Sharia Supervisory Committee
The members of our Sharia Supervisory Committee are:
Sheikh Dr Abdul Sattar Abu Ghuddah
(Chairman of the Sharia Supervisory Committee)
Sheikh Dr Abdul Sattar Abu Ghuddah is one of the world’s leading scholars in the field of Islamic finance. He holds a PhD in Islamic Law from Al Azhar University, Cairo, Egypt.
Dr. Abdul Sattar has taught at various institutes, including the Imam Al Da'awa Institute in Riyadh, the Religious Institute in Kuwait and the Sharia College and Law faculty at Kuwait University. He is the Secretary General of the Unified Sharia Supervisory Board of Dallah Albaraka Group in Jeddah, a member of the Islamic Fiqh Council in Jeddah and a member of the AAOIFI Sharia Board.
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Sheikh Nizam Muhammed Saleh Yaqoobi
Sheikh Nizam is a member of a number of Sharia Supervisory Boards including the Dow Jones Islamic Index, Bahrain Islamic Bank and the Citi Islamic Investment Bank. He is also a member of the AAOIFI Sharia board and has been a visiting lecturer at Harvard University.
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Mufti Abdul Qadir Barkatulla
Mufti Barkatulla is a prominent Sharia scholar with a strong background in economics and finance. He is a member of the Sharia Supervisory Committees of several Islamic financial institutions including United National Bank, Alburaq of Arab Banking Corporation London and Lloyds TSB. He is also a member of the Islamic Sharia Council.
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Samir Alamad
Sharia Compliance Officer (internal)
Samir is a member of the Accounting and Auditing Organisation for Islamic Financial Institutions and is Certified Sharia Advisor and Auditor. He advises the Bank as an internal representative of the Bank’s Sharia Supervisory Committee (SSC), and undertakes regular Sharia compliance audit and monitoring of the Bank’s operations.
He obtained an MA degree in Islamic Banking Finance and Management from Loughborough University and holds a Post-Graduate Diploma and BA in Islamic Studies from leading universities in Damascus.
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Previous Sharia Supervisory Committee members:
Sheikh Muhammad Taqi Usmani
(Retired from the Committee. His advice, guidance and contribution to the development of the Bank has been invaluable and greatly appreciated.)
Sheikh Muhammad Taqi Usmani was a member of the Sharia Cassation Board at the Supreme Court in Pakistan from 1982 - 2002; has been Vice President of Dar Al Uloom University, Karachi since 1974; Chairman of Islamic Economy Centre in Pakistan; Chairman of Sharia Board of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) and sits on a number of Sharia boards of other institutions.