Consulting - Past and Present

  • The Dow Jones Islamic Market Indexes
    • Chairman and founding member of the Shariah board
    • Provide oversight and certification for over eighty specialized Islamic indexes worldwide
  • Taylor-DeJongh, Member Advisory Board
  • Thomson Reuters, Islamic Interbank Benchmark Rate (IIBR)
    • Chairman, Shariah board
  • Wafra Investment Advisory Group, Inc., NY and Kuwait
    • Chairman, Shariah Board
    • Co-develop, certify, and supervise Islamic investment portfolio including leasing, real estate, private equity, and alternative investment funds
  • Oasis Asset Management, Capetown, South Africa
    • Chair, Shariah Board
    • Develop, certify, and supervise offshore and South African equity funds, REITs, unit trusts and other investment funds
  • Guidance Residential, Virginia, USA
    • Member, Shariah Board
    • Co-develop, certify and supervise Shariah-compliant home finance operation
  • Stanford University, Member, Islamic Studies Development Council
  • Asian Development Bank, Consultant to the  project for the Development of International Prudential Standards for Islamic Financial Services, in cooperation with the Islamic Development Bank and the Islamic Financial Services Board (2005-2006).
  • INCEIF, Appointed in February 2006, Member, International Governing Council, International Centre for Education in Islamic Finance, Malaysia.
  • ISRA, Appointed in 2007 to ISRA, the International Shariah Research Academy established by Bank Negara, the State Bank of Malaysia.
  • AAOIFI - Accounting and Auditing Organization for Islamic Financial Institutions, Member, Shariah Committee
  • Hamdan bin Mohammad eUniversity, Dubai, UAE, Advisory Board Member
  • Abacus Emerging Markets, Shariah Advisor
  • Kotak Mahindra Bank, Kotak Indian Shariah Fund, Singapore
    • Founding Member, Shariah Board
    • Develop, certify, and supervise long-only Indian equity fund
  • FTSE/SGX Islamic Asia 100 Index, Singapore
    • Founding Member, Shariah Board.
  • Bemo Securities (BSEC), Beirut, Lebanon
    • Principal Shariah Advisor
    • Advised on US$70 Million Saudi Arabian Hanco car-rental fleet, recognized as the first non-sovereign Sukuk 
    • Advised on development and certified 2006 US$175 Million Sukuk al-Musharaka
  • Bear Stearns, New York and London
    • Shariah Advisor on Sukuk al-Ijara based on assets in the GCC
  • Sarawak Corporate Issuer Inc.
    • Shariah Advisor on restructuring US$350 Million Sukuk al-Ijara issued for Sarawak Technology Holdings
  • Royal Bank of Scotland/NatWest Bank, London
    • Member, Shariah Board
    • Developed, certified, and supervised Shariah-compliant retail and commercial banking products, including home finance products.
  • Macquarie Securities (Asia) Pte Ltd, Financial Products Group, Singapore
    • Member, Shariah Board
    • Develop, certify, and supervise structured products
  • Bank of Ireland, London
    • Shariah Advisor
    • Co-developed, certified, and supervised Shariah-compliant products and services for retail and commercial banking, including home finance products
  • Royal Bank of Canada, Toronto
    • Member, Shariah Board
    • Co-developed, certified, and supervised Shariah-compliant investment products
  • Morgan Stanley, London
    • Member, Islamic Global Securities Fund Shariah Board
    • Advisor on the development of structured products
  • Societe General Asset Management, London
    • Member, Shariah Board
    • Co-developed, certified, and supervise structured products, including Shariah-compliant principal protection funds
  • Toronto Dominion Securities, Toronto, Canada
    • Shariah Advisor
    • Developed and certified a Shariah-compliant principal-protected investment solution
  • Azzad Funds, Virginia, USA
    • Chairman, Shariah Board
  • iHilal, Dubai
    • Member, Shariah Board for online equity trading platform
  • Nova Bancorp Group, Navigator Funds, Toronto, Canada
    • Shariah Advisor
  • Fortune Management, Zurich, Switzerland
    • Founding Shariah Board Member
    • Develop Shariah-compliant private equity fund
  • Navis Capital Partners/CIMB Muamalat Fund
    • Member, Shariah Board
    • Certify and supervise Asian private equity investments
  • BTU Ventures, Boston and Dubai
    • Shariah Advisor
    • Structured, certified, and supervised segregated energy-related investment vehicles
  • Adeem Islamic Resort Management Fund, Kuwait
    • Founding Member, Shariah Board
    • Supervised fund operations and investments
  • Shape Financial Corp., Virginia, USA
    • Chairman, Ethical Advisory Board
    • Co-developed and supervised Shariah-compliant retail and commercial banking products, including home finance solutions
  • Calyx Islamic Strategist Fund of Funds, New York
    • Founding Member, Shariah Board
    • Structured and certified Shariah-compliant fund of Islamic funds
  • DCD Capital, New York
    • Shariah Advisor
    • Co-developed the first Shariah-compliant trade factoring operation suitable for securitization as Sukuk
  • Barclays Global Investors Southeast Asia Ltd, Singapore
    • Shariah Advisor
  • Brown Brothers Harriman, Islamic Global Equity Fund, New York
    • Developed and certified a Shariah-compliant ETF fund
: Director
  • Appointed by the President of Pakistan as Advisor on Islamic Education to the Govt. of Pakistan, 1981-1984; and to the President’s Task Force on Education, 1981-82.