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 The university board of trustees shall be composed of the following: 1. Four members with expertise in university education. 2. Three members from the private sector with expertise in finance, investment, and law. 3. University president. 4. Three faculty members nominated by the university council. The board’s chairman and vice chairman shall be from among the members mentioned in paragraphs (1) and (2) of this Article

Subject to the Law as well as the rules and regulations issued by the Council of University Affairs, the university board of trustees shall have the following powers:

1. Approve the university’s vision, mission, and objectives, and set its academic, financial, and administrative policies.
2. Approve the university’s organizational structure.
3. Assume governance of the university, and ensure realization of its vision, mission, and objectives.
4. Approve the implementation procedures for the university’s financial and administrative regulations.
5. Nominate university president.
6. Approve the appointment of university vice-presidents.
7. Recommend the approval of the establishment, merger, cancellation, or amendment of names of colleges, deanships, institutes, centers, and academic departments.
8. Approve the regulations governing the appointment of deans of colleges, deanships, institutes, and centers, and heads of departments.
9. Approve the regulations governing the support of research, innovation, authorship, translation, and publication
10. Approve the regulations governing the provision of consultation and academic services to the public and private sectors and civil society organizations. 
11. Approve the university’s annual budget.
12. Approve the university’s incorporation of companies or participation therein, or the joining of existing companies as partner or shareholder, in accordance with legal procedures.
13. Appoint one or more external auditors for university accounts.
14. Approve the university’s final accounts and submit the same to the Council of University Affairs.
15. Approve titles of academic degrees.
16. Award honorary doctorate degrees.
17. Form the university’s international advisory board, determine its powers, and set its work procedures.
18. Review the university’s annual report and submit it to the Council of University Affairs.
19. Review matters referred to it by its chairman or proposed by any of its members.

 The board may delegate certain powers to its chairman or any other councils in the university, and it may form standing or ad hoc committees from among its members or others to review matters it refers thereto.

 The university board of trustees shall meet at least once every three months during the academic year, or upon a call by its chairman when necessary. Board meetings shall be valid if attended by at least two thirds of its members, including its chairman or his deputy. Board decisions shall be passed by the majority vote of attending members; in case of a tie, the meeting chairman shall have the casting vote. Board decisions shall become effective 15 days from the date of issuance.

1. The board of trustees shall, in coordination with the university president, select a university employee to serve as the board’s secretary.
2. If the position of the chairman of the board of trustees, his deputy, or any board member becomes vacant, a replacement shall be appointed for the remainder of the term, in accordance with applicable procedures.