We have a Risk and Governance advisor, who has been leading a shariah audit periodically over the last 5 years since inception. Our business model has not fundamentally changed, therefore there has not been a requirement for a shariah panel as BAU activities remain the same. 

Should there be a change in the businesses operations or a new product made available this would go through the same governance and assessment as via the UKIFC. The reason challenger banks or other types of fintechs may require a shariah board is because of the complexity of their business models, our model is very simple and has remained consistent throughout.