Shariah Board
Mufti Ismatullah Hamdullah – Chairman Shariah Board

Mufti Islamtullah holds the degrees of “Aalim-e-Deen” and “Takhassus Fil Fiqh” from Jamia Dar-ul-Uloom, Karachi. He is a PhD in Islamic Economics from University of Karachi.

Mufti Ismatullah has been associated with Islamic Banking Division of Bank AL Habib Limited-Islamic Banking since 2006 as the Shariah Advisor prior his appointment as Chairman Shariah Board. 

He has been teaching Quran, Hadith, Fiqh, Philosophy and Arabic Grammar in Dar-ul-Uloom since 1993. Mufti Sahab has a vast experience in issuing Shariah rulings (fatwa) and is currently serving Dar-ul-Ifta’ of Dar-ul-Uloom. So far he has issued about 20,000 Fatwas regarding different topics and Shariah issues.

His thesis – Zar (Money) in light of Shariah – is considered as one of the useful researches of Islamic Economics and has already been published. He is a renowned research scholar, his research papers have been published in Monthly “Al Balaagh”. He wrote a book “Guide to Takaful or Islamic Insurance” which has also been published.

Mufti Sahab is also a member of Shariah Board of Askari Islamic Bank, Pak Qatar Takaful Group and IGI window Takaful.

Mufti Mohib ul Haq – Member Shariah Board

Mufti Mohib ul Haq Siddiqui graduated from Jamia Darul Uloom, Karachi.

He obtained Shaha dat-ul-Aalamia (Masters in Arabic and Islamic Studies) and Al-T’akhassus fi al-Iftaa’ (Specialisation in Islamic Jurisprudence and Fatwa) qualifications from Darul Uloom.

He has joined the Shariah Board of Bank Al Habib – Islamic Banking in November 2015 as Member Shariah Board.

He has substantial and diversified experience in the field of Islamic Finance and has served several financial institutions as a member of Shariah Boards.

Mufti Mohib ul Haq is currently associated with Faysal Barkat Islamic Banking as the Chairman of Shariah Board. He is also a member of the State Bank of Pakistan’s Forum for Shariah review, standardization of Islamic products and processes and formalization of AAOIFI Shariah standards for the Pakistan banking industry.

He is also associated member Shariah Board with Bank Alfalah Islamic Banking Division and JS Islamic Fund.

Formerly He was also associated member of Shariah Board of Takaful Pakistan Limited and Royal Bank of Scotland Berhad Malaysia.

He has over twelve years of teaching experience at renowned institutions and is also a Faculty Member/ Visiting Faculty Member of various well known Institutions such as:

  • Jamia Darul Uloom Karachi – Centre for Islamic Economics,
  • National Institute of Banking and Finance (NIBAF) – SBP
  • Institute of Cost and Management Accountants of Pakistan.
  • PAF-KIET (Karachi Institute of Economics & Technology)
Mufti Muhammad Sarfraz Nihal – Resident Shariah Board Member

Mufti Muahammad Sarfraz Nihal obtained the degrees of “Aalim-e-Deen” and “Specialization in Fiscal Jurisprudence (Takhassus Fil Fiqhil Islamii)” from Jamia Farooqia, Karachi.

He also awarded MPhil (Monetary Economics), MSc(Economics) and BSc (Math, Stats & Economics) from University of Karachi

Currently he is perusing PhD. In Management Sciences

He has an extensive and diversified experience in the field of Islamic Finance and has served different financial institutions as a Shariah Auditor and Product Manager.

He has joined the Shariah Board of Bank Al Habib – Islamic Banking in November 2015 as Resident Shariah Board Member.

Further, he possess research expertise having numbers of research papers domestically and internationally in the area of Islamic Economics and Finance as well as more than eight years of teaching experience in different Universities and Jamia as a Visiting Faculty Member such as:

  • Jamia Hammadia Karachi
  • Applied Economics Research Centre. (AERC)
  • University of Karachi, Dept. of Economics & Commerce
  • Bahria University, Karachi Campus
  • PAF-KIET (Karachi Institute of Economics & Technology)