Islamic design
FABMISR Internal Sharia Supervisory Committee

Ensuring continuous control and development of our
Islamic Banking Services

FABMISR is supervised from a Shariah perspective by an Internal Shariah Supervision Committee (“ISSC”). The Internal Shariah Supervision Committee undertake the Shariah supervision for all Islamic banking products , services and banking operations at FABMISR .

The ISSC consists of renowned and qualified Shariah scholars who are responsible to review and ensure that all FABMISR’s Islamic banking products, services and operations are in compliance with the Shariah principles.

Dr. Salim Al-Ali
Chairman & Executive Member

Dr. Salim Al-Ali is currently an Assistant Professor in Shari’ah and Islamic Studies at the UAE University. Dr. Salim Al Ali is a specialist in Islamic financial law, and legal and regulatory aspects of Islamic financial markets. He has participated in national and international conferences to address Shari’ah, legal and

External appointments
  • Member of Internal Shari’ah Supervision Committee at Abu Dhabi Commercial Bank (ADCB) - UAE
  • Member of Internal Shari’ah Supervision Committee at Al Hilal Bank - UAE
  • Member of Internal Shari’ah Supervision Committee at Emirates NBD - UAE
  • Member of Internal Shari’ah Supervision Committee at Emirates Islamic Bank - UAE
  • Member of Internal Shari’ah Supervision Committee at HSBC - UAE
  • Member of Internal Shari’ah Supervision Committee at SCB - UAE
  • Member of Internal Shari’ah Supervision Committee at Banque Saudi Fransi, KSA
  • Chairman of Internal Shari’ah Supervision Committee of Ruya Community Islamic Bank.
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Dr. Salim Al-Ali is currently an Assistant Professor in Shari’ah and Islamic Studies at the UAE University. Dr. Salim Al Ali is a specialist in Islamic financial law, and legal and regulatory aspects of Islamic financial markets. He has participated in national and international conferences to address Shari’ah, legal and regulatory issues related to the Islamic banks, Islamic capital markets and Takaful. He has diverse experience in consulting, teaching and academic research in Islamic finance in different jurisdictions including Malaysia, the UAE and the UK.


Education

Dr. Salim Al-Ali holds a Ph.D. in Financial Law from the University of London and a Master’s degree in Islamic Banking and Finance from the International Islamic University of Malaysia.

External appointments
  • Member of Internal Shari’ah Supervision Committee at Abu Dhabi Commercial Bank (ADCB) - UAE
  • Member of Internal Shari’ah Supervision Committee at Al Hilal Bank - UAE
  • Member of Internal Shari’ah Supervision Committee at Emirates NBD - UAE
  • Member of Internal Shari’ah Supervision Committee at Emirates Islamic Bank - UAE
  • Member of Internal Shari’ah Supervision Committee at HSBC - UAE
  • Member of Internal Shari’ah Supervision Committee at SCB - UAE
  • Member of Internal Shari’ah Supervision Committee at Banque Saudi Fransi, KSA
  • Chairman of Internal Shari’ah Supervision Committee of Ruya Community Islamic Bank.
Dr. Mohamad Akram Laldin
Deputy Chairman

Dr. Mohamad Akram Laldin previously served as the Executive Director of the International Shari’ah Research Academy for Islamic Finance (ISRA). Prior to that, he was an Assistant Professor at the International Islamic University, Malaysia (IIUM). He was a Visiting Assistant Professor at the University of Sharjah, Sharjah, United Arab Emirates.

External appointments
  • Chairman of Shari’ah Supervisory Council of Labuan Financial Services Authority
  • Member of Shari’ah Advisory Council (SAC) of Central Bank of Malaysia
  • Member of Shari’ah Advisory Employees Provident Fund (EPF)
  • Member of Shari’ah Advisory Council International Islamic Financial Market (IIFM), Bahrain
  • Member of AAOIFI Public Interest Monitoring Consultative Committee
  • Member of Internal Shari’ah Supervision Committee of Dubai Islamic Bank
  • Member of Internal Shari’ah Supervision Committee of RAK Bank
  • Member of Shari’ah Supervisory Board of Meethaq, Bank Muscat.                                                
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Dr. Mohamad Akram Laldin previously served as the Executive Director of the International Shari’ah Research Academy for Islamic Finance (ISRA). Prior to that, he was an Assistant Professor at the International Islamic University, Malaysia (IIUM). He was a Visiting Assistant Professor at the University of Sharjah, Sharjah, United Arab Emirates. He also has diverse experience in consulting, teaching and academic research in Islamic finance in different jurisdictions including Malaysia, UAE, Oman, Kyrgyzstan, Nigeria and the UK.


Education

Dr. Mohamad Akram Laldin holds a B.A. Honours degree in Islamic Jurisprudence and Legislation from the University of Jordan, Amman, Jordan and a Ph.D. in Principles of Islamic Jurisprudence (Usul al-Fiqh) from the University of Edinburgh, Scotland, United Kingdom.

