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’
March 2019
1st Islamic Finance Online Webinar – Home Ownership for Muslims
May 2020
2nd Islamic Finance Online Webinar – Islamic Wills
September 2020
Shaykh Sajid Umar (Now: Chair, Panel of Scholars IFA) volunteered for ICE whilst residing in Saudi Arabia
May 2021
ICE Mudarabah guidance released
ICE Zakat articles and Videos released
August 2021
Shariah Compliant Certificate of Heylo Housing ‘Your Home’
December 2021
Shariah Compliant Certificate of Wayhome ‘Gradual Home Ownership’
January 2022
- Launch of the ICE’s separate finance division, Islamic Council Finance Advisory (ICFA)
- Panel of Scholars appointed:
Shaykh Sajid Umar (Chair, Panel of Scholars IFA)
Shaykh Fuad Abdo (Vice-Chair, Panel of Scholars IFA)
Umer Suleman (Industry Expert IFA)
Shaykh Haitham Al-Haddad (Panel)
Shaykh Fraz Farhat (Panel)
Shaykh Muhammad Akkouh (Panel)
Shaykh Ali Ahmed (Researcher)
March 2022
- ICE Zakat Policy released
- Shariah Compliant Certificate of Primary Finance:
‘Home Provision Scheme’
‘Buy-To-Let Purchase Plan’
‘Investment Structure’
June 2022
- ICFA Islamic Finance Onsite Course in East London Mosque
September 2022
- ICFA attended the World Zakah & Waqf Forum
January 2023
- Rebrand of ICFA to Islamic Finance Advisory (IFA)
- Renewal Shariah Compliant Certificate of Wayhome ‘Gradual Home Ownership’
- Zakah Certification of Save One Life ‘Gaza Zakat Fund’
- Shariah Compliant Certificate of Waseeya:
‘Waseeya's Inheritance Calculator’
‘Waseeya's Islamic Will’
‘Waseeya's Gift Deed’
‘Waseeya's peer-to-peer interest-free loan agreement’
February 2023
- Zakah Day Workshops Onsite for Masaajid and Charities:
Charity Right
Norbury Muslim Centre
March 2023
- Zakah Day Workshops Onsite for Masaajid and Charities:
WISE – Wycombe Islamic Centre
RIC – Redbridge Islamic Centre
Hamlets Way Masjid
Human Aid / Ikhwa
- Zakah Certification of Muntada Aid:
‘Livelihood Program’
‘Little Hearts and Eye Cataracts’
‘Feed the Forgotten’
- IFA presented at the International Outreach Program Onsite in Perth, Australia
- IFA presented at the Live Deen Program Onsite in Karachi, Pakistan
April 2023
- Zakah Day Workshops Onsite for Masaajid and Charities:
Masjid Tawhid Leyton
- Zakah Certification of Human Aid:
‘Food Packs, Baby Milk, Orphans Sponsorship, Clothing and Heating’
‘Home Construction’
‘Provision of Cows’
‘Cash Distribution’
May 2023
- IFA partnership with Muslim Money Experts (MME):
1st article - Does modern day interest still qualify as Riba? Part I
2nd article - Does modern day interest still qualify as Riba? Part II
Ongoing 2023
- Monthly Islamic Finance articles release with MME.
- Islamic Finance workshop to be released:
Usool of Mua’malaat Muharrammah
Inheritance