|
Sharia Advisor
A Shariah advisor is a person or institution, deemed acceptable in Islamic financial services industry (or the Muslim community at large) to advise on Islamic legal and wider Shariah matters related with structuring of Islamic financial products. A Shariah advisor can be an independent individual, a group of individuals, or an institution with adequate human and technical resources to advise on legal and Shariah matters in the context of financial product structuring. An example of an individual Shariah advisor is Sheikh Nizam Yaqubi, a Bahraini national, who advises scores of institutions around the globe. Individual Shariah advisors are of two types: (1) those trained in the classical Islamic legal tradition; and (2) those with contemporary educational background but impressive expertise in structuring of Islamic financial products. The former is best represented by the likes of Mufti Muhammad Taqi Usmani, a Pakistani cleric, who is chairman of the Shari'a advisory board of Account ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Financial Services
Islam is an Abrahamic religions, Abrahamic monotheistic religion based on the Quran, and the teachings of Muhammad. Adherents of Islam are called Muslims, who are estimated to number Islam by country, 1.9 billion worldwide as of 2020 and are the world's Major religious groups, second-largest religious population after Christians. Muslims believe that Islam is the complete and universal version of a Fitra, primordial faith that was revealed many times through earlier Prophets and messengers in Islam, prophets and messengers, including Adam in Islam, Adam, Noah in Islam, Noah, Abraham in Islam, Abraham, Moses in Islam, Moses, and Jesus in Islam, Jesus. Muslims consider the Quran to be the verbatim word of God in Islam, God and the unaltered, final revelation. Alongside the Quran, Muslims also believe in previous Islamic holy books, revelations, such as the Torah in Islam, Tawrat (the Torah), the Zabur (Psalms), and the Gospel in Islam, Injil (Gospel). They believe that Muh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shariah
Sharia (; ar, شريعة, sharīʿa ) is a body of religious law that forms a part of the Islamic tradition. It is derived from the religious precepts of Islam and is based on the sacred scriptures of Islam, particularly the Quran and the Hadith. In Arabic, the term ''sharīʿah'' refers to God's immutable divine law and is contrasted with ''fiqh'', which refers to its human scholarly interpretations. In the historical course, fiqh sects have emerged that reflect the preferences of certain societies and state administrations on behalf of people who are interested in the theoretical (method) and practical application ( Ahkam / fatwa) studies of laws and rules, but sharia has never been a valid legal system on its own. It has been used together with " customary (Urf) law" since Omar or the Umayyads. It may also be wrong to think that the Sharia, as a religious argument or belief, is entirely within or related to Allah's commands and prohibitions. Several non-graded crimes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nizam Yaqubi
The Nizams were the rulers of Hyderabad from the 18th through the 20th century. Nizam of Hyderabad (Niẓām ul-Mulk, also known as Asaf Jah) was the title of the monarch of the Hyderabad State ( divided between the state of Telangana, Marathwada region of Maharashtra and Kalyana-Karnataka region of Karnataka). ''Nizam'', shortened from ''Nizam-ul-Mulk'', meaning ''Administrator of the Realm'', was the title inherited by Asaf Jah I. He was the former ''Naib'' (suzerain) of the Great Mughal in the Deccan, the premier courtier of Mughal India until 1724, the founding of an independent monarchy as the "Nizam (title) of Hyderabad". The Asaf Jahi dynasty was founded by Mir Qamar-ud-Din Siddiqi (Asaf Jah I), who served as a ''Naib'' of the Deccan sultanates under the Moghul Empire from 1713 to 1721. He intermittently ruled the region after Emperor Aurangzeb's death in 1707. In 1724 Mughal control weakened, and Asaf Jah became virtually independent of the Mughal Empire; Hyderab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Muhammad Taqi Usmani
Muhammad Taqi Usmani (born 5 October 1943) is a Pakistanis, Pakistani Ulama, Islamic scholar and former judge who is the current president of the Wifaq ul Madaris Al-Arabia, Pakistan, Wifaq ul Madaris Al-Arabia and the vice president and Hadith professor of the Darul Uloom Karachi. An intellectual leader of the Deobandi movement, he has authored 143 books in Urdu, Arabic and English, including a translation of the Qur'an in both English and Urdu as well a 6-volume commentary on the ''Sahih Muslim'' in Arabic, ''Takmilat Fath al-Mulhim'' and ''Uloomu-l-Quran''. He has written and lectured extensively on hadith, and Islamic banking and finance, Islamic finance. He chairs the Shariah Board of the Bahrain-based Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). He is also a permanent member of the Jeddah-based International Islamic Fiqh Academy, an organ of the Organisation of Islamic Cooperation, OIC. In Pakistan, Usmani served as a scholar judge on t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accounting And Auditing Organization For Islamic Financial Institutions
Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) is a Bahrain-based not-for-profit organization that was established to maintain and promote Shariah standards for Islamic financial institutions, participants and the overall industry. The commission also organizes a number of professional development programs (especially the Islamic legal accountant program, observer program and forensic auditing program) in their effort to improve the industry. Incorporation AAOIFI was established in accordance with the Agreement of Association which was signed by Islamic financial institutions on 26 February 1990 in Algiers. Then, it was registered on 27 March 1991 in Bahrain. It has members from more than 45 countries, including central banks and Islamic financial institutions and other parties working in the financial industry and banking, Islamic International. The commission has obtained support for the application of the standards issued by it, where the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Humayon Dar
Humayon Dar is the director general of the Cambridge Institute of Islamic Finance, a research institute specializing in the financial sectors of the countries with significant proportion of Islamic banking and finance. Prior to joining Cambridge IIF, Dar served as Director General of Islamic Research & Training Institute (IRTI) of Islamic Development Bank (IsDB). He is also Chairman of the Cambridge-Edbiz Group of Companies, which owns Edbiz Consulting and Cambridge IFA. He is a sharia (Islamic law) advisor, Islamic economist, and advocate for Islamic banking and finance. He has served as a member of the Shari'a boards of Arabesque Asset Management, Abu Dhabi Commercial Bank, Omarco Holding, Hong Leong Islamic Bank Malaysia, Hong Leong MSIG Takaful, Allianz Global Investors Luxembourg, and UMEX Securities. He served as managing director at Deutsche Bank and CEO of its Islamic finance subsidiary, and has also been a visiting Professor for Islamic Finance for universities in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharia
Sharia (; ar, شريعة, sharīʿa ) is a body of religious law that forms a part of the Islamic tradition. It is derived from the religious precepts of Islam and is based on the sacred scriptures of Islam, particularly the Quran and the Hadith. In Arabic, the term ''sharīʿah'' refers to God's immutable divine law and is contrasted with ''fiqh'', which refers to its human scholarly interpretations. In the historical course, fiqh sects have emerged that reflect the preferences of certain societies and state administrations on behalf of people who are interested in the theoretical (method) and practical application ( Ahkam / fatwa) studies of laws and rules, but sharia has never been a valid legal system on its own. It has been used together with " customary (Urf) law" since Omar or the Umayyads. It may also be wrong to think that the Sharia, as a religious argument or belief, is entirely within or related to Allah's commands and prohibitions. Several non-graded crim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Occupations
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitabi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
