‹ BC-B.7 Principle 7: Shari'a Compliance BC-B.7.2 › BC-B.7.1 An Islamic bank licensee must be able to demonstrate that its operations are governed by an effective system of Shari'a governance and that it conducts its business in a socially responsible manner. Added: July 2015 ‹ BC-B.7 Principle 7: Shari'a Compliance BC-B.7.2 ›