Zayan Finance Shari'ah Compliance Information

Zayan Finance is a cutting-edge innovator of Shari'ah compliant financial solutions. We provide access to capital structured by bankers and financial services professionals that understand commercial real estate and are dedicated to developing Shari'ah-compliant finance in the United States. As a Shari'ah-compliant provider, we ensure a level of ethics and sound solutions unmatched in conventional commercial real estate financing - and the peace of mind that comes with financing that conforms to your values.

Recognized authorities, ensured compliance

Zayan Finance's Shari'ah supervisors are recognized Islamic finance authorities that serve on the Shari'ah Boards of many of the world's leading banks and financial institutions. To ensure Shari'ah compliance from the application through closing, our supervisory Board guides Zayan Finance's development of financial solutions and independently reviews Zayan Finance contracts.

• Dr. Abdul Sattar Abu Ghuddah holds a PhD in Islamic Law from Al Azhar University in Cairo, Egypt, one of the world's most respected institutions of Islamic learning. Dr. Abu Ghuddah is also a member of the Shari'ah Board of the Accounting & Auditing Standards Board of Islamic Financial Institutions (AAOIFI).

• Dr. Muhammad Imran Ashraf Usmani holds M. Phil and PhD degrees in Islamic Finance and graduated as a scholar from Jamia Darul Uloom in Karachi, Pakistan. Dr. Usmani's book, Meezan Bank's Guide to Islamic Banking, has become a standard text in understanding Islamic Banking. He is the son of the renowned Justice (Retired) Taqi Usmani, a pioneer in the field of Islamic Finance.

• Shaikh Esam Ishaq holds a degree in Political Science from McGill University, Canada. He is currently teaching Islamic Law and Theology in Bahrain and is recognized as an emerging leader in the discipline of Islamic Finance. Shaikh Ishaq serves on the Boards of major Islamic financial institutions including Arcapita Bank, AAOIFI, and Al Baraka Islamic Bank

The Declining Balance Program - Integrity in Financing

Employing the Diminishing Partnership (Musharaka Mutanaqisa) model of Islamic financing, Zayan Finance introduces a fresh new way of doing business. By financing properties through a co-ownership structure rather than a loan, Zayan enables commercial real estate financing that is practical and completely Shari'ah compliant. That's why we focus on client relationships. Ensuring what is right for our clients, and working step-by-step throughout the process is our mission.

That is the very cornerstone of Shari'ah compliance and what makes Zayan Finance a true partner with our clients.

Dr. Abdul Sattar Abu Ghuddah, Chairman
Dr. Abdul Sattar Abu Ghuddah holds a PhD in Islamic Law from Al Azhar University in Cairo, Egypt, one of the world's most respected institutions of Islamic learning. Dr. Abu Ghuddah is an active member of the Islamic Fiqh Academy in Saudi Arabia. He is also a member of the Shari'ah Board of the Accounting & Auditing Standards Board of Islamic Financial Institutions (AAOIFI) in Bahrain, the industry's independent standards body that prepares accounting, governance, and Shari'ah guidelines for Islamic financial institutions.

Dr. Abu Ghuddah teaches Islamic Law (Fiqh), Islamic studies and Arabic in Riyadh, Saudi Arabia. In addition, he contributed to the compilation of the Fiqh Encyclopedia at the Ministry of 'Awqaf' (Endowments) and Islamic Affairs in Kuwait and was a member of its prestigious 'Fatwa' Board from 1982 to 1990.

His other positions currently include:

Member, Shari'ah Board, Dow Jones Islamic Market Indexes, USA

Member, Shari'ah Board, Union Bank of Switzerland (UBS), Switzerland

Member, Shari'ah Board, Saudi American Bank, Saudi Arabia

Member, Shari'ah Board, Guidance Financial Group, USA

Member, Shari'ah Board, Accounting and Auditing Organization of

Islamic Financial Institutions (AAOIFI), Bahrain

Member, Shari'ah Supervisory Board, First Islamic Investment Bank, Bahrain

Member, Shari'ah Board, Meezan Bank, Pakistan

Dr. Muhammad Imran Ashraf Usmani
Dr. Muhammad Imran Ashraf Usmani holds M. Phil and PhD degrees in Islamic Finance and graduated as a scholar from Jamia Darul Uloom in Karachi, Pakistan. He also specialized in Islamic Jurisprudence at the same institution.

