Bml Islamic

Shari'ah Advisory Committee

Shari’ah Advisory Committee (SAC) of BML Islamic consists of renowned international and local scholars who provide continued support and supervision, and have a permanent check on contracts, transactions, and procedures. SAC consists of:

Sheikh Mufti Yusuf Suliman

Sheikh Mufti Yusuf Suliman (CSAA) completed his Iftaa course at Darul Uloom Zakariyya of Johanesburg, South Africa in 2001 and is currently the head of the Fatwa department of “Markaz Alnoor lil Iftaa wal Irshaad”. He is an AAOIFI certified Shari’ah Advisor and Auditor and is on the following Shari’ah Boards of Element investment Managers-South Africa, Shari’ah investments-Malawi and ABSA Islamic Bank amongst others.

Sheikh Mahomed Shoaib Omar

Sheikh Mahomed Shoaib Omar (attorney at law) serves as a member of the Shari’ah Board of Albaraka Bank SA. He completed his LLB at the University of Kwazulu/Natal in 1979 and studied Arabic and Islamic Law under Mufti Taqi Usmani in 1982, one of the top Shari’ah Advisors in the industry. He was also a student of Qadhi Mujahidul Islam, the founder of the Islamic Fiqh Academy of India. In 1995, he was granted right of appearance in the High and Constitutional courts of South Africa. He practices as an attorney and has authored over ten books and numerous articles in Islamic Law and Commerce.

Sheikh Ziyaad Mahomed

Sheikh Ziyaad Mahomed is an International Islamic Scholar and trainer in various aspects of Islamic Finance. He has lectured at numerous training seminars in Europe, Africa and the Middle East. He has acted as Shari’ah consultant to institutions in Tanzania, Kenya, South Africa, Niger and Nigeria.

Sheikh Ziyaad has been involved launching Takaful, Unit Trusts and Islamic microfinance models in Africa. He is the MD of IFISA, a Shari’ah Consultancy and Training company specializing in Islamic Finance. He holds numerous certifications in Shari’ah, Management Studies, Commerce and an MBA.