SMBL SHARIAH BOARD PROFILE - Summit Bank

SMBL SHARIAH BOARD PROFILE

The Shariah Board of Summit Bank Limited consists of the following eminent Shariah scholars:

Mufti Muhammad Najeeb Khan – Chairman Shariah Board

He holds a degree of specialization in Islamic Jurisprudence/Islamic Finance “Takhassus Fil Iftaa”
from Jamia Darul Uloom, Karachi under the supervision of Justice Retd. Mufti Taqi Usmani.

He is a Shariah Advisory Board member of UBL’s – United Composite Islamic Fund and Pak
Oman Islamic Fund. Currently, he is also the Chairman of Sind Bank Shariah Board and Advisor
of ‘Hira Foundation School, Hira Institute of emerging sciences, Centre for Islamic economics’.

He is a Member Shariah Committee for Shariah Standard Pakistan Chapter AAOIFI, and
Committee of Islamic Accounting standards. Additionally, Member of Committee on Accounting
and Auditing Standards for Interest Free Modes of Financing and Investments (ICAP) (From 2003
– till date) , trainer and member of the HALAL committee for Halal standards for the Government
of Pakistan (PSQCR) and Vice Chairman of Technical Committee on Halal Pharma Standards and
a Member of Sindh Food Authority Technical Committee. He is a Chairman Shariah Board of the
Halal Awareness and Research Council (HARC). He is a Syndicate member of NED University
of Engineering and Technology.

He was also a Shariah Board member and trainer for the Committee of Pakistan Accreditation
Council (PNAC) and Ex-Member of Shariah Board of Securities & Exchange Commission of
Pakistan.
As a trainer, he has professional affiliations with the following:

  • NIBAF (SBP)
  • IDB
  • IBA
  • LUMS
  • Karachi University
  • Halal committee of OIC

He is also a member of the Advisory Board for designing Islamic School curriculums in Education – Ummah Relief International – U.S.A, Lecturer – U.M.M.A Centre, Victoria, Australia, Lecturer – Islamic Centre, Monash University, Victoria, Australia, Advisor in Islamic Finance – Various Financial Institutions in Australia, Senior Member of Majlis Ulama – Australia etc.

Mufti Irshad Ahmad Aijaz – Member Shariah Board

Mufti Irshad Ahmad Aijaz graduated from Jamiat-ul-Uloom Islamiyyah, Binnori Town, Karachi.
He completed his Takhassus fil-Iftaa (Specialization in Islamic Jurisprudence and Fatwa) from
Jamia Dar-ul-Uloom, Karachi.

He currently holds certain advisory positions at a number of institutions, including:
Chairman Shariah Board of State Bank of Pakistan (SBP)
Chairman Shariah Board of Securities & Exchange Commission of Pakistan (SECP)
Chairman Shariah Board of Bank Islami Pakistan Limited
Member, AAOIFI Shariah Standard Committee – Karachi
Shariah Advisor of Fortune Islamic Financial Services
Shariah Advisor of Allied Rental Modaraba, Member
Member, Shariah Board of Standard Chartered Bank (Pakistan) Limited
Consultant, Shariah Review Bureau – Bahrain

Prof. Dr. Noor Ahmed Shahtaz – Member Shariah Board

Dr. Noor Ahmed Shahtaz holds a Shahadah Al- Alamia from Tanzem ul Madaris Lahore. M.A
(Islamic Studies), M.A (Arabic), LL.B from University of Karachi. He has done Ph.D. in Islamic
Studies from Karachi University on the topic of Hudood System of Punishment. (from Karachi
University).

He is member of Shariah Advisory Board, at State Bank of Pakistan.

Dr. Shahtaaz has 20 years of experience in Darul Ifta and 27 years of teaching experience in the
University of Karachi, Sheikh Zayed Islamic Research Centre, and 5 years in different universities,
madarsas, institutions, etc.

He had been a member of the Council of Islamic Ideology Govt. of Pakistan for three years and a
members of the Pakistan Halal Authority Govt. of Pakistan.
He is a Registered Sharia Advisor with the SECP.

At present, he is Sheikh ul Hdith (teaching Hadith Sharif ) in Darul Uloom Hanfia Tariq Road,
Karachi.

Mufti Bilal Ahmed Qazi – Member Shariah Board

Mufti Bilal Ahmed Qazi has done his Al-Aalamiyyah (a degree recognized by the Higher
Education Commission Pakistan as a Masters in Arabic and Islamic Studies) in 2003 from Jamiahtul-Uloom Ul-Islamiyah, Banori Town. Then he completed his specialization in Islamic
Jurisprudence (Takhassus Fil Iftaa) from Jamia Darululoom Karachi. He has completed his MBA
from IBA (Institute of Business Administration), Karachi, Pakistan. He has been working as a
member of the Darul Ifta Jamia Darululoom Karachi.
He also holds advisory positions at:
Member Shariah Board Soneri Bank Limited

Mufti Syed Zubair Hussain – Resident Shariah Board Member

He has done his Al-Aalamiyyah (a degree recognized by the Higher Education Commission
Pakistan as a Masters in Arabic and Islamic Studies) in 2006 from Jamiah Dar ulUloom Karachi.
He has completed his MBA in Finance from University of Karachi in 2009.

He also holds degree of specialization in Islamic Jurisprudence/Islamic Finance “Takhassus Fil
Iftaa”. Syed Zubair Hussain has been working in the field of Islamic Banking and Finance since
2010 in various capacities. He has been associated with Summit Bank since 2015 overseeing the
Shariah Compliance function of the bank. He is actively involved in all Shariah Compliance
matters and critically supervises and guides for all Shariah compliance queries to branches &
departments.

He is also a CSAA (Certified Shariah Advisor & Auditor) from AAOIFI (Accounting & Auditing
Organization for Islamic Financial Institutions), an international certification.

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Last Updated 2022-07-01


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