Dr. Usmani is internationally renowned for conducting training sessions and seminars around the world in the area of Islamic finance and has been the resident scholar in the area of Islamic Law (Fiqh) at Jamia Darul-Uloom in Karachi, Pakistan since 1998. Dr. Usmani's book Meezan Bank's Guide to Islamic Banking has become a standard text in understanding Islamic Banking. He is the son of the renowned Justice (Retired) Taqi Usmani, a pioneer in the field of Islamic Finance.

His other positions currently include:

Member, Shari'ah Supervisory Board, Credit Suisse Bank, Switzerland

Member, Shari'ah Board, Lloyds TSB Bank, UK

Member, Central Shari'ah Committee, HSBC Amanah, Global

Shari'ah Advisor, ABN AMRO Bank, Global

Member, Shari'ah Supervisory Board, AIG Insurance Company, USA

Shari'ah Advisor / Member of Shari'ah Supervisory Board, Japan Bank

for International Cooperation, Japan

Shari'ah Advisor, DCD Financial Group, UK

Shari'ah Advisor and Shari'ah Board Secretary, Guidance Financial Group, USA

Member, Shari'ah Board, State Bank of Pakistan

Shari'ah Advisor, Meezan Bank, Pakistan

Member, Shari'ah Supervisory Board, Pak Kuwait Takaful

Company Ltd., Pakistan

Member, Shari'ah Board, Future Growth Equity Fund, South Africa

Executive Director, Jamia Darul Uloom Karachi, Pakistan

Shaikh Esam Ishaq
Shaikh Esam Ishaq holds a degree in Political Science from McGill University, Canada. He is currently teaching Islamic Law and Theology in Bahrain and is recognized as an emerging leader in the discipline of Islamic Finance.

Shaikh Ishaq serves on the Boards of major Islamic financial institutions including Arcapita Bank, AAOIFI, and Al Baraka Islamic Bank.

His other positions currently include:

Member, Technical Committee for Interpretation and Application of Standards,

Accounting and Auditing Organization of Islamic Financial Institutions (AAOIFI),

Bahrain

Member, Shari'ah Board, Arcapita Bank, USA

Member, Shari'ah Board, Al Baraka Islamic Bank, Bahrain

Shari'ah Advisor, Bahrain Development Bank, Bahrain

Member, Shari'ah Board, Meezan Bank, Pakistan

Member, Consultative Council, Kingdom of Bahrain (First Legislative turn)

