Shariah-compliance

Dr. Elgari was a former Professor of Islamic Economics at King Abdulaziz University, Jeddah, Saudi Arabia and a former Director of the Center for Research in Islamic Economics, in the same university. He is an expert at the Islamic Jurisprudence Academy of the Organization of Islamic Corporation (OIC) and the Islamic Jurisprudence Academy of the Islamic World League and a member of the Shariah Council of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOFI). He is a member of the editorial boards of several academic publications in the field of Islamic Finance and Jurisprudence; among them, Journal of the Jurisprudence and sits on the advisory board of Harvard Series in Islamic Law, Harvard Law School. A native of Makkah, Saudi Arabia, Dr. Elgari is also chairman and a member of several Shariah Boards of Islamic financial institutions worldwide including Guidance Financial Group. A frequent speaker in conferences on Islamic finance worldwide, Dr. Elgari has published a number of books in Islamic finance and authored numerous articles on the subject, both in Arabic and English. Dr. Elgari holds a Ph.D. in Economics from the University of California.

Dr. Mohd Daud is a leading expert of Islamic finance from Malaysia and was the former Chairman of the Shariah Advisory Councils (SAC) of the Malaysian Central Bank and the Securities Commission of Malaysia – positions which he held for more than two decades. Apart from his role on the Shariah Supervisory Board of Guidance Financial Group, Dr. Mohd Daud Bakar is also the founder and executive chairman of Amanie Group. He was also the former chairman of the Federal Territory Islamic Religious Department (MAIWP) in Kuala Lumpur. Additionally, he serves as the chairman of the Shariah Advisory Boards of Habib Metropolitan Bank of Pakistan and Madina Takaful in Oman. Dr Mohd. Daud is also a Shariah board member of various global financial institutions, including BNP Paribas Najma in Bahrain, Credit Agricole Corporate & Investment Bank in Dubai, and Dow Jones Islamic Market Index. Dr Mohd Daud received his Ph.D. from the University of St. Andrews, Scotland.

Shaykh DeLorenzo is considered a leading authority on Islamic finance in the United States. He has translated over twenty books from Arabic, Persian, and Urdu for publication, including a three-volume Compendium of Legal Rulings on the Operations of Islamic Banks. He is a member of the Shariah supervisory boards of several financial institutions, including Guidance Financial Group, Dow Jones Islamic Markets, Wafra Investment Advisory Group and Oasis Crescent Funds. Shaykh DeLorenzo has served as secretary of the Fiqh Council of North America and was also an advisor on Islamic education to the government of Pakistan. Following a university education in the United States, Shaykh DeLorenzo studied the classical Shariah Sciences with scholars in Pakistan.

Dr. Usmani is currently the Vice President of Darul Uloom, Karachi. He has carried out extensive research in his area of expertise, Islamic finance, and his book, A Guide to Islamic Banking, is well known and regarded as a manual of Islamic Banking. In addition to his position on the Shariah Supervisory Board of Guidance Financial Group, he is a Shariah advisor or Shariah supervisory board member to several institutions, including State Bank of Pakistan, Meezan Bank, UBS, Credit Suisse, HSBC Amanah and Lloyds T.S.B. Dr. Usmani conducts training sessions and lectures in Jamia Darul Uloom, Karachi and the Institute of Business Administration, Karachi (IBA). He holds an M.A. and a Ph.D. in Islamic Finance and M.A. (Arabic and Islamic Studies) as well as Alimiyyah and Takhassus degrees, with a specialization in Islamic Jurisprudence, from Jamia Darul Uloom, Karachi.