Shariah Compliance
Objective
- To comply with Shariah standards in our primary business operations.
- Spearhead and apply Shariah regulations in the operations of the affiliate marketing platform.
- Integration of Shariah Compliance business practices by Shariah experts and industry practitioners.
- Facilitation and development of well-rounded affiliate entrepreneurs in the affiliate marketing platform.
- Meeting the market needs while being inline and guided by Shariah principles.
- Enrich resources of knowledge in Islamic perspectives.
- Propagate harmonisation and mutual respect in Islamic practices.
- Provide avenues for the development of Shariah practices.
Vision
To become a fully integrated Shariah Compliance affiliate marketing network and solutions provider as well as ensuring the best levels of service standards and convenience to customers.
Mission
To provide our stakeholders with flexible and convenient Shariah Compliance marketing solutions.
Shariah Guidelines
Below are several reputable sources we refer to as guidelines in ensuring we meet the Shariah Compliance requirements:
The Department of Standards Malaysia
The Department of Standards Malaysia (STANDARDS MALAYSIA) is the national standards and accreditation body of Malaysia. STANDARDS MALAYSIA has appointed SIRIM Berhad as the agent to develop, distribute and sell Malaysian Standards.
SIRIM is a premier industrial research and technology organisation in Malaysia. It is a wholly-owned company of the Malaysian Government under the Ministry of International Trade and Industry (MITI).
Securities Commission Malaysia
Established on 1 March 1993 under the Securities Commission Act 1993, SC is a self-funding statutory body with investigative and enforcement powers. It reports to the Minister of Finance and its accounts are tabled in Parliament annually.
JAKIM is a government authority in Malaysia that strives for leadership excellence in the country’s Islamic affairs management.
Frequently Asked Questions
Shariah Compliance means ensuring that the organisation is effectively managed in accordance with universally accepted values like discipline, honesty, justice, sincerity, timeliness and truthfulness. The halal and non-halal aspects of all processes vital for the delivery of services and products must also be identified and communicated to all employees as well as implemented effectively.
- Ensure that the universal values of justice, honesty, truthfulness, sincerity, timeliness and discipline are integrated into your quality management practices.
- Place greater emphasis on ethical standards in business processes.
- Receive independent assurance that your organization’s processes and practices are in accordance with Shariah principles.
Your business activities will continue as per usual. Further to that, affiliates are now given the option to only opt to promote and earn commissions from Shariah Compliance advertisers only.
The Shariah certification body, SIRIM QAS International, has diligently conducted the audit of every business process in Affiliate Junction’s agency program and the retail affiliate program, MyKad Smart Shopper, including on the ‘Halal Filtering System’ mechanism to ensure we meet the high standard of Shariah Compliance requirements. As a result, I Synergy Group Limited is now certified Shariah-compliant for the aforementioned scope. Thus, be rest assured that your income from Affiliate Junction’s agency program and MyKad Smart Shopper is 100% halal.
Yes, absolutely. There is no such restriction that will be imposed on any non-Muslims parties.
iSYNERGY officially received its Shariah-Compliant certificate on 12 January 2018.
The certificate that iSYNERGY received is SIRIM QAS MS 1900:2014 Shariah-based Quality Management Systems.
SIRIM is the first certification body in the world to offer MS 1900 certification. MS 1900 certification services are supervised by the Shariah Advisory Council (SAC) which is made up of eminent religious scholars thus ensuring credibility. Their highly experienced and professional auditors are competent in a wide range of sectors.
- Submission of Questionnaire
- Submission of Application
- Stage 1 Audit
- Stage 2 Audit
- Recommendation & Approval
- Issuance of Certificate
- Surveillance Audit/Recertification
iSYNERGY must ensure that they are continuously improving their business operations and values in accordance to Shariah principles, which will be ascertained by SIRIM QAS through annual Shariah audit (or as required).
You may call our customer service department at +603 2242 1333 or email us at shariah@www.i-synergygroup.com