Director, Middle East Traders, Bahrain

Director, Zawaya Property Development, Bahrain


	Zayan Finance is a cutting-edge innovator of Shari'ah compliant financial solutions. We provide access to capital structured by bankers and financial services professionals that understand commercial real estate and are dedicated to developing Shari'ah-compliant finance in the United States. As a Shari'ah-compliant provider, we ensure a level of ethics and sound solutions unmatched in conventional commercial real estate financing - and the peace of mind that comes with financing that conforms to your values. Recognized authorities, ensured compliance Zayan Finance's Shari'ah supervisors are recognized Islamic finance authorities that serve on the Shari'ah Boards of many of the world's leading banks and financial institutions. To ensure Shari'ah compliance from the application through closing, our supervisory Board guides Zayan Finance's development of financial solutions and independently reviews Zayan Finance contracts. • Dr. Abdul Sattar Abu Ghuddah holds a PhD in Islamic Law from Al Azhar University in Cairo, Egypt, one of the world's most respected institutions of Islamic learning. Dr. Abu Ghuddah is also a member of the Shari'ah Board of the Accounting & Auditing Standards Board of Islamic Financial Institutions (AAOIFI). • Dr. Muhammad Imran Ashraf Usmani holds M. Phil and PhD degrees in Islamic Finance and graduated as a scholar from Jamia Darul Uloom in Karachi, Pakistan. Dr. Usmani's book, Meezan Bank's Guide to Islamic Banking, has become a standard text in understanding Islamic Banking. He is the son of the renowned Justice (Retired) Taqi Usmani, a pioneer in the field of Islamic Finance. • Shaikh Esam Ishaq holds a degree in Political Science from McGill University, Canada. He is currently teaching Islamic Law and Theology in Bahrain and is recognized as an emerging leader in the discipline of Islamic Finance. Shaikh Ishaq serves on the Boards of major Islamic financial institutions including Arcapita Bank, AAOIFI, and Al Baraka Islamic Bank The Declining Balance Program - Integrity in Financing Employing the Diminishing Partnership (Musharaka Mutanaqisa) model of Islamic financing, Zayan Finance introduces a fresh new way of doing business. By financing properties through a co-ownership structure rather than a loan, Zayan enables commercial real estate financing that is practical and completely Shari'ah compliant. That's why we focus on client relationships. Ensuring what is right for our clients, and working step-by-step throughout the process is our mission. That is the very cornerstone of Shari'ah compliance and what makes Zayan Finance a true partner with our clients. Dr. Abdul Sattar Abu Ghuddah, Chairman Dr. Abdul Sattar Abu Ghuddah holds a PhD in Islamic Law from Al Azhar University in Cairo, Egypt, one of the world's most respected institutions of Islamic learning. Dr. Abu Ghuddah is an active member of the Islamic Fiqh Academy in Saudi Arabia. He is also a member of the Shari'ah Board of the Accounting & Auditing Standards Board of Islamic Financial Institutions (AAOIFI) in Bahrain, the industry's independent standards body that prepares accounting, governance, and Shari'ah guidelines for Islamic financial institutions. Dr. Abu Ghuddah teaches Islamic Law (Fiqh), Islamic studies and Arabic in Riyadh, Saudi Arabia. In addition, he contributed to the compilation of the Fiqh Encyclopedia at the Ministry of 'Awqaf' (Endowments) and Islamic Affairs in Kuwait and was a member of its prestigious 'Fatwa' Board from 1982 to 1990. His other positions currently include: Member, Shari'ah Board, Dow Jones Islamic Market Indexes, USA Member, Shari'ah Board, Union Bank of Switzerland (UBS), Switzerland Member, Shari'ah Board, Saudi American Bank, Saudi Arabia Member, Shari'ah Board, Guidance Financial Group, USA Member, Shari'ah Board, Accounting and Auditing Organization of Islamic Financial Institutions (AAOIFI), Bahrain Member, Shari'ah Supervisory Board, First Islamic Investment Bank, Bahrain Member, Shari'ah Board, Meezan Bank, Pakistan Dr. Muhammad Imran Ashraf Usmani Dr. Muhammad Imran Ashraf Usmani holds M. Phil and PhD degrees in Islamic Finance and graduated as a scholar from Jamia Darul Uloom in Karachi, Pakistan. He also specialized in Islamic Jurisprudence at the same institution. Dr. Usmani is internationally renowned for conducting training sessions and seminars around the world in the area of Islamic finance and has been the resident scholar in the area of Islamic Law (Fiqh) at Jamia Darul-Uloom in Karachi, Pakistan since 1998. Dr. Usmani's book Meezan Bank's Guide to Islamic Banking has become a standard text in understanding Islamic Banking. He is the son of the renowned Justice (Retired) Taqi Usmani, a pioneer in the field of Islamic Finance. His other positions currently include: Member, Shari'ah Supervisory Board, Credit Suisse Bank, Switzerland Member, Shari'ah Board, Lloyds TSB Bank, UK Member, Central Shari'ah Committee, HSBC Amanah, Global Shari'ah Advisor, ABN AMRO Bank, Global Member, Shari'ah Supervisory Board, AIG Insurance Company, USA Shari'ah Advisor / Member of Shari'ah Supervisory Board, Japan Bank for International Cooperation, Japan Shari'ah Advisor, DCD Financial Group, UK Shari'ah Advisor and Shari'ah Board Secretary, Guidance Financial Group, USA Member, Shari'ah Board, State Bank of Pakistan Shari'ah Advisor, Meezan Bank, Pakistan Member, Shari'ah Supervisory Board, Pak Kuwait Takaful Company Ltd., Pakistan Member, Shari'ah Board, Future Growth Equity Fund, South Africa Executive Director, Jamia Darul Uloom Karachi, Pakistan Shaikh Esam Ishaq Shaikh Esam Ishaq holds a degree in Political Science from McGill University, Canada. He is currently teaching Islamic Law and Theology in Bahrain and is recognized as an emerging leader in the discipline of Islamic Finance. Shaikh Ishaq serves on the Boards of major Islamic financial institutions including Arcapita Bank, AAOIFI, and Al Baraka Islamic Bank. His other positions currently include: Member, Technical Committee for Interpretation and Application of Standards, Accounting and Auditing Organization of Islamic Financial Institutions (AAOIFI), Bahrain Member, Shari'ah Board, Arcapita Bank, USA Member, Shari'ah Board, Al Baraka Islamic Bank, Bahrain Shari'ah Advisor, Bahrain Development Bank, Bahrain Member, Shari'ah Board, Meezan Bank, Pakistan Member, Consultative Council, Kingdom of Bahrain (First Legislative turn) Director, Middle East Traders, Bahrain Director, Zawaya Property Development, Bahrain
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