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Shariah Committee

Sheikh Mahomed Shoaib Omar

Chairman

Sheikh Mahomed Shoaib Omar has studied the authoritative works of fiqh (Islamic Jurisprudence and Law), across the four authoritative Sunni schools of fiqh, and has specialized in Fiqh Al Muqarin (comparative analysis between Islamic and secular law), and the application of fiqh to contemporary situations and Islamic commercial and financial transactions. He has been guided by his revered teacher, the distinguished jurist, Mufti Taqi Usmani, over the years, in relation to the solution of complex issues, in the field of Islamic Finance. He completed his LLB at the University of Kwazulu/Natal in 1979 and studied Arabic and Islamic Law under Mufti Taqi Usmani in 1982, who is one of the top Shariah 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.

Sheikh Mahomed Shoaib Omar serves as a chairman of several Shari’ah compliant unit trust funds based in South Africa (including the global Shari’ah equity fund launched by Old Mutual). He has served as a member of the Shariah Board of Albaraka Bank SA. He practices as an attorney and has authored over ten books and numerous articles in Islamic Law and Commerce. He has been with BML Islamic since January 2013 as a member and the Chairman of the Shariah Committee.


Asst Professor Dr. Ziyaad Mahomed

Member

Assistant Professor Dr. Ziyaad Mahomed and Head of Micra E-learning at INCEIF in Malaysia. He also served as the Associate Dean of E-learning, and Director of Executive Education at INCEIF. As a Shariah Advisor and Islamic finance practitioner for over two decades, he has advised financial institutions and regulators in Islamic finance, regulation, social finance, fintech and Shariah advisory in over 20 countries.

He holds a PhD and CIFP from INCEIF in Malaysia, an MBA from MANCOSA in South Africa, and a BA (Hons) in Business (Finance) from ARU in the UK. He also holds certification in Islamic law from South Africa and Jordan. He was Managing Director of a boutique consultancy in Shariah advisory since 2006, after serving as National Head of Marketing & Product Development at Albaraka Bank South Africa. Dr Ziyaad specialises in Shariah, Islamic Capital Markets, Fintech, and Social Finance.

Most recently, Dr Ziyaad has published on Shari'ah and ESG, Social Impact Sukuk, sustainability practices and social impact tokens based on DeFi. He has received several awards for his innovation in social finance modelling and numerous best paper awards at academic conferences internationally. He has also received a lifetime achievement award for his contribution to Islamic finance in Africa.

He serves as Chairman of several Shariah boards internationally, including the Shariah Committee of HSBC Amanah (Malaysia), Taj Bank (Nigeria), Ayady Takaful (Maldives), iConsult Africa (South Africa), Iman Ltd. (Uzbekistan), FBNQuest Asset Managers (Nigeria), One17 Capital (Nigeria). He has provided advisory and subject matter expertise to Kazakhstan, the UK, the Philippines, and Nigeria, among others. He has been with BML Islamic since January 2013 as a member of the Shariah Committee.


Sheikh Mufti Yusuf Suliman

Member

Sheikh Mufti Yusuf Suliman is one of the few Scholars in South Africa accredited by AAOIFI as Shariah Advisor and Auditor. He also holds Certificates in Qadha (adjudication) from Jamiatul-Imaam, Riyadh, Saudi Arabia, and Imarat Shariah, Patna, Bihar, India, and has completed Iftaa (issuance of verdicts) at Darul Uloom Zakariyya, Lenasia, South Africa. He developed the Islamic Banking training material for all South African Banks, having been contracted by BANKSETA.

Sheikh Mufti Yusuf Suliman previously served on the Shariah Boards of the Momentum Investment Cluster including RMB and Advantage. He serves as Head of Shariah Risk & Advisory for the Standard Bank Group. He also served in this capacity for Barclays Africa Islamic banking. He was also appointed as Acting Managing Director of Absa Islamic Banking in 2013. He serves on the Shariah Boards of the Element Investment Managers, Alexander Forbes, Shariah Investments Ltd (Malawi), Bryte Takaful, Capital Legacy, Southchester and Investec Bank. He is also a consultant to numerous Islamic Financial Institutions. . He has been with BML Islamic since January 2013 as a member of the Shariah Committee.


Al-Usthaza Aishath Khaleela Abdul Sattar

Member

Uza. Aishath Khaleela Abdul Sattar holds Master of Comparative Laws, from IIUM, Malaysia, and a Bachelor of Arts in Islamic Studies and a Post Graduate Diploma in Professional Teaching, from United Arab Emirates University, UAE. She is also a certified narrator of Hadith including Sahih Al-Bukhari and Al-Muwaththau of Imaam Maalik and Arba’een An-Nawawiyya, which were awarded by Al-Muhadhith Dr. Ali bin Hussain Al-‘Aaidhi Al-Thoonisi.

She has more than 15 years of experience in teaching Shari’ah related subjects in schools, colleges and Universities, in Maldives. As a state licensed Islamic Preacher, she has been active in the field of da’wa since 1999. She is also a state licensed Legal Practitioner since 2006. She has served as a Vice Chancellor at Islamic University of Maldives and Acting Chairperson at IUM Holdings Pvt from 2018 to 2019. She has served as a Graduate Research Assistant at the Office of the Deputy Rector Internationalization and Global Network, IIUM from 2016 to 2018. She has published academic papers in the fields of Islamic jurisprudence and Islamic Finance on International Journals and presented them in International Conferences

Currently Uza. Aishath Khaleela services as a Senior lecturer at Faculty of Shari’ah & Law of Villa College, Maldives, where she teaches Shari’ah Subjects such as (Principle of Islamic Jurisprudence and Islamic Legal Maxims, Islamic law of Transactions and Exegesis on the Traditions of Legislature in the Sunnah etc.) in undergraduate and postgraduate programs. She has been with BML Islamic since March 2020 as a member of the Shariah Committee.