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HSBC Shariah Supervisory committee

HSBC Shariah Supervisory committee


The Committee consists of independent Shariah scholars of international repute, specialised in the field of Islamic banking and finance. The present Committee comprises:


Dr. Mohamed Ali Elgari: holds a Ph.D. in economics from the University of California. He is a professor of Islamic Economics at King Abdul Aziz University. He is an expert at the Islamic Jurisprudence Academies of the Organization of Islamic Countries and the Islamic World League. Dr. Elgari is member of Shariah Boards of many Islamic Banks and Takaful Companies including that of Dow Jones, International Islamic Fund Market, Citi Islamic Investment bank, Merrill Lynch and Saudi American Bank.


Sheikh Nizam Yaquby: is a graduate in Economics and Comparative Religion from McGill University and is an internationally acclaimed scholar in the Islamic banking industry. He has been a teacher of Tafsir since 1976. He advises a number of banks and financial institutions including Abu Dhabi Islamic Bank, BNP Paribas, Dow Jones, Lloyds TSB, Citi Islamic Investment Bank E.C. Bahrain and Standard Chartered on matters pertaining to Islamic Banking and Finance.


Dr. Muhammad Imran Ashraf Usmani: has completed his Aalmiyah from Jamia Darul Uloom, Karachi and holds Ph.D. in Islamic finance from University of Karachi. He is a member of the Central Shariah Board of the Central Bank of Pakistan. He is an established academician and teaches Fiqh at Jamia Darul Uloom, Karachi. Dr. Imran Usmani has been engaged by various financial institutions including Meezan Bank, Pakistan and Guidance Financial Group, USA for advice on Islamic law and Islamic Finance.

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