Fatwas

Fatwas

ISSC issues fatwas and resolutions that are binding upon Emirates NBD.
Know more
Profit Rates

Mudaraba Profit Rates

Stay informed about the latest Emirates NBD ISLAMIC Profit Rates.
View Mudaraba Profit Rate

Internal Shari’ah Supervision Committee

The Shari'ah governance process is managed through a three-lines of defense approach with an Islamic window, an Internal Shari'ah control unit and an Internal Shari'ah Audit unit. These units ensure Emirates NBD’s Internal Shari'ah Supervision Committee (“ISSC”) is the Bank’s main Shari’ah governance officer. The ISSC operates in accordance with the requirements of the CBUAE and undertakes supervision of all Shari'ah-compliant businesses, activities, products and services. ISSC issues fatwas and resolutions that are binding upon Emirates NBD.
Prof dr Mohammad Abdul Rahim Sultan Al Olama

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama

Chairman, Executive member

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama is a professor of jurisprudence and its fundamentals at the College of Law at the United Arab Emirates University in Al Ain, in addition to being a certified expert in financial affairs concerning compliance with Islamic Shari’ah principles. Notably, he leads the Shari’ah committee at the Zakat Fund in the United Arab Emirates.

Know more
Dr Mohamed Ali Elgari

Dr. Mohamed Ali Elgari

Dr. Elgari holds the distinction of being a Former Professor of Islamic Economics at King Abdulaziz University, Jeddah, Saudi Arabia, and Former Director of the Center for Research in Islamic Economics, at the same university. He is an Expert at the Islamic Jurisprudence Academy of the OIC and the Islamic Jurisprudence Academy of the Islamic World League.

Know more
Dr Salim Ali Al Ali

Dr. Salim Ali Al-Ali

Dr. Salim Ali Al-Ali is an assistant professor at the Department of Shari’ah and Islamic Studies at the College of Law at the United Arab Emirates University, where he teaches a spectrum of courses related to Islamic law and Islamic banking. He was educated in the United Kingdom, where he received his PhD in Financial Law from the University of London.

Know more
Dr Muhammad Qaseem

Dr. Muhammad Qaseem

Dr. Muhammad Qaseem is a well-known Shariah scholar and Islamic banking expert. He is a member of the Governance and Ethics Board of AAOIFI. He is also a member of the ISSC of Dubai Islamic Bank, Emirates Islamic, Emirates NBD and some other institutions. Dr. Qaseem has served the Islamic banking industry since 2005 in various capacities such as Shari’ah Board member of Central Bank of Pakistan, DFM, ADCB and many other Islamic banks.

Know more

Dr. Salim Ali Al-Ali

Dr. Salim Ali Al-Ali is an assistant professor at the Department of Shari’ah and Islamic Studies at the College of Law at the United Arab Emirates University, where he teaches a spectrum of courses related to Islamic law and Islamic banking. He was educated in the United Kingdom, where he received his PhD in Financial Law from the University of London. He holds a Bachelor’s in Shari’ah (Jurisprudence and its Fundamentals) and a Master’s in Islamic Banking and Finance. Dr. Al-Ali was also a part-time lecturer for the LLM program at the BPP Law School, BPP University, based in London, where he lectured on a broad spectrum of jurisprudence matters, including Islamic, English, and comparative laws.

Apart from his academic experience, he is a member of the internal Shari’ah Supervisory Committee for a number of institutions offering Islamic financial services including Emirates NBD, HSBC, and Abu Dhabi First Bank. He participated in a number of international conferences on various issues pertaining to the law of Islamic finance, Islamic financial products, and the legal and regulatory aspects of developing Islamic financial markets, including those held by Harvard University and the University of Cambridge. He is an author of a book titled ‘Raising Capital on Sukuk Markets: Structural, Legal and Regulatory Issues’.

Dr. Muhammad Qaseem

Dr. Muhammad Qaseem is a well-known Shari’ah scholar and Islamic banking expert. He is the Chairman of the Shari’ah Board of Deutsche Bank Malaysia and Emaan Islamic Banking of Silk Bank Ltd. He is also a member of the ISSC of Dubai Islamic Bank, ENBD and some other institutions. Dr. Qaseem has also served as Shari’ah Board member of Central Bank of Pakistan, DFM, ADCB and many other Islamic banks.

