Employees Provident Fund Act 1991 · Updated to 1 Oct 2025 · Part II · The Board and the Investment Panel
23B. Functions of Shariah Advisory Committee
Feedback & supportThe Shariah Advisory Committee shall have the following functions:
to ascertain the application of Shariah principles on any matter relating to the accounts of the members of the
Fund whose elections under section 43A have come into effect;
to advise the Board and the Investment Panel on any matter relating to Shariah and the application of Shariah principles on any matter relating to the accounts of the members of the Fund whose elections under section 43A have come into effect;
Board
“Board” means the Employees Provident Fund Board established under section 3;
such other functions as may be prescribed by the Board.
prescribed by the Board
“prescribed by the Board” means prescribed by rules made under this Act;
Appointment of members of Shariah Advisory Committee