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Shari'a Board Members
Our Shari'a Board members are widely acclaimed as leaders in the field of Islamic Finance. A humble introduction to each member is given here.- Mufti Muhammad Hassaan Kaleem (Member of DIBPL Shari'a Board)
- Mian Muhammad Nazir (Chairman Shari’a Board)
- Mansoor Rais (Resident Member DIBPL Shari'a Board)
Mufti Muhammad Hassaan Kaleem
Member of DIBPL Shari'ah BoardCurrently serving as the Sharia Board Member of Dubai Islamic Bank Pakistan Ltd. Mufti Hassaan has vast experience in matters of Sharia teachings and advisory and has been teaching various courses in Islamic Studies and Arabic at Dar-ul-Uloom Karachi for the last 17 years. He is a member of Dar-ul-Ifta, Jamia Darul-ul-Uloom Karachi, Chairman Sharia Board of Securities & Exchange Commission of Pakistan (SECP), Sharia Board Member of Pak Kuwait Takaful Company Ltd., Sharia Board Member of Pak Qatar Family Takaful, Sharia Consultant for Deloitte (Global Islamic Finance Team), and Sharia Council Member of Al-Ameen UBL Funds.
In addition, he is also a Sharia Board Member of Hanover Re Takaful Bahrain, Sharia Board Member of Takaful Emirate UAE, Sharia Board Member of Amana Bank Limited Sri Lanka, permanent faculty member of Center for Islamic Economics Karachi, Trainer of Sharia standards at Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Bahrain and visiting faculty member of National Institute of Banking and Finance (State Bank of Pakistan).
Mian Muhammad Nazir
Chairman of SBAs Chief Executive Officer of Dar Al Sharia he is responsible for the legal and structuring functions at Dar Al Sharia and Sharia Coordination Department of Dubai Islamic Bank. He advises Dubai Islamic Bank and external clients (banks, financial institutions and Takaful companies) on product development, structuring, documentation and Sharia governance of Islamic banking, finance and insurance products, services and transactions.
Mian Nazir graduated with an LL.M (Master of Laws) from the prestigious University of Cambridge, United Kingdom wherein he studied as a Commonwealth Scholar. He also holds a Bachelor degrees in Shari’ah & Law (LLB (Hons)) from the International Islamic University Islamabad wherein he was a gold medalist and passed with distinction.
Member Fatwa and Sharia Supervisory Board:
- RAK Bank
- Emirates REIT, DIFC, UAE
- Union National Bank, UAE
- DIB Bank Kenya Limited, Kenya
- Member Islamic Banking Committee of UAE Banks Federation
- Member Islamic Banking Committee of Central Bank of UAE
- Member DIFC Task Force on Islamic Corporate Governance
- Member DIFC Committee for Standardization of Islamic Capital Markets
- Documentation (supervising the drafting of standard documentation)
Mansoor Rais
Resident Member of DIBPL Shari'ah BoardHe is an experienced Sharia Compliance & Product Development professional with a demonstrated history of working in Islamic Banking as well as Takaful industry of Pakistan. Currently serving as the Resident Sharia Board Member (RSBM) of Dubai Islamic bank Pakistan Ltd. He is skilled in Sharia structuring of complex business transactions/proposals, Sharia Review of asset/liability sides products documentations/agreements. Having a specialized degree in Islamic Jurisprudence from world renowned institution "Jamia Darul Uloom Karachi", and Master of Business Administration (M.B.A.) focused in Islamic Banking & Finance from Iqra University, Karachi (in progress) and specialization in Fatwa from Jamia Ashraful Madaris Karachi. Additionally, he has earned Post Graduate Diploma (PGD) from International Islamic University, Islamabad (IIUI) along with several short specialized certifications.
Following are the contact details of DIBPL Shari'a Compliance Department.
Syed Sitwat Rizvi
Head – Shari’a Compliance & Secretary Shari’a BoardShari’ah Compliance Department.
Dubai Islamic Bank
Head Office, 4th Floor, Hassan Chambers, DC-7,
Block 7, Kehkashan, Clifton, Karachi, Pakistan.
Tel: + 92 21 3536 8540
