The Islamic Banking Development Group manages the relationship between NCB business units, subsidiaries or affiliates, and the Shariah Board through its Shariah Compliance Department. The Shariah Compliance Department comprises two units: the Shariah Board Secretariat and the Shariah Audit Unit. The Shariah Board Secretariat provides Shariah research relevant to the product approval process and reviews product structures and all submissions to the Shariah Board. The Shariah Audit Unit conducts audits of approved products and services to ensure their ongoing implementation is according to the Shariah Board’s resolutions

The 2010 Shariah Board Audit Report for the NCB Group indicated that all agreements, Shariah contracts, and transactions conducted by NCB were compatible with the resolutions and Fatwas issued by the Shariah Board.
The second arm of the Islamic banking Development Group is the Islamic Product Development Department which provides support to the NCB business units in developing Islamic products and conducting its own Research and Development on Islamic products.

• NCB was the first bank in the region to develop:
• A Shariah standard for investing in equities
• A Shariah-compliant equity fund
• The Tawaroq process to facilitate cash finance needs
• A Shariah-compliant credit card
• An Islamic capital secured fund
• The first Islamic capital protected fund
• The first Islamic investment certificate listed on an international exchange (in association with Deutsche Bank)
• A Musharaka contract as a substitute for conventional overdrafts
• Islamic securitization
• A Murabaha fund to finance automobiles