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October 2016
Concurrently established with Islamic Council of Europe
The council took Islamic Finance cases on: Inheritance / Zakah / Disputes / Shari’ah Certification
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December 2017
1st Islamic Finance Onsite Course – Blockchain & Cryptocurrencies
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January 2018
2nd Islamic Finance Onsite Course – Islamic Principles of Investment
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February 2019
1st Shariah Compliant Certificate of Octopus Investment Limited ‘Pay-As-You-Drive Finance Investment’
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March 2019
1st Islamic Finance Online Webinar – Home Ownership for Muslims
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May 2020
2nd Islamic Finance Online Webinar – Islamic Wills
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September 2020
Shaykh Sajid Umar (Now: Chair, Panel of Scholars IFA) volunteered for ICE whilst residing in Saudi Arabia
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May 2021
ICE Mudarabah guidance released
ICE Zakat articles and Videos released
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August 2021
Shariah Compliant Certificate of Heylo Housing ‘Your Home’
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December 2021
Shariah Compliant Certificate of Wayhome ‘Gradual Home Ownership’
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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)
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March 2022
- ICE Zakat Policy released
- Shariah Compliant Certificate of Primary Finance:
‘Home Provision Scheme’
‘Buy-To-Let Purchase Plan’
‘Investment Structure’
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June 2022
- ICFA Islamic Finance Onsite Course in East London Mosque
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September 2022
- ICFA attended the World Zakah & Waqf Forum
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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’
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February 2023
- Zakah Day Workshops Onsite for Masaajid and Charities:
Charity Right
Norbury Muslim Centre
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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
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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’
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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
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Ongoing 2023
- Monthly Islamic Finance articles release with MME.
- Islamic Finance workshop to be released:
Usool of Mua’malaat Muharrammah
Inheritance