Dr. Qaseem has taught in International Islamic University of Islamabad for more than 2 decades. He has contributed immensely to the growth and regulation of the Islamic banking industry in various capacities. He has also made valuable efforts for dissemination of Islamic banking knowledge through lectures, trainings, seminars, conferences and workshops. He has written numerous articles on Islamic banking issues and developed policies and manuals for Islamic banks.

Dr. Amin Fateh

Dr. Amin Fateh holds a bachelor’s and Master’s in honourable Hadith, and a PhD in Islamic studies. He has been part of the Islamic Banking industry ever since its early stages in 1988, initially contributing to the Shari’ah compliance function of Kuwait Finance House. Across the years he has work with many of the most prominent Shari’ah scholars in the field. For more than a decade he has lead Islamic Shari’ah advisory Minhaj. He is currently a member of a number of Shari’ah Boards and committees in the UAE and across the world, including ENBD-Islamic, EIB and the AAOIFI Shari’ah Committee in the UAE. He lectured in many universities and is a profound bilingual Islamic Finance trainer who has provided many Islamic Finance training courses across the world.

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama is a professor of jurisprudence and its fundamentals at the College of Law at the United Arab Emirates University in Al Ain, in addition to being a certified expert in financial affairs concerning compliance with Islamic Shari’ah principles. Notably, he leads the Shari’ah committee at the Zakat Fund in the United Arab Emirates.

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama has published books and articles on various jurisprudential topics, particularly Islamic banking in its contemporary form. He has also presented a series of research papers in various international forums and conferences related to this sector. He is a member of a number of Fatwa and Shari’ah supervisory boards for Islamic financial institutions and Takaful companies. These include Emirates Islamic Bank, Dubai Islamic Bank, Takaful House and Mawarid Finance Company.

Prof. Dr. Mohammad Abdul Rahim Sultan Al Olama holds a PhD in Comparative Islamic Jurisprudence from Umm Al-Qura University in Makkah Al-Mukarramah, in the Kingdom of Saudi Arabia.

Dr. Mohamed Ali Elgari

Dr. Elgari holds the distinction of being a Former Professor of Islamic Economics at King Abdulaziz University, Jeddah, Saudi Arabia, and Former Director of the Center for Research in Islamic Economics, at the same university. He is an Expert at the Islamic Jurisprudence Academy of the OIC and the Islamic Jurisprudence Academy of the Islamic World League. Dr. Elgari is also a member of the Board of Trustees of AAOFI as well as their Shari’ah counsel. He is a distinguished member of the editorial board of several academic publications in the field of Islamic Finance and Jurisprudence.

Dr. Elgari is also chairman and member of numerous Shari’ah boards of Islamic banks and Takaful companies worldwide. He has authored several books in Islamic finance and has published tens of articles on the subject, both in Arabic and English. Dr. Elgari is also a frequent speaker at conferences worldwide. He holds a PhD from the University of California.

Thank you for your feedback!

How was your experience?

We'd love to know.

1 = Poor, 10 = Excellent
Website Settings
Emirates NBD Arabic : العربية
Emirates NBD on Social
You are currently browsing

Personal Banking

Personal Banking

Private Banking

Private Banking

Business Banking

Business Banking

Priority Banking

Priority Banking

Corporate & Institutional

Corporate & Institutional

About us

About us

Islamic

Islamic
Other segments

About us

About us

Product Documents

Product Documents

Helpful links

Helpful links

Customer support

Customer support

Download our Apps

Download our Mobile App

Bank securely anytime and from anywhere

Download our More App
Download our more from Emirates NBD App

More fun, more rewards

Download the businessONLINE X Mobile App
Download our businessONLINE X Mobile App

Manage your business finances on-the-go

Copyright © 2025

Emirates NBD Bank (P.J.S.C.) is licensed by the Central Bank of the UAE, Baniyas Road, Deira, P.O. Box: 777, Dubai, UAE

Footer Settings