Section 11

The Board shall be wholly responsible to the Majlis and shall, for the purpose of implementing these Rules -

(a} review proposals to source the Fund;

40

{b) review budget proposals of the Fund;

{c) review project proposals of the Fund;

{d) verify the project payment claim in respect of the Fund;

{e) review, verify and submit to the Majlis any amount of payment required for any matter in respect of the Fund;

{f)

revise and submit a full report on all proceedings of the Fund to the Majlis;

{g) subject to the approval of the Majlis, and on behalf of the Majlis, purchase, sell, transfer, dispose, charge or mortgage any asset if the Board considers it is for the interest of the Fund;

{h) give any direction to the Secretariat for the purpose of implementing the proceedings of the Fund; and

{i)

subject to the approval of the Majlis, implement other lawful matters in accordance with Hukum Syara' and the laws for the interest of the Fund.