The following statements describes the process of shariah audit EXCEPT

Select one:

A. It is a periodical independent assessment of the IFIs to ensure a sound and effective internal control system for shariah compliance to be conducted at least once a year

B. It will assess all aspects of IFIs business operations & activities including financial statement, organisational structure and adequacy of Shariah governance process

C. It focuses on release of new products and services by the IFIs commencing from product development to product offering

D. It must be conducted by (an) independent internal or external auditor(s) with adequate shariah related knowledge and training

E. It is a process to ensure that any activities carried out by the IFIs do not contravene shariah principles, particularly the ex-post aspects of shariah governance