INTERNAL SHARI’AH SUPERVISORY COMMITTEE

Profile

United Arab Bank Islamic Banking caters for the needs of retail, corporate and investment banking clients with a wide range of Shari'ah compliant innovative products and services. The credibility and strength of these products and services are endorsed by the UAB Islamic Banking Internal Shari'ah Supervisory Committee.

The Internal Shari'ah Supervisory Committee is entrusted with the duty of providing advice and procedures relating to individuals and company transactions to ensure that the UAB Islamic Banking etiquettes are consistent with the principles of Islamic jurisprudence.

UAB Islamic Banking Internal Shari'ah Supervisory Committee (ISSC) comprises leading & prominent scholars in the field of Islamic commercial jurisprudence. The current members of UAB Islamic Banking ISSC are:

Sheikh Moosa Tariq Khoory

Chairman and Executive Member of Internal Shariah Supervisory Committee

Sheikh Moosa Khoory is currently a member of various Sharia boards and committees in a number of Islamic banks, Takaful companies and a financial market entity in the UAE. He is also the Founder of the ‘Sharia Professionals Association’. Sheikh Moosa is the former Chairman of the Internal Sharia Audit Committee (ISAC) at UAE’s Banks Federation (UBF), and a former member of AAOIFI’s Governance and Ethics Board and AAOIFI’s Education Board. He is also an Islamic financial arbitrator and a member in a couple of schools’ Board of Governors and universities’ Consultancy Councils in the UAE. He holds dual Master’s degrees in Islamic Law & Legal Theory from University of Sharjah and Masters in International Business Law from Paris 2 University.

Sheikh Dr Aziz bin Farhan Al Anzi

Member of Internal Shari`ah Supervisory Committee

Sheikh Dr. Aziz Al Enezi was born in Saudi Arabia in 1967. He is a PhD holder in Islamic Jurisprudence from King Saud University in Riyadh. He is also a member of Sharjah Permanent Board of Fatwa, Shari’ah consultant for Awqaf Department in Sharjah, member of Supreme Board of Promulgation of Awqaf Law in Sharjah, Chairman of the Arbitration Board of Sharjah Institute for Holy Quran and Sunna, Chairman of the Academic and Da’wah Board at Sheikh Hamdan Heritage Center in Dubai, and Sharjah Electricity & Water “Rahma” Committee. He is also an associate lecturer at Shari’ah College, University of Sharjah, Al Qasimia University of Sharjah, Dar Al Ber of Dubai, and Sharjah Police Academy. He is an author of many books such as: Conclusion of Disposal of Ill-Gotten Funds, Provisions of Occupation and Its Eff¬ects in Islamic Jurisprudence, Issues of Scholarly Consensus related to Will and Inheritance, and many other books besides several books being under printing.

Syah Nazrin Hashim

Head of Shari’ah Control and Secretary to the Internal Shari’ah Supervisory Committee

Syah Nazrin holds a Bachelor’s degree in Shariah from Yarmouk University, Jordan and was also conferred with dual Master’s degrees in Islamic Jurisprudence and its Legal Theory (Fiqh and Usul Fiqh) and Masters of Laws (LLM) from International Islamic University in Malaysia under the Central Bank of Malaysia’s Scholarship Award.

He is a Certified Shariah Advisor and Auditor by Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) as well as a Shariah professional banker with over 13 years of global banking experience. He currently holds the position of the Head of Sharia Control and the Secretary to the Internal Shariah Supervisory Committee (ISSC) of United Arab Bank (UAB). He is also a member of Association of Shariah Advisors in Islamic Finance (ASAS) and had successfully completed the Certified Qualification in Islamic Finance (CQIF) programme from Islamic Banking & Finance Institute Malaysia (IBFIM). Prior to joining UAB, he worked in the world’s largest Islamic banks, Al Rajhi Bank and Dubai Islamic Bank (DIB).