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ISRA Council of Scholars (CoS)


Chairman, CoS
Chief Executive/President International Institute of Islamic Finance (IIIF) and Amanie Business Solutions Sdn Bhd.

Datuk Dr. Mohammad Daud Bakar, is the Founder and Group Chairman of Amanie Group, a global boutique Shariah advisory firm with offices in Kuala Lumpur, Dubai, Luxembourg, Cairo, Tunis and Dublin. He is also the Founder and Chairman of Amanie Nexus Sdn Bhd (Kuala Lumpur), Chairman of the Shariah Advisory Councils of Bank Negara Malaysia, the Securities Commission and the Labuan Financial Services Authority, and the Chairman of the Shari’ah Committee of the International Islamic Liquidity Management Corporation.

Datuk Dr. Mohd Daud is the former Deputy Vice-Chancellor of International Islamic University Malaysia. Datuk Dr. Mohd Daud also sits on the Board of Sime Darby Property Berhad. Currently, he is also a Shariah Board member of National Bank of Oman (Oman), Noor Islamic Bank (Dubai), Amundi Asset Management (France), Morgan Stanley (Dubai), Bank of London and Middle East (London), BNP Paribas (Bahrain), Bank Al Khair (Bahrain), Dow Jones Islamic Market Index (New York) and SEDCO Capital (Saudi Arabia).

Datuk Dr. Mohd Daud received his first degree in Shariah from the University of Kuwait in 1988 and obtained his Ph. D. from the University of St. Andrews, United Kingdom in 1993. In 2002, he completed his external Bachelor of Jurisprudence at the University of Malaya.


Chairman-Shariah Board at Al-Inma Bank

Prof. Dr. Abdul Rahman Bin Salih Al Atram is currently the Chairman-Shariah Board at Al-Inma Bank and Board Member of Shurah Board and Board of Saudi Fiqh Association. He is a consultant at Ministry of Justice in Kingdom Saudi Arabia (KSA).

He sits at Dr. Abdul Rahman Al Atram sits at several Shariah panels and councils of Islamic financial institutions including the Shariah Committee of Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in Bahrain. He is a consultant at International Islamic Fiqh Academy of the Organisation of the Islamic Cooperation (IFA-OIC).

He is former Head of department of Fiqh at Imam Mohammad Ibn Saud Islamic University, Riyadh, KSA.

Dr. Abdul Rahman Al Atram received Bachelor degree and Doctoral degree in Fiqh from the Imam Mohammed Ibn Saud Islamic University, Riyadh, KSA.


Professor of Islamic Economics at King Abdul Aziz University, Saudi Arabia.

Sheikh Prof. Dr. Mohamed Ali Elgari is a Professor of Islamic Economics and the former Director of the Centre for Research in Islamic Economics at King Abdul Aziz University in Saudi Arabia. Prof. Dr. Elgari is the recipient of the Islamic Development Bank Prize in Islamic Banking and Finance and holds the KLIFF Islamic Finance Award for Most Outstanding Contribution to Islamic Finance (Individual).

Prof. Dr. Elgari is also a member on the editorial board of several academic publications in the field of Islamic Finance and Jurisprudence, among them Journal of the Jurisprudence Academy (of the IWL), Journal of Islamic Economic Studies (IDB), Journal of Islamic Economic (IAIE, London), and the advisory board of Harvard Series in Islamic Law, Harvard Law School.

Prof. Dr. Elgari is also an advisor to numerous Islamic financial institutions throughout the world and is notably on the Shariah board of the Dow Jones Islamic index as well as a member of the Islamic Fiqh Academy and the Islamic Accounting & Auditing Organization for Islamic Financial Institution (AAIOFI).

Prof. Dr. Elgari holds a Ph.D. in Economics from the University of California, USA.


Shari’ah Advisor and Director of the Department of Financial Instruments at Al-Baraka Investment Co. of Saudi Arabia.

Sheikh Dr. Abdul Sattar Abu Ghuddah currently is a Member of the Islamic Fiqh Academy and he sits on several Shariah Advisory Boards including the Accounting and Auditing Organization for Islamic Institutions (AAOIFI), BNP Paribas, Al Rayan Bank, Aljazira Capital, S&P Dow Jones Islamic Market indexes, Saudi American Bank and many more.

Dr. Abdul Sattar Abu Ghuddah previously held the positions of Expert and Reporter for the Islamic Fiqh Encyclopedia, Ministry of Awqaf & Islamic Affairs, State of Kuwait.

Dr. Abdul Sattar Abu Ghuddah teaches Fiqh, Islamic Studies and Arabic in Riyadh and has done a valuable task of researching and compiling information for the Fiqh Encyclopedia in the Ministry of Awqaf and Islamic Affairs in Kuwait. He was a member of the Fatwa Board in the Ministry from 1982 to 1990.

Dr. Abdul Sattar Abu Ghuddah holds a Ph.D. in Islamic Law from Al Azhar University Cairo, Egypt.


