Muhammad  Abdullah, Resident Shariah Board Member

Muhammad Abdullah

Resident Shariah Board Member

Faysal Bank Limited

Location
Pakistan - Karachi
Education
Master's degree, General History
Experience
15 years, 0 Months

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Work Experience

Total years of experience :15 years, 0 Months

Resident Shariah Board Member at Faysal Bank Limited
  • Pakistan - Karachi
  • My current job since October 2018

Key Responsibilities: as mentioned in Shariah Governance Framework for Islamic Banking Institutions issued by Islamic Banking Department of State Bank of Pakistan vide IBD Circular No. 01 of 2018 dated on June 07, 2018
Resident Shariah Board Member (RSBM):
1. Attend meeting with Shariah Board (SB) and BOD as per the requirement
2. Oversee the procedures to be adopted for implementation of the resolutions, pronouncements and fatawa of the SB and provide guidance thereon with consultation of SB,
3. Provide explanation/clarification to management on products, documents, process flows and on other operational Shariah related matters,
4. Guide the SCD in conducting Shariah compliance reviews of key business areas on a test check basis.
5. Facilitate the SCD and Training Department in designing and conducting training activities.
6. Provide guidance to the Bank regarding the Shariah aspects of new products /ideas as and when required,
7. Respond to Shariah related queries of Bank's staff and clients regarding Islamic banking's products and services as and when required,
8. Submit a quarterly report to the SB, for ratification, of all the material explanations/clarifications provided on products, services, documents, process flows and other operational Shariah related issues
9. Maintain good / healthy relationship with Local Shariah Scholars,
10. Attend meeting, seminars etc. invited by SBP and other Local Islamic Financial Institutions / Experts

Shariah Advisor of the Transactions as per SECP Regulations at Miscellaneous Corporate Institutions
  • Pakistan - Karachi
  • My current job since July 2019

Appointed as Shariah Advisor of the transactions for K- Electric Limited to issue various Islamic Commercial Paper (ICPs) & Short Terms Sukuk (STSs) and for Azgard Nine Limited to Issue Islamic Sukuk, subsequently, reviewed and approved Shariah Structure, Legal & Transactional Agreements, provide Shariah consultancy, responds regulator, Industry, other stakeholder’s queries and issue Shariah compliance certificate etc.

Lecturer (Visiting Faculty) at IQRA University
  • Pakistan - Karachi
  • January 2018 to June 2019

Teaching following course to MBA/BBA students;
1. Essentials for Islamic Modes of Financing,
2. Islamic Banking & Applied Finance,
3. Islamic Financial Regulatory Framework and Standards,
4. Islamic Law of Contract & Takaful, and
5. Islamic Financial Participatory Products and Structuring

Head-Shariah Compliance at Standard Chartered - Pakistan
  • Pakistan - Karachi
  • August 2014 to September 2018

Key Responsibilities:
1. Shariah Compliance Review,
2. Training on Shariah Compliance,
3. Secretariat of Shariah Board,
4. Conduit between Management and Shariah Board / Shariah Advisor (Previously),
5. Enforcement of corrective action provided by Shariah Board,
6. Other Functions,

Resident Shariah Board Member at Standard Chartered - Pakistan
  • Pakistan - Karachi
  • July 2015 to September 2018

Key Responsibilities: as mentioned in Shariah Governance Framework for Islamic Banking Institutions issued by Islamic Banking Department of State Bank of Pakistan vide IBD Circular No. 01 of 2015 dated on April 07, 2015
Resident Shariah Board Member (RSBM):
1. Attend meeting with Shariah Board (SB) and BOD,
2. Oversee the procedures to be adopted for implementation of the resolutions, pronouncements and fatawa of the SB and provide guidance thereon with consultation of SB,
3. Provide explanation/clarification to management on products, documents, process flows and on other operational Shariah related matters,
4. Provide guidance to the Bank regarding the Shariah aspects of new products /ideas,
5. Respond to Shariah related queries of Bank's staff and clients regarding Islamic banking products and services,
6. Submit a quarterly report to the SB, for ratification, of all the material explanations/clarifications provided on products, services, documents, process flows and other operational Shariah related issues
7. Attend meeting, seminars etc. invited by SBP and other Local Islamic Financial Institutions / Experts

