19-Jm1-1446
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21-Nov-2024
[email protected]

About the Islamic Finance Advisory

Educating & Empowering Muslims to Conduct their Financial Dealings with Islamic Guidance
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Our Vision

A world in which wealth-building is divinely-inspired, equitable and seamless, with no one being left behind in our pursuit of happiness.

Our Mission

Our mission is to become the primary institution for enabling people to live their lives and conduct their financial dealings in compliance with the Shariah, and faith-based objectives and values, through direct advice and holistic education.
The Islamic Finance Advisory provides a reliable, knowledge-based service to the Muslim community, offering solutions, guidance and advisory on complex financial matters such as inheritance, usury (Riba), disputes and Zakah.

We operate as a community-orientated service solely for the benefit of the community, and our knowledgeable and responsible Islamic Finance scholarship is based on mutual reasoning (Shuraa), ensuring unbiased advice that is grounded in Islamic principles.

Our organisation is passionate about creating a world where financial prosperity and faith-based values go hand in hand. We are dedicated to helping our customers achieve financial success in a way that aligns with their faith. Our knowledgeable and experienced team is committed to providing you the peace of mind and inner fulfillment through ethical and transformative solutions that promote equitable wealth-building.

Our Experts

At the Islamic Finance Advisory, we are a team of experienced scholars and qualified professionals who are dedicated to providing comprehensive advisory services on all matters related to Islamic Finance. We believe that our work goes beyond individual efforts, and we operate as a council to provide the best possible advice and solutions for our clients.
Our team comprises qualified scholars and industry experts who possess extensive knowledge in various domains of Islamic Finance, including Shari'ah compliance, product design and development, liquidity management, financial risk management strategies, Zakah, endowments (Awqaaf) and financial dispute resolutions and adjudications.

We are blessed to have some of the most distinguished fiqh experts from the highest recognised institutions internationally on our team. Our scholars are not only recognised by us but also by other financial bureaus and boards as experts and leaders in the field and industry.
Chair, Panel of Scholars (IFA)
Vice-Chair, Panel of Scholars (IFA)
Industry Expert (IFA)
Chair, Panel of Scholars (IFA)
Shaykh Dr. Sajid Ahmed Umar
Shaykh Dr. Sajid Ahmed Umar initially pursued a first degree in IT. He went on to successfully open an IT business. Alongside his contemporary studies, Shaykh Sajid was a student at a Qur'an academy till the age of 18. Subsequently, he turned his attention to Islamic Studies.

He completed a 3-year University Diploma in Arabic language and Islamic Sciences at Imam Muhammed bin Saud Islamic University; he later attained a bachelor’s degree in Sharī'ah and, thereafter, a master’s degree in Judiciary (Qadha), with honors, from the Higher Institute for Judiciary Studies (Ma'had al-'āli li'l-Qa'dhā). He trained as a judge and completed a thesis on Liquidity Management using the famous Repurchase Agreement (REPO) contract and its rulings and permitted alternatives.

He attained a Ph.D. from the Higher Institute of Judiciary at Al-Imam University in Comparative Islamic Law and Judiciary. His two-volume dissertation thesis was about Sharī'ah solutions in Financial Risk Management.

Shaykh Sajid has played an integral part in Islamic academic and project development worldwide.
He has authored several articles and dissertations in both Arabic and English pertaining to the various Islamic Sciences, is an Associate Professor at Knowledge International University, and a lecturer with Al Kauthar Institute and Sabeel, and is currently the chair of the Panel of Scholars at the Islamic Finance Advisory also a Senior Advisor at the Islamic Council, and the Sharī'ah Governance Officer for the National Waqf Fund.

Vice-Chair, Panel of Scholars (IFA)
Shaykh Fuad Abdo
Shaykh Fuad Abdo, a UK national of Palestinian origin, in his early education, gained a Bachelor's in Islamic Law from Imam Mohammad Ibn Saud University in Riyadh, followed by a Master’s in Economics & Islamic Banking from Yarmouk University in Jordan. The Shaykh continued to study under many prominent scholars and has published many works under them. He has designed a training course for a leading bank in Saudi Arabia on Islamic Banking.

He is currently based in London and has been an Imam in many cities across the United Kingdom. He is the lead Imam at Al-Ansar Masjid, London. The Shaykh plays a vital role as a Murrabi at Sabeel, nurturing and teaching a wide range of Muslims. He also delivers sermons, lectures and regular classes across the country, whilst also being a Senior Advisor at the Islamic Council and the Vice-Chair of the Panel of Scholars at the Islamic Finance Advisory.

Industry Expert (IFA)
Umer Suleman
Umer Suleman started his career as an auditor within the big four accountancy firms, before moving to a major global finance firm in the City of London. At both organisations, Umer led the Muslim Networks.

Umer has been actively involved in Islamic Finance for over a decade, working with some of the most notable UK scholars on shariah structuring and process reviews. He currently sits as the Global Head of Risk, Compliance and Shariah for Wahed, sits on the board of the UKIFC and is co-founder of the National Waqf Fund. Additionally, Umer has also been an advisor for a number of Islamic FinTechs across the globe.

Umer was recognised for his work in 2016 as "one to watch" in the City of London by Brummel magazine for not only his work in Islamic Finance but also his role as a member of the Steerco for the Cube Network, an umbrella organisation for professional corporate Muslim Networks.

Umer is the Industry Expert of the Panel of Scholars at the Islamic Finance Advisory.

Timeline

Our journey so far
October 2016
Concurrently established with Islamic Council of Europe

The council took Islamic Finance cases on: Inheritance / Zakah / Disputes / Shari’ah Certification
December 2017
1st Islamic Finance Onsite Course – Blockchain & Cryptocurrencies
January 2018
2nd Islamic Finance Onsite Course – Islamic Principles of Investment
February 2019
1st Shariah Compliant Certificate of Octopus Investment Limited ‘Pay-As-You-Drive Finance Investment’
January 2018
2nd Islamic Finance Onsite Course – Islamic Principles of Investment

Timeline

Our journey so far
At the Islamic Finance Advisory, we believe that our clients deserve the very best in advisory services. That's why we have assembled a team of qualified professionals who are committed to providing ethical and transformative solutions for personal finance, businesses, charities, and Fintech and DeFi.

Our Services

Business & Charity Shari’ah Consultancy & Certification.

Ensure your business or charity complies with Islamic principles.
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Business & Charity Shari’ah Consultancy & Certification.

Ensure your business or charity complies with Islamic principles.
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Fintech Shari’ah Consultancy & Certification.   

Ensure your fintech company complies with Islamic principles.
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Fintech Shari’ah Consultancy & Certification.

Ensure your fintech company complies with Islamic principles.
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Personal Finance Shari’ah Consultancy.

Achieve your financial goals and those of your family while upholding Islamic principles.
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Personal Finance Shari’ah Consultancy.

Achieve your financial goals and those of your family while upholding Islamic principles.
LEARN MORE

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+(44) (0)208 610 9870
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