Shariah-compliance

Dr. Elgari is the director of the Centre for Research in Islamic Economics at King Abdulaziz University in Saudi Arabia, where he also serves as an Associate Professor of Islamic Economics. Dr. Elgari advises numerous Islamic financial institutions worldwide and is the author of important research on the Shariah aspects of Islamic banking. Dr. Elgari is an expert at the Islamic Fiqh Academy and a member of the Academic Committee at the Islamic Development Bank. Dr. Elgari is also a professor of Islamic Banking at the Bahrain Institute of Banking and Finance and the editor of Review of Islamic Economics. Dr. Elgari received his Ph.D. in Economics from the University of California. 

Dr. Mohd Daud Bakar is an established Shariah scholar with wide experience in teaching and research. His areas of specialisation included Islamic Legal Theory, Islamic Banking and Finance, Islamic Law of Zakah and Islamic Medical Law. Besides his teaching and research assignments, Dr. Bakar provides Shariah consultancy, structuring and advisory services to various Islamic financial institutions. Dr. Mohd Daud Bakar is currently the Chairman of the Shariah Advisory Council at the Central Bank of Malaysia, the Securities Commission of Malaysia and the Labuan Financial Services Authorities. Dr. Mohd Daud was previously the Deputy Vice-Chancellor at the International Islamic University Malaysia. Dr. Mohd Daud is a Shariah board member of various financial institutions, Dow Jones Islamic Market Index (New York), The National Bank of Oman, Morgan Stanley (Dubai), Bank of London and Middle East (London), Noor Islamic Bank (Dubai), Jadwa-Russell Islamic Fund (Saudi Arabia), Salama Islamic Insurance, amongst many others. Dr. Bakar obtained his Bachelor of Shariah from the University of Kuwait in 1988 and a 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 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.