Membership Categories

Corporate Membership

Any company or entity established in the UAE or in MENA or elsewhere who are interested and share the SPA’s objectives.

I

01. Terms and Conditions:

  • A copy of the corporate's trade license
  • A copy of the identity proof of the authorized person in the corporate (valid)
  • Membership fees (annual) for corporate = free in the first year
  • An introduction to the member corporate
  • Articles of Association of the member corporate
  • Any other identification documents requested by the SPA's management
II

02. Benefits

• Obtaining a membership card.
• Inclusion of the name among the members of Sharia Professionals Association.
• Adding the logo of the member corporate on the SPA’s official website.
• Free subscription to everything issued by the SPA.
• A special discount for attending scientific events organized by SPA for registered individuals.
• Join SPA mailing list.
• The member corporate obtains a copy of the results and recommendations of the standards before adopting them, in order to view the points of view.
• The benefiting from all the booklets issued by SPA (scientific periodicals and magazines) in the field of Islamic banking.
• Giving priority to registered corporate to attend all SPA’s activities and events, such as annual meetings, seminars, workshops, training courses, and others.
• Ability to get acquainted with fellow professionals, specialists, experts, bodies and organizations in the field of Islamic banking and exchange ideas and information with them.
• Develop skills related to Islamic finance, learn about the new and useful in the field of the Islamic financial industry.
• Attend annual meetings.
• The member corporate has the right to vote with two votes only
.

III

03. Membership Termination

The corporate membership may be terminated any time through a decision of the Board of Directors in the following cases:
• Resignation.
• Cessation of legal status of the SPA.
• In the case of dissolved the legal entity of the member corporate.
• Dissolution of the legal entity of the Member corporate.
• Work in contradiction with the objectives, vision and mission of the association.
• Non-payment of fees due date after (one month) from the notification.
• If the Member Corporate declares his bankruptcy or ceased to pay his debts, even if it is not accompanied by declaring his bankruptcy.
• If the Member Corporate does not abide by his obligations, general principles of good faith, code of conduct, confidentiality and non-conflict of interest.
• Cancellation of membership is based on the recommendation of the Board of Directors.

IV

04. Registration process

  • Fill up the corporate membership registration form
  • Attach the required documents
  • Send via e-mail
  • Approval / rejection of membership
  • Pay after approval and send the payment receipt
  • Notification of membership acceptance and sending card and membership number