of three years starting from January 2019, approved by the Central Bank of Oman and subject to Annual General Meeting approval. The composition of new Sharia Board is as follows. Sheikh Prof. Ali Qaradaghi as Board Chairman, Sheikh Essam Muhammad Ishaq as Voting Member and Sheikh Dr. Majid Mohammed Al Kindi as Voting Member of the bank. The bank informed the market that is has appointed two invitees to the SSB, approved by the Central Bank of Oman and subject to approval of AGM. The following are the two invitees. Sheikh Irshad Ahmed Aijaz and Sheikh Waleed Sulaiman Al Quri as Invitees.