Shari’ah Supervisory Board Accounting and Auditing Organisation for Islamic Financial Institutions, the International Islamic Financial Market and the Dow Jones Islamic Market Indexes.

Sheikh Dr. Nizam Mohammed Saleh Yaquby served as the Chairman of Supervisory Board and Member of Supervisory Board at Capital Management House B.S.C. (c). Dr. Yaquby serves as a Member of Shari’ah Supervisory Board at Navis Capital Partners. He serves as a Member of Shari’ah Board at Mashreqbank psc. He serves as a Shari’ah Advisor to many Islamic financial institutions globally.

Dr. Nizam Yaquby is a Member of the Shari’ah board for AAOIFI. He is a Board Member of 50+ Islamic financial institutions as a Shari’ah expert including: Abu Dhabi Islamic Bank, Barclays, BNP Paribas, Credit Agricole CIB, Dow Jones Islamic Index, HSBC Amanah, Lloyds TSB, Citi, Standard Chartered and Hilal Bank. He has over two decades of experience in teaching Islamic subjects and has authored several research papers. He served as a Khatib, giving hundreds of sermons at mosques in Bahrain over a period spanning ten years. He also taught Tafsir, Hadith and Fiqh in Bahrain.

Dr. Nizam Yaquby holds a Ph.D. in Islamic Law and a BA in Economics and Comparative Religion from the McGill University in Montreal, Canada.


Chairman of Shariah Board, Kuwait Finance House (Kuwait, Bahrain and Malaysia)

Sheikh Professor Dr. Mohammad Abdul Razaq Al-Tabtabae is the Chairman of Committee to Implement Shariah for the State of Kuwait appointed by the Amir of Kuwait. He is also the Chairman of International Conference for Islamic Economic, Kuwait. In addition, he is the Chairman of Fatwa Committee for Family Law and a member of the Fatwa Board of the Ministry of Awqaf and Islamic Affairs.

Prof. Dr. Mohammad is the Group Chairman of Shariah Board of KFH Kuwait and Chairman of KFH Bahrain.  He also sits as a member of Shariah Board of several Islamic financial institutions such as Zakat House of Kuwait etc. He was formerly the Dean of Faculty of Shariah and Islamic Studies, Kuwait University and a Professor at the Kuwait Institute of Judiciary Studies.

Prof. Dr. Mohammad holds a Bachelor, Master of Shariah and Ph.D. from the Imam Mohammed Ibn Saud Islamic University, Riyadh, Kingdom of Saudi Arabia.


Executive Director of ISRA, Malaysia

Prof. Dr. Mohamad Akram is currently the Executive Director of International Shari’ah Research Academy for Islamic Finance (ISRA) and Professor at International Centre for Education in Islamic Finance (INCEIF).

Priorto joining ISRA, he was an Assistant Professor at the Kulliyah of Islamic Revealed Knowledge and Human Sciences, International Islamic University, Malaysia (IIUM).

In the period 2002-2004, he was a visiting Assistant Professor at the University of Sharjah, Sharjah, United Arab Emirates.

Presently, he is a Member of Bank Negara Malaysia Shari’ah Advisory Council, Chairman of Shari’ah Board of Employees Provident Fund Malaysia (EPF), Member of Shariah Supervisory Council of Labuan Financial Services Authority (FSA), Member of Shariah Advisory Board ZI Shariah Advisory, Member of Shariah Advisor of Dar Al Takaful, Dubai, Member of Shariah Advisory Board, Eco Islamic Bank, Republic of Kyrgstan, Member of Shariah Advisory Council International Islamic Financial Market (IIFM),Bahrain, Member of Shariah Advisor of National Takaful Company PSC, Watania, Abu Dhabi, Member Financial Regulation Advisory Council of Experts (FRACE), Central Bank of Nigeria, Member of The Panel of Recognized International Market Experts in Finance (“P.R.I.M.E. Finance”) and other Boards locally and internationally.

Prof. Akram holds a B.A. Honours degree in Islamic Jurisprudence and Legislation from the University of Jordan, Amman, Jordan and a Ph.D. in Principles of Islamic Jurisprudence (Usul al-Fiqh) from the University of Edinburgh, Scotland, United Kingdom.

He has presented many papers related to Islamic Banking and Finance and other Fiqh topics at national and International level and has conducted many training sessions particularly on Islamic Banking and Finance for different sectors since 1999.

Prof. Akram is also registered Shariah Advisor for Islamic Securities with the Securities Commission of Malaysia and has acted as Shariah advisor in the issuance of several sukuks.

In addition, he is also prolific author of academic works specifically in the areas of Islamic Banking and Finance. He is the recipient of Zaki Badawi Award for Excellence in Shariah Advisory and Research. Recipient of the Most Outstanding Individual Contribution to Islamic Finance during KLIFF 2016 organised by CERT and recently one of the recipients of Malaysia’s 2017/1439H Islamic Personality Award given annually on the occasion of the birthday of the Prophet (peace be upon him).


