Our Internal Sharia Supervision Committee - ISSC is comprised of leading Islamic scholars who have extensive experience and expertise in legal, financial and banking - related matters.
The committee is responsible for reviewing, approving, and overseeing all of our product offerings, and is empowered to issue rulings in strict adherence to the principles of Sharia. Our ISSC relies on the following renowned Islamic scholars:
Our Management Team consists of industry experts bringing us years of unparalleled expertise and Sharia knowledge.
Sheikh Dr. Al Olama is a member of the Grand Islamic Scholars Body in Dubai, and an acknowledged expert in Islamic finance. Sheikh Dr. Al Olama is also the head of the Fatwa Committee of the Zakat Funds in the UAE. He currently serves on a number of Shari’ah boards representing Islamic financial institutions and Takaful companies. He has written extensively on modern Islamic finance and has presented numerous research papers at various international conferences. Sheikh Dr. Al Olama holds a PhD in Comparative Islamic Law from Umm Al Qurra University in Mecca, Kingdom of Saudi Arabia
Sheikh Moosa Tariq Khoory is currently a member of Multiple Internal Shari’ah Supervision Committees within the UAE. Mr. Khoory holds a Master’s Degree in Islamic Jurisprudence and its Foundations and a Bachelor Degree in Shari’ah and Islamic Studies, specializing in Jurisprudence and its Foundations from the University of Sharjah.
Fahad Al Muhairi has 18 years of banking experience. Mr. Al Muhairi’s previous roles include Chief Risk Officer at Dubai Islamic Bank and General Manager at Amlak Finance. His other experience includes Senior Manager- Corporate Banking and Main Branch Manager at Standard Chartered Bank as well as a Bank Examiner with Central Bank of the UAE. Mr. Al Muhairi holds a Masters Degree in Business Administration & Finance.
Fahad joined CBD in December 2014.
Maher Almarzouqi is an Islamic banking expert with extensive experience, including as the Head of Corporate Banking. He graduated from UAE University Al Ain and joined CBD in 1995.
Mr. Ziad Jaber brings more than 25 years of multinational and banking experience that extends to Islamic mortgage companies and banking software. He joined CBD in 2014 and has a Bachelor’s degree in computer science.
Mr. Jaber Al Wadeai is an Islamic finance expert with extensive and diverse expertise in the Islamic Banking sector over the last 14 years. His experience includes areas such as Shari’ah compliance and advisory, and internal and external auditing, as well as educational initiatives in Shari’ah. He is currently pursuing his PhD in Shari’ah and law.
Mr. Mohamed Abdulkarim Al Mulla has 15 years’ experience in Relationship Management and Islamic Banking and has extensive regional banking experience. He is CIFE certified and holds a Master’s Degree in Applied Finance & Banking from University of Wollongong, Australia.
Mohamed joined CBD in 2016.
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