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stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications

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Page 1: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 2: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 3: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 4: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 5: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 6: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 7: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 8: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 9: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 10: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
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Page 14: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
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Page 16: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 17: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 18: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 19: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications
Page 20: stc - Kuwait Telecom CompanyAnnual Report | 2017 19 Annual Report 2017 THE SHARI’A REPORT For the period from 01/01/2017 to 31/12/2017 To: The Shareholders of VIVA-Kuwait Telecommunications

Annual Report | 2017 19

Annu

al R

epor

t 201

7THE SHARI’A REPORT

For the period from 01/01/2017 to 31/12/2017

To: The Shareholders of VIVA-Kuwait Telecommunications Company.

Peace, mercy and blessings of Allah be upon you.

According to the contract signed with us we at Fatwa and Shari’a Supervisory Board in Al Mashora and Al Raya have audited and supervised the principles adopted and the contracts related to the transactions concluded by the company during the period from 01/01/2017 to 31/12/2017. We have carried out the necessary supervision to give our opinion on whether or not the company has complied with the Islamic Shari’a rules and principles as well as the Fatwas, decisions and guidelines made by us.

However, our liability is limited to the expression of independent opinion on the extent of the company compliance with same based on our audit.Our Supervision included examining the contracts and procedures used by the company on the basis of examining each type of operations.

In our opinion, the contracts, operations and transactions concluded or used by the company during the period from 01/01/2017 to 31/12/2017 and which have been reviewed by us, were in compliance with the provisions and principles of the Islamic Shari’a. Moreover, the company has to draw the attention of its shareholders to the fact that they should pay their Zakat by themselves.

We wish the company all success and prosperity in serving our religion and our country. Peace, mercy and blessings of Allah be upon you.

Prof. Abdil Aziz K. Al-Qassar Dr. Essa Zaki Essa Dr. Ali Ibrahim Al-RashedChairman of the Sharia Committee Sharia Committee Member Sharia Committee Member

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