External appointments
  • Chairman of Shari’ah Supervisory Council of Labuan Financial Services Authority
  • Member of Shari’ah Advisory Council (SAC) of Central Bank of Malaysia
  • Member of Shari’ah Advisory Employees Provident Fund (EPF)
  • Member of Shari’ah Advisory Council International Islamic Financial Market (IIFM), Bahrain
  • Member of AAOIFI Public Interest Monitoring Consultative Committee
  • Member of Internal Shari’ah Supervision Committee of Dubai Islamic Bank
  • Member of Internal Shari’ah Supervision Committee of RAK Bank
  • Member of Shari’ah Supervisory Board of Meethaq, Bank Muscat.                                                
Dr. Ahmed Rufai
Member

Dr. Ahmed Rufai is currently the Head of Shari‘ah Compliance at the International Islamic Financial Market (IIFM), Bahrain. IIFM is a global standard-setting body for the Islamic financial services industry focusing on standardisation of Shari’ah- compliant financial contracts and product templates. He has contributed significantly to the development and publication

External appointments
  • Member of Shari’ah Supervisory Board of Meethaq, Bank Muscat                                                 
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Dr. Ahmed Rufai is currently the Head of Shari‘ah Compliance at the International Islamic Financial Market (IIFM), Bahrain. IIFM is a global standard-setting body for the Islamic financial services industry focusing on standardisation of Shari’ah- compliant financial contracts and product templates. He has contributed significantly to the development and publication of 13 comprehensive documents and product confirmation standards as well as related guidance notes across Liquidity Management, Hedging, Sukuk and Trade Finance. He also contributed notably in preparing discussion papers for IIFM consultative meetings, as well as in the compilation of the IIFM Annual Sukuk Reports. In addition, he plays an active role in seminars, workshops and consultative meetings organised by IIFM in many jurisdictions worldwide.


Education

Dr. Ahmed Rufai holds a Ph.D. in Islamic Law of Transaction from the University of Malaya, Malaysia and a Bachelor’s degree in Shari’ah (i.e., the Islamic Law) from the Islamic University of Madinah, Kingdom of Saudi Arabia.

External appointments
  • Member of Shari’ah Supervisory Board of Meethaq, Bank Muscat                                                 
Dr. Khalid Mohammed AlSaiari
Member

Dr. Khalid bin Mohammed AlSaiari is a distinguished academic and professional with a strong background in Sharia law and legal consultation. Dr. AlSaiari is an active member of various advisory and Shari'ah committees. His research interests are diverse, covering topics such as Islamic finance, risk management in Murabaha and Sukuk,

External appointments
  • Member of Shari'ah Supervisory Board of Saudi National Bank
  • Member of Shari'ah Supervisory Board of SAB Invest
  • Member of Shari'ah Supervisory Board of Saudi Digital Vision Bank
  • Member of Shari'ah Supervisory Board of D360 Digital Bank
  • Member of Shari'ah Supervisory Board of Matajer Finance Company
  • Member of Shari'ah Supervisory Board of Jabal Omar Development Company
  • Member of Shari'ah Supervisory Board of Industrial Development Fund
  • Member of Internal Shari'ah Supervision Committee of Ruya Community Islamic Bank            

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Dr. Khalid bin Mohammed AlSaiari is a distinguished academic and professional with a strong background in Sharia law and legal consultation. Dr. AlSaiari is an active member of various advisory and Shari'ah committees. His research interests are diverse, covering topics such as Islamic finance, risk management in Murabaha and Sukuk, and the development of financing sukuk markets. He has authored numerous research papers on these subjects, contributing to the academic and practical understanding of Sharia-compliant financial practices.

In his academic career, Dr. AlSaiari has been an Associate Professor at the Saudi Electronic University since 2016, contributing significantly to the College of Science and Theoretical Studies. He has also held adjunct professor positions at Imam Muhammad bin Saud Islamic University and the Judicial Training Center, where he taught courses in financial transactions and employment contract law.


Education

Dr. AlSaiari holds a Ph.D. and a Master's degree from the Higher Institute of Judiciary, Imam Muhammad bin Saud Islamic University obtained in 2012 and 2008, respectively, and a Bachelor's degree from the College of Sharia, completed in 2005.

External appointments
  • Member of Shari'ah Supervisory Board of Saudi National Bank
  • Member of Shari'ah Supervisory Board of SAB Invest
  • Member of Shari'ah Supervisory Board of Saudi Digital Vision Bank
  • Member of Shari'ah Supervisory Board of D360 Digital Bank
  • Member of Shari'ah Supervisory Board of Matajer Finance Company
  • Member of Shari'ah Supervisory Board of Jabal Omar Development Company
  • Member of Shari'ah Supervisory Board of Industrial Development Fund
  • Member of Internal Shari'ah Supervision Committee of Ruya Community Islamic Bank            

Mr. Tariq Saeed Bujasaim
Trainee Member

Mr. Tariq Saeed Bujasaim is a UAE national Islamic scholar who works in the Department of Islamic Affairs and Charitable Activities and provides general fatwas to the public concerning different subject of Islamic affairs. He is a Certified Shari'ah advisor and auditor by Accounting and Auditing Organization for Islamic Financial

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Mr. Tariq Saeed Bujasaim is a UAE national Islamic scholar who works in the Department of Islamic Affairs and Charitable Activities and provides general fatwas to the public concerning different subject of Islamic affairs. He is a Certified Shari'ah advisor and auditor by Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).

He worked as an Assistant Director in IT Department of Dubai Islamic Bank in September 1999 before joining Department of Islamic Affairs and Charitable Activities under the Ministry of Islamic Affairs.


Education

  • Bachelor's Degree in Islamic Studies from College of Arabic and Islamic Studies Dubai, UAE
  • Bachelor's Degree in Computer Science from Stanford University California, USA