Shariah governance

Shariah Compliance Certificate

The Halcore Shariah Supervisory Board has reviewed Toyyib’s stock screening methodology and certified that it complies with the Shariah and conforms with AAOIFI standards.

ReferenceHC-SSB-CERT-001Issued9 October 2026Valid forOne year from the date of issue
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Shariah Compliance Certificate HC-SSB-CERT-001, issued on 9 October 2026 by the Halcore Shariah Supervisory Board. It certifies that Toyyib’s stock screening methodology complies with the Shariah and conforms with AAOIFI standards. Signed by Ibraheem Ahmad, Chairman, and Dr. Lukman Seriki, Member.
Certificate HC-SSB-CERT-001, issued 9 October 2026.

What this certificate covers

The certificate covers Toyyib’s screening methodology: the rules every stock is assessed against. It is not a ruling on any individual stock.