SHARI'AH ADVISOR and CO-ORDINATORS (Shariah Advisor)
This is the most integral department of any Islamic bank as it is responsible for giving approval for the launch of any new product, scheme or structuring/participating in any transaction in terms of it being in the scope and parameters of Islamic Principles. The Shari'ah Advisors consist of eminent Islamic economic and financial scholars. The Shari'ah Advisors will advise the management company on matters relating to Shari'ah Compliance and recommend general investment guidelines, consistent with the Shari'ah. Any verdict issued by the Shari'ah Advisors in relation to any Shari'ah related matter would be final and acceptable by the Trustee, the management company and other parties related with the matter.
Our Shari'ah Advisor:
• Professor Mufti Muneeb ur Rehman
Our Shariah Co-ordinator:
• Mufti Syed Sabir Hussain
Proffessor Mufti Muneeb ur Rehman
Professor Rehman is a well known and renowned person in the field of Islamic Fiiqah and Shari'ah all over the world. He has vast experience in teaching of various subjects on Islam and giving Fatwa for thirty years. He has also written books on Islamic Ideology and concepts. Currently he holds the following positions at national level.
• Principal, Darul- Uloom Naeemia, Karachi
• Chairman, Central Royat e Hilal Committee, Pakistan
• President, Tanzeem ul Madaris, Pakistan
• Professor, Jinnah university for Women, Karachi
• Ex Director of Islamic Studies
• Member Federal Government Urdu University
• Member Board of Intermediate Education, Karachi
He has also written books on the following:
• Tahfeem ul Masail (3 Volumes)
• Qanoon e Shariat (for LLB course)
• Usool e Fiqah Islam (for LLB course)
• Tahfat un Nisa
• Islamiat (for Graduation course)
• Islamiat (for Intermediate)
• Taqabul-e-Ady and
• Regular weekly column for religious Q & A's in Daily Express Karachi
Mufti Syed Sabir Hussain
Mr. Hussain is an M. Phil and is writing his Thesis on Shari'ah Board Stock Exchange Trading. He has completed hid PGD in Islamic Banking and Insurance and Insurance System from London and MS from Hamdard University Karachi. He has over five years of teaching experience at Dar ul Uloom Amjadia as Head of Department of Islamic Finance and Economics where he delivers Fatwas specifically in the field of Islamic Economics and Banking and Islamic Inheritance law.
He has completed his religious qualifications from the following institutions:
• Hafiz e Quran from Madrassa Sa-ada—ul- Uloom, Gujranwalla
• Masters in Islamic Studies from Karachi University
• Dora e Hadith from Darul – Uloom Amjadia
• Addarajat ul Amma from Tanzim ul Madaris
• Addarajat ul Khassa from Tanzim ul Madaris
He has written books and articles on the following:
• Islamic Inheritance law and its implementation in Takaful
• Islamic Economics and Banking Terminologies
• Introduction to Islamic Products and their uses
• The Economic System of Hazrat Umer- Article
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