Shari’ah Governance and Compliance

True to your values

Sharia'h Governance & Compliance

At Mashreq Al Islami, we are committed to the framework and values of Sharia'h. Our in-house Sharia'h Governance & Compliance department is extensively involved in:

  • Supervising Sharia'h Certification of all sales and relationship personnel at Mashreq
  • Providing advance training on the principles of Islamic law of financial transactions
  • Involved in the development of Sharia'h Compliant products and structuring of Sharia'h Compliant transactions
  • Assuring that all Islamic products and services are duly approved by Sharia'h Supervisory Board
  • Maintaining the custody of all Islamic products and services documentation
  • Issuing Fatwas from Sharia'h Supervisory Board
  • Conducting Shari’ah Compliance Reviews of the bank and its subsidiaries

Sheikh Abdulla is a Saudi national. He is a member of Saudi Forum of Senior Sharia Scholars, which advises the government of the Kingdom of Saudi Arabia and Saudi public on all issues relating to religion.

Sheikh Abdulla is a senior judge in Saudi courts and he chairs the court in the western region.

He is also prominent member of the International Fiqh Academy and member of the Saudi Higher Council of Awqaf and serves on the Sharia boards of a number of financial institutions.

Sheikh Abdalla Bin Suliman Al-ManeiChairman

Sheikh Dr. Nizam sits on the Islamic supervisory boards in GCC, EU, Asia, & USA, Considered one the leading Scholars of the world.

Shariah Advisor, Abu Dhabi Islamic Bank, Bahrain Islamic Bank, Citi Islamic Investment Bank and HSBC, SCB Saadiq, Dow Jones etc.

Professor of Tafsir, Hadith and Fiqh in Bahrain since 1976.

Has earned a PhD in Islamic Law from University of Wales

Holds an MS in Eco. From McGill, & Comparative Religion

Sheikh Dr. Nizam Mohammed Saleh Yaqubi Executive Member

Dr. Mohamed Ali Elgari is an active member of the International Fiqh Academy.

He sits in the Sharia Boards of more than twenty five financial institutions in the GCC, Europe and the United States.

In addition to his Sharia education, Dr. Mohamed Ali Elgari graduated from University of California with a Ph. D in Economics. He is a professor of Islamic Economics at King Abdulaziz University in Jeddah and the Directors of its Islamic Economic Research center.

Sheikh Dr. Mohamed Ali ElgariExecutive Member