Mufti of Federal Territory Kuala Lumpur

Sahibus Samahah Datuk Dr. Zulkifli Mohamad Al-Bakri is the 7th and the current Mufti of the Federal Territories, Malaysia. He is also the founder of Federal Territories (Malaysia) Islamic Religious Council’s Pondok Moden Al- ‘Abaqirah.

Datuk Dr. Zulkifli holds the Award for “Tokoh Maulidur Rasul” Federal Territories, 1433 H/ 2012 M, “Tokoh Ilmuan”, Selangor state 1433 H/2012M, Masjid Sultan Salehudin Abdul Aziz Shah, Shah Alam, “Tokoh Maal Hijrah” 1435H, Terengganu state. Dewan Besar, Wisma Darul Iman, Kuala Terengganu, Terengganu. He was formerly a Senior Lecturer of Law and Shariah Faculty, Universiti Sains Islam Malaysia (USIM), a Member of Majlis Fatwa Negeri Terengganu, a Panel of Shariah Research JAKIM, Advisory Panel for Ibadat Haji (TH-JAKIM), Member Shariah Committee of Bank Muamalat Malaysia Berhad and a Board Member of Pustaka Cahaya Kasturi Sdn. Bhd.

Datuk Dr. Zulkifli holds a Bachelor degree in Shariah from the Islamic University of Madinah, Masters Degree in Shariah from the University Al-Ulum Al-Islamiah Wa Al-Arabiah, Damascus, Syria and Ph.D. in Humanities from Universiti Sains Malaysia (USM).


Member of Dewan Syariah Nasional Majelis Ulama Indonesia (DSN MUI)

Dr. Oni Sahroni is a Director at Pusat Studi Islam Wasathiyah, Director-Research Institute at Sekolah Tinggi Ekonomi Sebi, a Member of Daily Management Board at Majelis Ulama Indonesia, a Member of Syariah Supervisory Board at PT Adira Dinamika Multi Finance Tbk, PT Bank Maybank Indonesia Tbk, PT Bank Muamalat Indonesia and PT Smart Multi-Finance.

Dr. Oni is also a Member of BPH National Shariah Council (DSN), lecturer of Fiqh Economics at the University of Indonesia and serves as Shariah Expert in SSB of PT BNP Paribas Investment Partners and Lecturers in some Islamic Universities. He is also a member of Shariah Nasional Board.

Dr. Oni holds a Bachelor degree and a Doctoral Degree in Fiqh Muqaran (Comparative Islamic jurisprudence) from Al-Azhar University, Cairo.


Secretary and Member of Financial Regulation Advisory Council of Experts of Central Bank of Nigeria (FRACE-CBN)

Dr. Bashir Aliyu Umar is currently a secretary and member of Financial Regulation Advisory Council of Experts of Central Bank of Nigeria (FRACE-CBN) and a member of Sharia committee at the International Islamic Liquidity Management Corporation (IILM).

Dr. Bashir was a former special advisor to the Governor of Central Bank of Nigeria  on Non-Interest Banking, a member of Technical Committee, Islamic Financial Services Board (IFSB) Malaysia, a Chairman of Working Group for the development of the IFSB Standard on Risk Management for Takaful Undertakings and on Guiding Principles for Retakaful Undertaking, and a Chairman of Technical Committee on Alternative Finance, a joint initiative of the Central Bank of Nigeria, Securities and Exchange Commission, Infrastructure Concession Regulatory Commission and Debt Management Office.

Dr. Bashir holds a B.A in Hadith and Islamic Studies, M.A in Sciences of Hadith and Ph.D. in Sciences of Hadith from Islamic University of Madinah.


Dean of Shariah and Law Faculty, Islamic Science University of Malaysia (USIM), Malaysia.

Associate Professor Dr. Zulkifli Hasan is a Dean of Shariah and Law Faculty, Islamic Science University of Malaysia (USIM). He is also a Shariah panel for the Institute of Fatwa Management and Research, USIM. Besides these appointments, he is involved as editor and reviewer for various journals such as the Malaysian Journal of Shariah and Law, the International Journal of Business and Finance Research, Shariah Law Reports and the Global Islamic Finance Magazine.

Assoc. Prof. Dr. Zulkifli’s industry experience was as an in-house advocate and solicitor for Bank Muamalat Malaysia Berhad, member of Rules and Regulations Working Committee for Association of Islamic Banking Institutions Malaysia (AIBIM) and member of corporate governance working committee for Awqaf South Africa. He also underwent internship at Hawkamah, the Institute for Corporate Governance, Dubai International Financial Centre whereby he was involved in developing corporate governance guidelines for Islamic Financial Institutions in the Middle East and North Africa (MENA) as well as in the Task Force on Environmental, Social and Governance (ESG) which led towards development of the S&P/Hawkamah Pan Arab ESG Index.

Assoc. Prof. Dr. Zulkifli Hasan holds a Ph.D. in Islamic Finance from Durham University, UK. Besides this, he holds a Master of Comparative Laws from International Islamic University of Malaysia where he also obtained his LLB (Bachelor of Laws) and LLB.S (Bachelor of Shariah) as his first degree.