From Alhaqqsociety.org: Shariah supervision may be thought of as the single most important distinction between a conventional and a truly Islamic financial venture. For, while a business may attempt to represent itself as “Islamic,” unless it has qualified Shari`ah supervision, it has no way of certifying that its services, products, and operations are actually Shariah-compliant.
In the emerging Islamic financial sector, therefore, Shariah supervision is not a matter to be taken lightly………………………………….Full Article: Source