Shariah Board

Mufti Irshad Ahmad Aijaz

Considered a leading light in the field of Islamic Financial Structuring and Islamic Banking, Mufti Irshad has the honor of developing several Shariah Compliant Financial Structures and his services are readily sought after by various committees under the jurisdiction of the State Bank. He has played and continues to play a vital role in the Islamization of the economy. Mufti Irshad completed his Takhassus fil ifta from Jamia Dar ul Uloom, Korangi; and has an MBA in Finance from Iqra University.

His other affiliations include:

  • Bank Islami Pakistan - Chairman Shariah Board
  • Standard Chartered Bank - Member Shariah Board
  • Summit Bank - Member Shariah Board
  • Al–Baraka Properties, Australia – Shariah Advisor
  • AAOIFI - Member Shariah Standard Committee
  • SECP - Ex-Member Shariah Board
  • Wasil Micro Finance Group - Chairman Shariah Supervisory Board



Dr. Mufti Khalil Azami

Dr. Aazami graduated from Jamia Darul Uloom, Karachi where he obtained a Masters in Arabic and Islamic Studies and a specialization in Islamic Jurisprudence and Fatwa. He also holds a Doctorate degree in ‘Islamic Jurisprudence’ from Karachi University. Dr. Aazami has 18 years of research experience when it comes to Islamic Finance and other Shariah related subjects, He is an experienced lecturer and trainer in the field of Islamic Finance, Economics, Fiqh, Islamic Financial Laws and General Islamic Science. He is a Faculty member, – Jamia Darul Uloom, Karachi since 1999 and has been associated with the Centre For Islamic Economics, Karachi, National Institute of Banking and Finance – SBP and Sheikh Zaid Islamic Research Centre – University of Karachi.

His other affiliations include:

  • Bank Alfalah Limited – Chairman Shariah Board
  • National Bank of Pakistan – Member Shariah Board
  • Faysal Bank – Member Shariah Board
  • Alfalah Insurance (Takaful) – Shariah Advisor


Dr. Mohsin Naqvi

An Educationist and a research scholar, Dr. Mohsin Naqvi completed his Masters in Islamic Studies from University of Karachi and went on to complete his Ph. D in biblical studies from North Carolina University, USA. After acquiring religious education from local seminaries in Pakistan, Dr. Naqvi went to Najaf, Iraq to receive formal education / training in Ijtehad under the guidance of late Grand Ayatullah Abu Al Qasim Al Khoi. Dr. Naqvi is a seasoned author in the field of Islam and practical approaches and his research has been published in journals of international repute. His areas of interest include Quranic Tafseer, hadees research, education, Halal certification and financial structures.

His other affiliations include:

  • Visiting Faculty Member – SZABIST – PhD and MS/MPhil Program
  • Ismaili Tariqah and Religious Education Board (ITREB)
  • Chief Examiner of Islamiat at Aga Khan Education Board
  • Visiting Faculty – CBEC (SIUT)
  • Ex-Member Council of Islamic Ideology, Government of Pakistan
  • Ex-Member National Cirriculum Board, Government of Pakistan


Mufti Syed Zahid Siraj

Mufti Syed Zahid Siraj is a renowned shariah scholar in the field of Islamic Finance and Takaful. He has served as Principal of Al-Arqum Riaz-ul-Uloom, Karachi, Pakistan and has remained a Lecturer at Darul Uloom Al-Qadiriah Al-Markaz-ul-Qadiri, Karachi and Jamia Anwar-ul-Quran, Karachi, Pakistan. Over the years he has written several books and his articles have been published periodicals and journals of international repute: Mr. Siraj has been issuing Fatawa (Shariah Pronouncements) since Last 11 years while also delivering lectures on Fridays & Eid Prayers since the last 13 years. He completed his Darajah Al-Ijazah Al-Aliyah (Graduation Level in Islamic Studies & Modern Thoughts) and Shadah Al-Alimiyah from Tanzeem-ul-Madaris Pakistan (2nd Position in Pakistan). He holds a Msters in Islamic Studies and a Masters in Economicsas well as Arabic & Islamic Culture. He is a Certified Islamic Banker (CIB) and Certified Takaful Professional (CTP).

His other affiliations include:

  • Dawood Family Takaful – Member Shariah Board
  • Al Barakah Bank – Head of Shariah Compliance


Mufti Ehsan Waquar Ahmed

Mufti Ehsan Waquar Ahmad holds Takhassus fil Fiqh (Mufti) from Jamia-tur-Rasheed besides qualification in Dars-e-Nizami. He has also done Masters in Business Administration (MBA) with majors in Finance from IoBM (CBM) and Masters in Economics from University of Karachi. His areas of interest includes liability side banking products and Takaful. Mufti Ehsan has been teaching Fiqh, and Fiqh-ul-Muamlaat at Jamia-tur-Rasheed.

His other affiliations include:

  • National Bank of Pakistan Limited – Chairman Shariah Board
  • Soneri Bank Limited – Member Shariah Board
  • NAFA Funds – Member Shariah Board
  • Halaal Foundation Pakistan – Vice Chairman


Mufti Zeeshan Abdul Aziz

Mufti Zeeshan Abdul Aziz holds Takhassus fil Fiqh (Mufti) from Jamia Dar ul Uloom Karachi besides qualification in Dars-e-Nizami. Mufti Zeeshan is recognized as an expert in the field of Insurance and has worked alongside several insurance providers in Pakistan as well as the middle east to structure their Takaful (Islamic Insurance) services. Mufti Zeeshan also works as a specialist in the field of Halal Foods and is working on the development of standards for Halal Food certification in association with Pakistan Standards and Quality Assurance Association

His other affiliations include:

  • Sindh Bank Limited – Member Shariah Board
  • Jubilee Insurance (Takaful) – Shariah Advisor
  • National Investment Trust (NIT) – Shariah Advisor
  • Gulf Halal Centre – Shariah Consultant