Shariah Supervisory Board
Members
The following scholars are members of NOOR TAKAFUL’S Sharia’a Board:
Sheikh Dr. Mohamed Ali Elgari – Chairman
An active member of the International Fiqh Academy, he serves as an expert at the Islamic Jurisprudence Academies of the Organization of Islamic Countries and the Islamic World League.
Dr. Elgari graduated from the University of California with a Ph.D. in Economics, and currently serves as a Professor of Islamic Economics and Director of Islamic Economics Research at King Abdulaziz University in Jeddah. He is also a member of Sharia’a Boards on many Islamic Banks and Takaful Companies across the Middle East, Asia and North America.
Dr. Mohammed Daud Bakar – Member
Dr. Bakar is a member of the Central Shariah Advisory Council of the Central Bank of Malaysia and Securities Commission of Malaysia, and is also an active member of the Sharia’a Board of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
He also serves as an Associate Professor in Islamic Law and the Deputy Rector, Student Affairs and Discipline, at the International Islamic University in Malaysia. He holds a Ph.D. from University of St. Andrews, Bachelor of Jurisprudence at University of Malaya and a Bachelors degree in Sharia’a from the University of Kuwait.
Mr. Amjad Nasser - Member
A certified Sharia Adviser and Auditor (CSAA), and Islamic Professional Accountant (CIPA) as recognized by AAOFI, Amjad brings 14 years of experience in the Islamic finance industry, along with strong knowledge and exposure to jurisprudence of financial transactions and Shari'a rulings in general. He was instrumental in developing products ranging from corporate, retail, treasury, SME, and trade. A founding member of Noor Islamic Bank and Noor Takaful, he heads the Sharia Governance, Advisory, Compliance, and Audit function for both companies.
He represents both Noor companies at AAOFI, the International Islamic Center for reconciliation and arbitration centre, as well as government initiated Islamic finance missions overseas. He has lectured on Islamic banking at various universities including American University of Sharjah, Duke University of DIFC, Charles University, USA, and Saint Joseph’s University, USA, University of Wollongong in Dubai (UOWD) and Emirates Institute of Banking and Financial Studies.
