What is the meaning of a Shura Board?

Answer

A 'shura board' is a fraudulent racket constituted primarily by the riba banks. These boards are staffed by mercenary molvies and sheikhs who are paid lucrative haraam 'salaries' from riba funds to churn out 'halaal' financial products for the haraam riba capitalist banks. The banks pay more 'fatwas' of jawaaz (permissibility). There is nothing in the Shariah known as a Shura Board. Any group of persons nowadays call themselves 'shura board'. It has no Shar'i significance.