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Shariah Committee

Comittee composition, Committe structure and accountability, mandate

HDFC Amna department is managed and systematized to ensure proper Shari’ah governance mechanisms both within the department and among its stakeholders. A Shari'ah Committee consisting of three members was established to advise the Board of Directors of HDFC on Shari'ah related matters. The members of the Shariah Committee are:

Dr Ibrahim Zakariyya Moosa (Chairman) holds a PhD in Fiqh and Usulul Fiqh and a M.A in Islamic Revealed Knowledge from International Islamic University Malaysia. He obtained his Bachelor’s Degree in Islamic Shariáh from Islamic University of Medina, Saudi Arabia. Currently he is the Rector of College of Islamic Studies.

Assoc. Professor Dr Rusni Hassan, is an Associate Professor at the Ahmad Ibrahim Kulliyyah of Laws (AIKOL), International Islamic University Malaysia (IIUM). She graduated with LLB (Honours) and LLB (Shariah) (First Class), Master of Comparative Laws (MCL) and Ph.D. in Law. Her area of specialization includes Islamic Banking, Finance and Islamic Documentations, Islamic Capital Market, Takaful and Islamic Law of Transactions. She is a Board Member and PhD Selection Committee at IIUM Institute of Islamic Banking and Finance. Presently she is a member of Shariah Advisory Council of Central Bank of Malaysia (Bank Negara Malaysia).

Dr Aishath Muneeza, is currently the Head of Islamic Finance of Capital Market Development Authority (CMDA), which is the regulatory body for the capital markets of Maldives and the chairperson of the Capital Market Shariáh Advisory Committee of CMDA. She sits in the National Fiqh Academy (National Fatawa Council) of Maldives. She also serves as the Islamic finance Consultant for Housing Development Finance Corporation PLC (HDFC) of Maldives. The Islamic wing of HDFC, HDFC Amna was set up under her direct guidance.