Shariah Committee

PROFESSOR DATO' DR. AZNAN HASAN

Shariah Committee Chairman

 

Date of Appointment : 1 April 2017

 

Qualifications :

  • Bachelor Degree in Shariah from University of Al-Azhar, Egypt
  • Master Degree with distinction, in Shariah from Cairo University, Egypt
  • PhD from University of Wales, Lampeter, United Kingdom
 

Relevant Experience :

Prof. Dato' Dr. Aznan is currently a Professor at Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM). He teaches post-graduate level students and specialises in Islamic Commercial Law, Islamic legal maxims and other related areas of Islamic banking and finance.

Renowned locally and internationally for his extensive experience and involvement in Islamic finance and Shariah advisory, Prof. Dato' Dr. Aznan has served as a Shariah advisor and consultant to various financial institutions, corporate entities, Government agencies and regulatory authorities. He was involved in advising and approving various Islamic financial products in the banking, capital market and takaful industries, and was credited with over 40 research papers and more than 100 presentations on Shariah and Islamic finance worldwide.

 

Memberships and Other Appointments :

  • Member of the Association of Shariah Advisors in Islamic Finance
  • Deputy Chairman of the Shariah Advisory Council of the Securities Commission Malaysia
  • Chairman of the Shariah Committee of Maybank Islamic Berhad

USTAZ MOHD FADHLY MD YUSOFF

Shariah Committee Member

Date of Appointment : 1 April 2017

 

Qualifications :

  • Bachelor Degree in Shariah (First Class) from the University of Malaya, Malaysia
 

Relevant Experience :

Ustaz Mohd Fadhly currently runs his own business and is also an independent Shariah advisor and consultant. Prior to this, he was a manager with the Islamic Capital Market Department in Securities Commission Malaysia for 12 years, supervising and monitoring Shariah compliance requirements of Islamic product structures in relation to submissions for issuance of Sukuk, structured products, collective investments and Islamic real estate investment trusts. Ustaz Mohd Fadhly was also in charge of research and development activities relating to Islamic capital market products, as well as reviewing and providing consultative input and criteria for the preparation of Islamic securities and capital market guidelines.

Ustaz Mohd Fadhly is an appointed Shariah advisor and consultant for a number of educational, non-governmental organisations and financial institutions. An accredited trainer for Islamic Finance Qualification (IFQ) by the Chartered Institute for Securities and Investment, he is actively involved in reviewing Shariah and Islamic finance curriculums and syllabi for human capital development and training providers.

 

Memberships and Other Appointments :

  • Member of the Association of Shariah Advisors in Islamic Finance
  • Shariah Committee member of AmBank Islamic Berhad
  • Shariah Committee member of Sun Life Malaysia Takaful Berhad

USTAZ LOKMANULHAKIM HUSSAIN

Shariah Committee Member

Date of Appointment : 20 July 2022

 

Qualifications :

  • Bachelor Degree in Shariah, Islamic University of Madinah, Saudi Arabia.
  • Master Degree in Fiqh, Islamic University of Madinah, Saudi Arabia.
 

Relevant Experience :

Ustaz Lokmanulhakim Hussain previously served as a researcher at International Shari’ah Research Academy for Islamic Finance (ISRA). He also used to be a member of Shariah Board of Al Rajhi Bank Malaysia in 2014-2022. He is a prolific researcher and actively involves in researches related to Islamic finance and has presented numerous research papers at various seminars and conferences.

 

Memberships and Other Appointments :

  • Shariah Committee member of Affin Islamic Bank Berhad
  • Shariah Committee member of Co-opbank Pertama
  • Shariah Advisory Council Member of BIMB Securities Sdn Bhd
  • Shariah Committee member of FWD Takaful

PROFESSOR DR ZURINA SHAFII

Shariah Committee Member

Date of Appointment : 1 April 2021

 

Qualifications :

  • Bachelor in Accountancy, Universiti Teknologi Mara Malaysia
  • MSC. Finance, Durham University, United Kingdom
  • PhD in Islamic Finance, Durham University, United Kingdom
  • Professional Accounting Qualification, ACCA
  • Certified Islamic Financial Planner
 

Relevant Experience :

Prof. Dr. Zurina Shafii is a Professor in the Faculty of Economics and Muamalat, Universiti Sains Islam Malaysia (USIM). She is also a research fellow in Islamic Finance and Wealth Management Institute (IFWMI) at USIM. Her field of expertise are Shariah audit and assurance, Islamic accounting and reporting, Islamic financial planning and Halal Compliance Procedures. Todate, she has authored four books on Islamic financial planning, Shariah audit and Islamic finance.

She is one of the founders of Muamalat Interactive Game (MIG); a game that has been innovated by incorporating the concepts and operations for retail products offered by Islamic banks. Such invention has won various awards conferred by Persidangan dan Ekspo Ciptaan Institusi Pengajian Tinggi Antarabangsa (PECIPTA), International Invention, Innovation and Technology Exhibition (ITEX) and International Trade Fair Ideas Inventions New Products (IENA) in Germany. The board games are used widely in various trainings conducted by numbers of Islamic banks, zakat institutions, universities, schools and Non-Governmental Organisations (NGOs).

Her expertise in Islamic finance has led to her appointment as one of the external expert panels for Finance Accreditation Agency (FAA) and a subject matter expert (SME) for IBFIM on Shariah audit that headed the project of Professional Shariah Auditor Certification into the market in December 2019. Her engagement with Shariah governance functions and personnel such as Shariah risk managers, Shariah reviewers and Shariah auditors as the main trainer for Module 4 of Shariah Risk Management and Module 5 of Shariah Audit Planning and Programme has provided her a good platform to further understand the issues and concerns in Islamic banking and takaful.

 

Memberships and Other Appointments :

  • President of Association of Islamic Financial and Wealth Management (AIFIWM)
  • Shariah Committee member of Standard Chartered Saadiq Berhad
  • Shariah Committee of Khadijah International Waqf Foundation (Labuan)

PROFESSOR DR SALINA KASSIM

 Member

Date of Appointment : 20 July 2022

 

Qualifications :

  • Bachelor in Economics, University of Arizona
  • MSC. Economics, University of Missouri-St. Louis, USA
  • PhD in Economics, International Islamic University Malaysia (IIUM).
  • Postgraduate Diploma in Islamic Studies, IIUM
 

Relevant Experience :

Prof. Dr. Salina is currently a Professor at the Institute of Islamic Banking and Finance (IIiBF), International Islamic University Malaysia (IIUM). Her areas of expertise include Islamic banking and finance, economics, Islamic social finance and sustainable finance such as waqf, Islamic microfinance, and socially responsible investment. She serves as a trainer for the Association of Shariah Advisors in Islamic Finance (ASAS) trainings, editorial board member of several reputable international and local academic journals, national panel member for Ministry of Higher Education Fundamental Research Grant Scheme (FRGS), as well as invited speaker for seminars and conferences.

Prior to becoming an academician, she has several years of working experience as a Senior Executive at the Economics and Corporate Planning Division of a commercial bank in Malaysia. She has conducted researches, produced a number of books, chapters in books and publications in journal articles, and presented papers at various events.

 

Memberships and Other Appointments :

  • Shariah Committee member of AmBank Islamic Berhad