Lecturer at National University of Computer & Emerging Sciences/NUCES- FAST
  • Pakistan - Karachi
  • August 2012 to August 2014

Taught following courses to the Students of Computer Science, Electrical Engineering and Management Sciences:
1. Islamic & Religious Studies,
2. History of Pakistan / Pakistan Studies,
3. Business Finance,
4. Principles of Marketing, and
5. Sociology,

Lecturer (Visiting Faculty) at DHA Suffa University
  • Pakistan - Karachi
  • October 2013 to December 2013

Taught Islamic Studies to Students of Computer Science & Computer System Engineering,

Lecturer (Visiting Faculty) at Usman Institute of Technology Karachi- UIT- Hamdard University
  • Pakistan - Karachi
  • April 2013 to July 2013

Teaching Organizational Behavior to Students of Computer Science, Computer System, Electronics and Electrical Engineering,

Assistant Manager -Shariah Compliance at Al Baraka Bank (Pakistan) Limited
  • Pakistan - Karachi
  • December 2009 to August 2012

Key Responsibilities:
1. Shariah Compliance including conducting Shariah reviews, Trainings etc.
2. Regulatory Banking Compliance,
3. Products and Manuals Development,
4. Structuring Finances including engagement with business team in their day to day Shariah specific activities,
5. Coordination with Shariah Auditor, Reviewers, SBP Inspectors,
6. Translation into Arabic, English & Urdu,

Secondary Teacher at Royal Grammar School
  • Pakistan - Karachi
  • December 2009 to December 2011

Key Responsibilities:
1.Teaching Islamic Studies to All Secondary Level Students
2.Teaching Arabic Language to All Secondary Level Students
3.Teaching Holy Quran to All Secondary Level Students

Teaching Staff at Group of Ali Ali Schools (Cambridge Section)
  • Pakistan - Karachi
  • August 2009 to November 2009

Key Responsibilities:
1. Teaching Islamic Studies to All “O” Level Students & Grade 4 & Grade 5
2. Teaching Economics to “O” Level Students
3. Teaching Accounting to “O” Level Students
4. Teaching Mathematics to Grade 5

Internee at emirates global islamic bank limited (egibl)
  • Pakistan - Karachi
  • May 2009 to July 2009

Internship at Shariah Compliance Department

Education

Master's degree, General History
  • at University Of Karachi
  • January 2020
Master's degree, History
  • at Federal Urdu University Of Arts
  • November 2018
Master's degree, Muslim History
  • at University of Sindh
  • July 2010
Master's degree, Islamic Studies
  • at Federal Urdu University
  • October 2009
Diploma, Specialization in Islamic Jurisprudence
  • at JAMIA DARULULOOM RASHEEDIA
  • August 2009

TAKHASUS-FIL-FIQH-IL-ISLAMI - (Mufti) - (Specialization in Islamic Jurisprudence)

Master's degree, Arabic
  • at University of Karachi
  • July 2009
Master's degree, Economics & Finance
  • at University of Karachi
  • June 2008
Master's degree, Islamic Studies and Arabic
  • at WIFAQ-UL-MADARIS-AL-ARABIA
  • October 2005

SHAHADATUL ALMIYA (Equivalency of Degree: MA Islamic Studies and Arabic awarded by University of Karachi & Higher Education Commission – Pakistan)

Specialties & Skills

History
Informatics
Mathematics
Economics
Translation of English into Arabic
Auto Islamic Banker (AIB)
MS Office
Translation of Arabic into English
Inpage Urdu

Languages

Arabic
Expert
English
Expert
Urdu
Expert

Training and Certifications

Diploma in Comparative Religion (Certificate)
Date Attended:
October 2005
Diploma in Islamic Banking and Finance (Certificate)
Date Attended:
April 2008
Certificate of Director Education (Certificate)
Date Attended:
January 2020
Certified Shari'a Adviser and Auditor (CSAA) (Certificate)
Date Attended:
June 2022